EXCHANGING PROPERTIES.

Dominion, Volume 1, Issue 262, 29 July 1908, Page 3

EXCHANGING PROPERTIES.

■ Exchanging goods of all sorts seems to be one of the .delightful systems of speculation' at present iri ; rogue' among Now ;;Zoalaud farmers business people (writes our Wairarapa corespondent). In the yoars gone by, the business was confined merely. to horsos and saddles, but the strenuous life apparontly now' demands something on a larger scale, involving the risk of much more valuable property. The optimism of the contracting/ parties their " deals " is romarkabl?,, and 'from the riiariner in which this class of ' speculation has grown, it would appear that tho confidence is ( not : "rajsplaced. r "The case of 'a'wcll-kiio\vn''cif!y man who oxcliarige'd' a billiard-manufacturing-business' for broad acres has ajreadyjJbeqn recordodi v®arms are .oxchanged' galore for city "properties,' but there are more; astonishing cases.' For instanco,' a man exchanged some-farms for a tannery, and lie started curing hides'on a large" scale) although he. had never; before, smelt , the ' tan or ;dealt..with: chemicals" ; In', course of'time, the' tannery-, was exchanged, for a' brick works, which' in turn was after-' Wards exchanged for an hotel and two bakery businesses; Anothor man exchanged his farm 'for. -a city- skating -rink,- and - rari : - the - show, with an enthusiasm-and success which ' sur-' prised himself and his numerous friends.. Still another farmer exchanged his section' and town property, for a sawmilling , concern in ,the;middlo of the North'lsland, and', hps. gone into,the wilds fully, satisfied with his: deal, nptwithstandirig tho Oregon pine bogy. And: there are' others/' Tho'whole• thingiseems to mark a'most astonishing phase 'in the New Zealand life;,' arid certainly gives' prpdenco 'to the. charge that the population 'of thV Domin-' ion is somewhat volatile. . ' ' .