LAND VALUES
ARE THEY TOO HIGH? KING COUNTRY CONFERENCE (Per Press Association.' TE- KUTTT, this day. The Hon. A. I). McLeod is holding a- conference with the heads of departments to-day on land questions 'arid co-ordination of action between the Valuation, Lands, and Advances Departments. Prior to the conference opening the Minister said he had no doubt that a certain percentage of land in New Zealand should never have been opened for settlement. It was useless, however, to throw responsibility on this or that Goyernmenf. ’Dio economic position had changed since the land was occupied. and a certain amount of clearing iqi would have to he done. Referrinir to valuations, the Minister said he know that statements were made from time to time that the valuations on an unimproved basis were altogether too- high, hut there were differences of opinion upon that point. Referring to flic reputation of King Coirntry lands, lie said there was a strong revival of confidence in them. It was being realised that the bulk of the country was much better than had been thought.
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Bibliographic details
Poverty Bay Herald, Volume LII, Issue 17165, 15 October 1926, Page 8
Word Count
179LAND VALUES Poverty Bay Herald, Volume LII, Issue 17165, 15 October 1926, Page 8
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