The deputation from the Forestry Lea&ae who -waited on the Premier (Mr Masseyl. nr(Hn<r that further lartre sums should be set aside to purchase more land for afforesta-ti<->n, must have been very disappointed with their reception, but it is obvious that.
altho"<rh Mr Massey is very favourable towards the needs of afforestation, and knows foil well the enormous benefit it will eventually ho to the country, both financially and industrially, he is quite unable to supply funds which are more urgently rerun red for immediate The opportunity is therefore left to Private Enterprise. Messrs N.Z. Perpetual Forests Ltd., whose local office address is P.O. Box Ml, Dunedin, a company promoted by Messrs Smith, Wylie, and Co. (Ltd.), the pioneers of private enterprise in afforesta-
tion, have put before the public n proposition which is absolutely unequalled, inasmuch as the terms of investment are so easy that every man or woman can afford to participate—vir... £95 subscribed by paying 35s down, ?,5s the month following, and 25s every throe months until £26 is fully paid, entitles the hojder to a Bond in the Company; one such Bond secures an acre of laud at Putaruru. planted with quick-growing trees, and cared for until maturity, in 20 years that Bond will bo worth at the very least £SOO. Messrs N.Z. Perpetual Forests Ltd. will gladly send full information on receipt of a post-card, together with the opinions of some of the world’s forestry experts as to the vast possibilities of commercial treepJaAtf.ancf
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19240331.2.71.5
Bibliographic details
Otago Daily Times, Issue 19134, 31 March 1924, Page 6
Word Count
249Page 6 Advertisements Column 5 Otago Daily Times, Issue 19134, 31 March 1924, Page 6
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.