FARMLAND VALUES.

New Zealand Herald, Volume LX, Issue 18388, 2 May 1923, Page 6

FARMLAND VALUES.

■ Sir,—May I, through you, express mv thanks to your country correspondent for " '"' his article, A. Farmer's Budget." in ' my opinion, far too many articles, book ■ lets, pamphlets, etc., are printed, tha ■ '"" majority of which give an entirely ; er- ' roneous view of the prospects 'of arm ' : ing in this country. I am a Britisher who came out believing that sheep arm . ing in this country was a paying proposition, but so far uo figures put Wora me prove it to be so at anythingllijuJ : the prices asked for the land.' Compaq, sons are odious, but if in England; the • carrying capacity is lower so , is 'tha amount of capital involved and the risk' incurred, while tho lambing percentage ' - is higher and- prices on realisation double those ruling in New Zealand. England ■ as everyone knows (except in a few counties), is net suitable for dairying, • yet the price of milk compares very favourably with that ruling hero. Dealing in rail, lions by way of mortagea will not help ! *'.. anyone, neither will unreliable boosting. ";' Your country is full of -'possibilities and attractions, and it is a pity therefore to indulge in excessive flag-waving, which only leads to disappointment to those temporarily carried away by it. No one .-■ visiting Auckland can but' bo struck at the prosperous outlook of everything, ap- > ; parently no poverty ;or lack of employ- " < ment; Is it not better to.be content with this than run the risk of excessive immigration, compelling those who fail on " the land to drift back to your cities in- ■•*'' search of a.' livelihood? i Bbitisher. V