Answering a question at a meeting of the Junior Reform League last evening, Mr Norton Francis stated that the majority of farm land in New Zealand was over-valued. When it came to a question of borrowing money there was little doubt that the real basis of value should be on productivity, and because values were too high, huge losses had been suffered.
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Star (Christchurch), Volume XLIV, Issue 78, 1 April 1931, Page 7
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62Untitled Star (Christchurch), Volume XLIV, Issue 78, 1 April 1931, Page 7
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