THE BURSTING -UP POLICY.

New Zealand Herald, Volume XLIII, Issue 13278, 10 September 1906, Page 6

THE BURSTING -UP POLICY.

THE £50,000 LIMIT. WHO IT WILT, AFFECT AND THE EXTENT. i The determination of the Government to make it illegal for any land-owner to bold property, the unimproved value of which is in excess of £50,000, will have (says the Wellington Post) a far-reaching effect. According to a Parliamentary return made up to 1902 the value of the following estates exceeded the limits which the Government intends to impose: — « Ini- UniinArea, proved proved in Value. Value, Acres. £. £. 0. C. Buchanan, Gladstone ... 15,432 98,224 56,358 H. D. and J. F. Buchanan, Little River 15,353 63,928 51,571 D. Cameron, Springfield 16,716 116,200 95,b43 H. Campbell, t'oukawa 16,524 94,920 69,1^5 .». Deans, Eiccarton ... 18,082 87,639 67,317 IMwortn .Ksuuc, Kemuera 10,673 73,612 64,675 XV. Douglas, Te Malianga 15,581 129,183 103,166 J. C. N. Gregg, Longbeach 15,567 133,789 98,014 J. Harding, Mount Vernon 16,645 101.153 66,596 D. G. Holmors. Itakaia... 10,039. 71.383 58,818 S. Johnston, Takapau... 18,902 91,016 55,028 T. Lovvry. Napier ... 16,303 88,039 66,559 W. Kathbo'ne, Waipawa 16,405 65,971 55,679 K. H. Rhodes' Estate. Christchurch 11,354 79.907 60,303 O. H. Kussell, Hastings 11,008 73,869 53,144 W. Sanders (absentee)... 14,622 74,210 51,077 E. J. Watt. Longlands... 17,549 127,576 96,090 F. Williams, Napier ... 13,413 73,846 58,344 G. A. Buckley, Ashburton 24,017 132,787 309,600 Trustees S. Campbell, Wellington 22,976 73.426 59,790 Sir Geo. Clifford, Stonyhurst 25,404 68,539 56,662 Sir Geo. Clifford and

others, Chriutchurch... 55,814 112,859 102,179 J. Douglas, Mount Royal 29,987 107,566 72,945 G. and P. Hunter, Porangaliau ... 29,889 140,450 90,629 Estate J. McLean, Oa.maru ... 25.394 96,529 86,009 Estate C. J. Nairn. -Napier ... ,i. ... 26,013 137,000 100,665 Hon. .1. D. Orinond. Napier 28.255 155,127 114,927 Estate 11. It. Russell. Napier 21,678 90.108 67,769 Smith Bros., Maraekakaho 27,769 103,207 78,182 Archdeacon Williams, To Aute 24,540 146.503 111.778 Armstrong Bros., Akiteo 32,117 82,715 55,620 Estate J. Ellis, lnvercarfili ... 39,039 74,040 58,578 Estate 13. Elworthy, Timam ~ 32,759 168,073 151,525 S. H. Oollan, Waipu- . ■■ „ kurau 36,810 155,805 117,890 Hon. W. W. Johnston, Wellington 35.342 156,472 117,596 G. H. Moore, Christchurch 34,259 193,170 179,019 J. N. Williams. Hastings 37,837.150.623 85,551 Estate Sir J. C. Wilson,' Ohristchurch 30,298 135,331 101,687 Estate G. A. Anstcy, Christchurch ... , ... 44,332 83,937 74,800 G. F. Bullen, Kaikoura 45,310 74,852 59.160 R. D. D. McLean. Napier 44.909 228,544 158,275 Colonial Bank Australasia, Dunedin 65,158 64,089 53,430 Estate Hon. M. Holmes, Dunedin 60,982 91.529 ,72,175 Wharton and Co.. Waiau 57,821 114,331 91,969 Williams' and Boetham, .-.-.. Maaterton .:. ... 69,312 297,272 187,552 Estate T. Carter, Blen- ~„•,. rin heim 85,102 85,627 61,610 Estate F. G. Dalgety (absentee) 87,238 9j,iwo 60,045 E. D. Riddiford, Wei- .77,523 192,623 124.569 linrton 77,523 192,623 124,569 M. C. Smith, Greenfield 80,184 104,625 62,244

* The Greenfield Estate, since this return was presented to the Honse, has been acquired by the G vernment for settlement, and in several other cases the sizes of estates have been reduced. N