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CLOSER SETTLEMENT.

LARGE ESTATES IN NEW SOUTH WALES. Received January 21, 8.32 a.m. LONDON, January 20. Mr O. D. Parker, presiding at the Peel River meeting, said the company's offer of 78,000 acres at 105s per acre seemed to the board to be meeting the New South Wales Government's wishes in a very handsome way, but as the Government had declined the offer, the latter had been withdrawn. Recognising the need of closer settlement, the board proposed to sell direct to the public in future on a larger scale than heretofore. Mr Coghlan, Agent-General for New South Wales, in a letter in the Daily Mail, refuted the statements made in a written by Mr A. F. Thomson, a shareholder, accusing Mr Ashton, the New South Wales Minister of Lands, of saying with brutal cynicism that in dealing with the properties to be expror priated every means must be taken to undervalue and depreciate them.

AN EXPLANATION; Received January 21, 9.10 a.m, SYDNEY, January 21. In reference to Mr Thomson's statements regarding the Peel River property, Mr Ashton said no such statement as that attributed to him by Mr Thomson had ever been made • by him. It was quite possible that the statement was drawn from a portion of his speech made in introducing the Closer Settlement Bill last session, when he pointed out that the present system put the Government in the position of having to depreciate properties if it wanted to acquire them, and later on of having to make the best of them if the Government wanted to settle them. Some statement of that character was made, but nothing was said of the character attributed to him by Mr Thomson. The Government, according to Mr Ashton, will probably resume possession of the estate, but that is a matter which will be decided upon by Cabinet as soon as the Premier comes back. Mr Carruthers, the Premier, has already stated that unless he gets a reasonable offer the provisions of the Closer Settlement Act will be put into operation, and that statement still holds good

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https://paperspast.natlib.govt.nz/newspapers/WAG19070122.2.14.5

Bibliographic details

Wairarapa Age, Volume XXIX, Issue 8338, 22 January 1907, Page 5

Word Count
346

CLOSER SETTLEMENT. Wairarapa Age, Volume XXIX, Issue 8338, 22 January 1907, Page 5

CLOSER SETTLEMENT. Wairarapa Age, Volume XXIX, Issue 8338, 22 January 1907, Page 5

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