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It is unofficially stated (says the "Dominion") that the annual report of the Land Purchase Inspector (Mr. J. D. Ritchie) states that there appears to be an unlimited demand for Jand, but the board is faced with the difficult ta.*k of findinsr suitable areas at anything like a price that will allow of their being disposed of in reasonably sized farms, at a rental that will enable the lessee to make a fair living. At no time in the his-toi-y of the Dominion have the returns from the Hocks and herds been as high as during the past year. If the continuance of the present returns could be depended upon the purchase of estates would be an easy matter ; but it must not be forgotten that there have been times of depression when our Maple products did not return much more than half of what they arc now doing, and there is no saying when the same may occur again. It therefore behoves the board to exreciso great caution in making- any reromnirndati'Mi to purchase. The value put upon the bulk of the land offered is such as to place it practically beyond the reach of the Board. "Notwithstanding the prices." ;idds Mr. Uitchie. 'Vvorylbitig possible i<; being doii« to secure suitably properties."

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https://paperspast.natlib.govt.nz/newspapers/NEM19100818.2.78.3

Bibliographic details

Nelson Evening Mail, Volume XLV, Issue XLV, 18 August 1910, Page 6

Word Count
213

Page 6 Advertisements Column 3 Nelson Evening Mail, Volume XLV, Issue XLV, 18 August 1910, Page 6

Page 6 Advertisements Column 3 Nelson Evening Mail, Volume XLV, Issue XLV, 18 August 1910, Page 6