SOLDIER SETTLERS

Manawatu Standard, Volume LV, Issue 257, 27 September 1935, Page 2

SOLDIER SETTLERS

A YEAR’S LOANS. NEARLY £60,000 INVOLVED. (By Telegraph.—Special to Standard.) WELLINGTON, Sept. 27. The Discharged Soldiers’ Settlement Report, presented in the House of Representatives, states that loans authorised during the year numbered 574, involving a total of £59,028. Cash receipts for the year rose by £122,882. Lands set apart for selection by discharged soldiers totalled 3857 acres, making a grand total of 1,452,525 acres proclaimed since the inception of the scheme. The area is made up as follows :—Ordinary Crown lands, 613,093 acres; land-for-settlements land. 402,544 acres; national endowment land, 433,532 acres; Cheviot estate land, 3356 acres; total, 1,452,525 acres. Applications for land under the Act to the number of eight only were received during the year, as compared with ten in the previous year and the peak total of 5396 in 1920. The Dominion Revaluation Board has made reductions in the capital value of leaseholds totalling £2,019,620, and in Crown mortgages totalling £873,366, an aggregate of £2,892,991. Remissions of instalments interest and rent aggregate £472,375.