LAND FOR CAPITALISTS.

Daily Southern Cross, Volume XXI, Issue 2612, 1 December 1865, Page 5

LAND FOR CAPITALISTS.

" In tb« multitude of connclllon there l» «UJom." To the Editor of the Duly Soutuerx Cross Sir,— l tmst future experience will prove the truth of this adage, but although our Council will contain a vastly increased amount of wisdom, perhaps Ait outrider, although a modest nun, may »dd hi* mite of suggehtiom. Wt hay« labour flpw ia abundance, »nJ wh»t w« want it c»piul. We hay« land, and we desir« to attract capitalists to this province : w» muat, there* fore, endeavour to do this by holding out torn*

usonabl* inducement to them. -F»r injUno*, say that w« coidJ apportion out a' Mock, "or ' sundry block* of land, 'snaking up • 500,000 acres 5 why should w« not offer tm* in blockf, at 36V per acr*, payabl* ortr a court* of 10 years at 2* Cd.per mi* per unnm ! This would rcalis* £62,800. per annum, sufficient to piy interest, and a sinking fund on a loan of debentures to pay off present lubilltie*, »och at tb« AVaikato settler*, th« imtuigrantt' nqnirementi, the tettler*' compnution, and would, 1 doubt not, bring atnongit us tb* cUu of men \r« now require. Tbut, with labour, land, and capital, what is to *top th« onirard marcli of agricultural im> provtmenU (a our province, or prevent u» becoming what we should be, idf-iupportiag, at all ovenU, as Ue as agricultural produc* u concerned t NotwitluUudiuj: tbc bos* dander and libel* he.iiied upon us, of oppressing tli* Maorit, only afford th* uui* help in erecting mill*, aupplriu^ itupltmenU, teams, &&, to European tettlers which bay* for year* put been given to Maoris, and I trill guarantee that better urn is mad* of them, and that more permanent advantages accrue to th* provinc* generally, by such measures. It is time for every man to put his shoulder to th* wheel, and even to practise some considerable self-denial, it needs be, for the future good of the general concmunHy.— Your.*, 4c, J. Citurc.