Loans to Settlers.

Pahiatua Herald, Volume I, Issue 51, 18 September 1893, Page 3

Loans to Settlers.

Deputation to the Premier. As the outraiiie of a lurking of Government support*!-* convened by Mr Hogg. M.H.R.. to consider the desirableness of asking the Government to advance money to leaseholder* on the same terms aa advances art now made to freeholder*, a deputation waited on the i*remier. Colonial Treasurer, and Munster of Lands on Wedneadav. The members present aere —lleMrs Hogg. Houston. C. H. Mills. Uwrr. Willis. W. C. Smith. McGnira, E. M. Smith. Hall-Jones, and Mackintosh. Mr Hogg recited the resolution that had been Baascd at the caucus, and stated that the wish of the deputation was to see set tiers under the perpetual louse and lease in perpetuity svstems plftrad on the same terms as regard* loan* from Tru t funds as the owner* of freeholds. He submitted that the lease in perpetuity system was admirably designed to place comfortable homestead* within the reach of men whose chief capital was their labor, but IBMBkOch as they had Mini MhMh in the shape of bal roads, rents and local rule*, and sometimes hail burns to contend against before they could obtain a fort lung of return from their outlay, they often required assistance to place them on their leg*. He believed that unless they were enabled to borrow on the —i HI fry of t •;r . r.,\• no n*- n„l , f. w ..i | ■ m would have to go to the wall. As a mem her of tlie I .and Hoard lie was in a posi lion to say that the large number of application* to transfer was due to the d th rally which**: V occupi. r* found in retain mg tlteir hold of the land during the time when the* were breaking in the soil. Hankers and private money-brnder* would rreiih help tW freeholder*, hut they were I s’'' stp leaseholders. 11. submitted that this Hftw the case the Government should t. u.ints of the State. Noacnnti could be Utter than the security which permanent improve to tils afford. l-*nd might fluctuate in .• mia liAT.il-- fe- <iimini»feiK The p-upfe hr fe-li<-x<ii. K'-tM-rallv Nppn-.-tAt.il the effort. tl.Nt 111. wtininiiiratinii making hon*. I.' placing the their ii.-pn.-xl on hfe-rix! t.-rim : hut if the\ «,'n tlull the"leNNeholdenT Jh-.u1.l 1«" „. .hli d to ohtain idv.m-.-i to a moderate extent on the Ki-unty of their improveMr \Y. C. Smith mid the leneholders. he underatnod. deiirtil to borrow from the l*uhlie Trxiit (Hbrr and Government Inmnuiee IVp.nui.-nt to tile extent of h:df The Minuter of Lamfe replied that . Bin would have to lie pmwed fefore thin could he done, and tile m-wioii was too far “ Mr Maekintiwii referred to a pmuiiae nia.l. bv tiie late Mr Balhinn-. and subinitt.il tliat the atnaii aettler. were not fairli treated, M-emg that although the rttv wo 1m tier than that of the large owner.. li.id to pay 7 per rent, for ail The Colonial Treaaurrr reminded Mr Markin - .wh that the Government Inaur-an.-e I v pertinent ha*, to protect it. feo.in.-Mi .ui th.- mute wife and ad ran t,i—. ->u» linn vi mal nMupauiea. Til. Premier anal the Government rotdd hardly make advance. -at building*, hut arcing tie i oreupied ti: relative po*iAppear. -I reasonable. The permanent in. po.veim-nl of tlie land w.is undoubtedly a --.id .- - it.- and tlie onlv d.fiieuilx lobe appr.heml.ii ariae from the trouble of Th. Minister of land, said the time would come when holder, of leases ill perprtuitv would be able to borrow on the arruritv of their holdinga. The applirnthatthe torn-' wTi approaching when the Stale would hair to lend at mod. rate rate, an aa to promote Hill Hint Next Tear he thought it was probable they would I. ah'- to give . licet to the promise made by their late chief. In the mean time the matter would receive the careful consideration of tin- Government. The deputation thanked Ministers for the promise they had received and then withdraw.