Page 8 Advertisements Column 3

Dominion, Volume 3, Issue 747, 21 February 1910, Page 8

ing in Papua to ba £St per acre net. Samples of-cotton • grown' otf th'o taloki i lands'in Papua':to = !bo 'acquired ,t>y this • Company , have been : submitted to , the 1 Liverpool Cotton 'Association (Limited), i who handed'the samples'to Messrs! Weistenhblffle' and ' Holland, who' report as I follows:—. ; i : I "The qualities • are most excellent and '■ well worth further ' .'cultivation. ... . '. Sample /'ArfGrown at,-Rattle's,''• Papuan s cotton; in'sped; value 115d.,:whcn ginned. Good colour,' staplelong and strong., Sample'B—'Groiyh; at Battle's, Papuan 1 ginned.l cotton,- valve 13d.. to 14d. Sea j Island, character,'.fair 1 colour, long.' and strong." ' . . .. ... .1 •. Theso prices would appear to'bearout ' the estimate of''.£l2' ; j)et''aoro profit, .but, ~ Mr.'Darling ,ih ; his- Estimate of Profits puts the-profit .from''cotton-at only ,-.£20. jier acre."' , . : sugar! .;\V'''V \ , Papua>ijs' • the i , of-' ; the shgar-cane.' - Queenslhi'd, ' ; .which ' ; has' ' a , T-ory .considerable! area,.under augar,', depends ; largely; tipbn' : tho "Papuan' varieties of sugar-cane for-the;'success 'of'.its inIt' is the intention'of the Com- • panj;' to 'undertake 'the "cultivation of", a' considerable. : . area', '.■ with, . the ibest,' voric-. ties of' .cane : and ' the' latest types '. of machinery..'. '~ RUBBER Rubber "is also: indigenous . to ' Papua.. The', sources .of the-'native' supply • consist of rubbor-'yielding : vines'whioh entwine the'-large, forest, Considerable areas in'Pa'pria,. have 'recently been. planted I .with : Para "rubber trees,' and? it is claimed that is being . obtained r than : in : any ..other-. coun- : t rv. • Mr. H.; A;' : "Wickbam, : • thfl Para : rubber "expert, 'who 'was- responsible, for ■- the'.introduction of;' Para [rubber, to the East, 'is; at 'present'engaged 'in ' planting an'.eftdte .in iPapua. . :Mr.<sWiokh'am.LwKo •inspected -the; Cloudy .Bay .lands:on offer. tb""this I ': Company,"'considered' them' very' good'-for-'itM ■ growing ;bf Para ' rubber frees. • 'According tb Mr. Darling's report J!ara..rubber..irecs. :ai..5J .years, .in. Papua are',as far forward, as trees of .seven years' growth ' in. Ceylon.; The'-.Directors, there- ~ fDre;'. anticipate''' a", comparatively early, and. steady ' increasing.' revenue - from rubber. , '.. LAND TENURE; EEGULATIONS.''.. ;• Agricultural ; and -pastoral .leases,' wide r -Section;' 16 ofHho -land Ordinance of 1906,' ' have ' a'-" minimum ■ tenure of' 99 years.- : The rent : of : agricultural leases is', determined at ; 5 : per cent;, and of pastoral' at' 2}' per '.cent.'' of the' unimproved value of' t&e.' land:' Leases are. reappraised . every twenty >yearsduring. '' their';- cur- ' teincyi .but',if, ori ; reappraiseroent : the rent ■ ;'i#iraised : ,by>.more ■ than one-third- in the '"case '-.of ■'• agricultural'leases .and one-. : fourth in of- pastoral leases, the i' lessee- may 'disclaim the. lease,-. and shall ■' thereupon 'be entitled/ to : receive com- '! -pehsation 1 for his improvements. "For the -first period of twenty 'years' the,inn-, improved value, of agricultural ;.land' has beph;'assessed at 'five : shillings" per .. acre,' and .pastoral' land, at .one'shilling' pee.acre, .' making a rentkl. of threepence .per acre.. ' for":agricultural land, .and-one:shilling • per hundred acres ' for pistoral> land.'. ..On leases;,'granted ■'for -a' lon'ger ; ''period. than . thirty< years '.no • rent 'is charged for the first"; ten;*year's.' ;The-leases .under 'this Ordinance, are":subject', to :a;'.reseryation ' of mineralrights: aiid'.of ;tbe right .'of ac- . cess,"' and-'to: any condition 1 , '.or reservation ..which' the Lieutenant-Governor .may'consider-necessary in the public interest,-, and are. also subject, to an.obliga- ■ tionitp cultivate.-^portions..of;, the, area included within' periods of .years specified in'the Ordinance. : . : ESTIMATE OF. PROFITS.. ■ ' '' : The subjoined Report from Mr. ;DarI' ,ling deals with-the question of tho pro--1 bable"'j>rdfitV of the Company frbnr'tropi- ■ dal agriculture:;— : ■ .•■.LONDON, 16th December, 1909. i To Papuan Land«, Limited. : ■ ( With reference to -my recent visit :to , tapuaj-and to Mr. A. J. Boyd's estimates > of "'prfifits,-I'consider it practicable,' from ' information received oh'the spot and from my 'bwh;;knbwledge, . that the 'following . e 'cah :: b'e : 'ea¥ned;—" ' •■' J "'i' o'. t ; "o ; • ;,o®. •• r ".' ' g. ', g ' ■■■ gJS . g r g ,' a ; g" 5 5": «';• « . • • ; g - : :iiiii'iigjiii|iiii|l ii", 1 ; 3" 's §s B ss'a ass's 3■ ■ gg ' ' ' ..} \:. 1/ ;"I <3 ;• Is, ~j '■ " ' .y ' ' ! ' !'' '" \ ' t l|"-i ~J S „ i' 2- s 1 ss""'" V« |S.; _S-" *'S 'fe s i, a ., '• o a 0 A? c3»o' ffINN ;,3WNiH m e>M 6 uW ' i«,'. A a-. a S ■g: 5S a oo ,' S"> *>' * ' o ' g Jg:::: Jjs : j, h v g : : g-'Wg ■§ i. 53.:. p|§ "oa , ..'§« y g3l§ni|§ig Xl?|-S11!' I *$ »srvi-a' ■ &i! 1! I i |f"S! | ] - : : !':. •d- • ] :ft2 :• j is oca's ! i:L -. ■ liig? Hgs H-Slpi in » J :-i i-lgS s • : i ». MS S S2« es tit ■ .'"sr.T-rSa&S : 3-Sl s § g^Ss..?e . a a .-.•Sa«s f« 5 - SgSSai Sa o g>S2^-d2 , 3 't' I^^SS^M'oSf'KDm'M gciw p-, a v.- ? a •. m- '. «. 6cr ■ . ■. -,a : P " 'to •