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THE NEW LAND ASSOCIATION. —A GREAT COLONISI NG SCHEME.

On: Hamilton correspondent writes : —"lt ;s not surprising to find that the success which has attended the undertakings of the Tatetcre Land Association, and tno more recently forme'l Auckland Agricultural Associntiuii (formerly Maclean and Co.), in their land speculations, undertaken for purposes of settlement, lias had the elf'ect of bringing forward :i ue\r organisation on a larger ami more extended scale. A grand columsKtiou scliLT.ic for this part ot the colony is \k\\vj. floated with a capital of a million sterling. The object is to buy large blocks of !a:i ifdrain and otherwise improve, so as to render them suitable and available for settlement, cut them up, and dispo.-.c of then; on easy t"rmsto6oH«/iV".--et tiers. A company which* will dy this, intrudtie.;''!;,' the right class of settlers from Home, couM have no better opportunity thau the present, when there is a desire on the p.irt oi the tenant farmer class at Home, which is like'.y to continue, to emigrate to a more congenial elinni-o, and where there is better and safer investment for their capital in farming than in Kngland. The reclamation of large blocks of valuable scvainp land can be undertaken proi'UWy by a powerful company, on a systematic plan, as 'has been shown in the case oitho blocks of laud uow being reclaimed by the Auckland Agricultural Association. Uoad.s can be formed, and tlio whole made fit for the occupation of small capitalists : where the latter «oing first hand on to the land in its original state '.vo'i'ld Only lose innafv. and wu«U- time in any attempt at reclamation. The work of draining, road-

iovuikig, &e., under competent engineering on :i |i!an, e.i" be pvolica'uly e.irrii-d out on a block oi 'JO.OOO acres, whera its cost undertaken by individual small holders, v.'ould he si'niply ruiiior.- : indeed, the work would nevci" be imili!:-t:>ko!i at all. But for the I'inko Sv.-;iiiin Company (he l'i:iko swamp \roulil have bwn still in its on-in:il s::it,- to-day, r.:ul not only po, but v.-hin.'it the vast .-.uni p-.'.i into c:iv;;!atio!i in t!ic \V:iik:ito, ill tlu: reclamation vl sucli portions of ic us have been nuiL :'takon, tho suttlcmont oi the ilistnct goneiv-lly would not have 1.-uun as advanced as it now is. While thtrc is no wish to .-sec- the laiid held by Ei!!','!e individuals in lav_:« estates fur spcunla'tivc purposes, the public know too well tha pi-o:-p::ri;y v. hich follows the working of-Kiich compaiiic l ! as those above referred to, not to hail with gladness tho. ;innidiiieoiucnt of another wealthy colonising iissoeiatiou."

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18820112.2.21

Bibliographic details

New Zealand Herald, Volume XIX, Issue 6288, 12 January 1882, Page 5

Word Count
428

THE NEW LAND ASSOCIATION. —A GREAT COLONISING SCHEME. New Zealand Herald, Volume XIX, Issue 6288, 12 January 1882, Page 5

THE NEW LAND ASSOCIATION. —A GREAT COLONISING SCHEME. New Zealand Herald, Volume XIX, Issue 6288, 12 January 1882, Page 5

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