CANBERRA.
LEASEHOLD AT THE CAPITAL. SYDNEY, February 24. A tour of ihe. Federal capital and the surrounding country will be an eyeopener for the Royal visitors. One of the most active bodies at the capital to-dav is the Federal Territory Lessees’ Association. The fact that a city population at Canberra will alter the whole aspect of the surrounding land settlement in the near future, that woolgrowers will benefit only to a limited extent by that development and change, and that farmers, fortunate enough to hold picked areas, will be provided with a handy market for their produce, led to the formation of the association. Canberra used to be known as a district of land monopolists. Only a few years back the bleating of a few sheep alone broke the silence of the great empty plains. Things are different to-day. The territory has now earned recognition as a successful experiment in closer settlement on the leasehold form of tenure, the only tenure which is recognised by the Federal Government. Graziers recognise that they are not assessed, in their rentals, right up to the capital value of the lands immediately cutside the new city, and are becoming perturbed at the prospect of a move in that direction.
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Bibliographic details
Otago Witness, Issue 3808, 8 March 1927, Page 31
Word Count
205CANBERRA. Otago Witness, Issue 3808, 8 March 1927, Page 31
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