LAND FOR SETTLEMENTS ACT, 1925 (REPORT ON THE).

Appendix to the Journals of the House of Representatives, 1932 Session I-II, C-05

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1932. N K W ZE A LAN D.

LAND FOR SETTLEMENTS ACT, 1925 (REPORT ON THE).

Presented to both Houses of the General Assembly pursuant to Section 109 of the Land for Settlements Act, 1925.

The Land Purchase Controller to the Hon. the Minister of Lands. Sir. — Department, of Lands and Survey, Wellington, Ist August, 1932. I have the honour to submit a report on land-purchase operations for the year ended 31st March, 1932. Some 201 offers of estates were considered, and eight farming properties were purchased during the year. The total area acquired, including a section of land required for the purposes of the Hutt Valley Settlement, and some 39 acres acquired as a homestead-site, was 4,815 acres, and the amount paid out, £62,525. Included in the purchases were seven properties, totalling 2,772 acres, acquired on behalf of approved applicants under the provisions of Part II of the Land Laws Amendment Act, 1928. The balance of the purchase-money for the Galatea Estate was paid over during the year. It has not yet been decided when the land is to be opened for selection, and in the meantime the estate is being handled so as to give a maximum return. The road work has practically been completed, and a considerable amount of scrub-cutting and fencing carried out. Further work to be done includes the cultivation and grassing of various areas, and the top-dressing and reconditioning of the balance of the estate. It is intended to provide on each section a reasonable area of pasture of dairying standard, and until this has been accomplished it is not proposed to place settlers on the land. Owing to the low prices ruling for wool and lamb it has not been practicable to purchase purely grazing-lands which on subdivision could be disposed of at prices enabling settlers to successfully occupy their holdings. Operations have therefore of late been confined to the acquisition of land suitable for dairying. The position with respect to the pastoral industry is, however, being closely watched by the Land Purchase Board, and when opportunity offers it is hoped that it will be possible to arrange for the purchase of some suitable grazing-land. Tables are attached giving particulars of the properties considered and lands acquired during the year, together with Revenue Account and Balance-sheet. The usual statement (duly certified by the Controller and Auditor-General) required under the provisions of section 109 a of the Land for Settlements Act, 1925, of the moneys received into and paid out of the Land for Settlements Account during the year will be found in parliamentary paper B.- I (Part I), being the Abstract of the Revenue and Expenditure of the Public Account .for the year ended 31st March, 1932. I have, &c., W. Robertson, The Hon. the Minister of Lands. Land Purchase Controller.

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Table A.—Number of Properties considered during Year ended 31st March, 1932.

Table B.—Summary of Estates acquired to the 31st March, 1932.

Table C.—Return of Land purchased and paid for during Period from 1st April, 1931, to 31st March, 1932.

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, . . at i Area of Estates ( <,„,1 i RTnmhm- Area of Estat es Land District. Number, i offered Land District. JNumber. offered. I Acres. Acres. North Auckland .. 50 64,550 Nelson .. .. 5 5,827 Auckland .. .. 68 132,004 Westland .. .. 2 2,409 Gisborne .. .. 4 1,101 Canterbury .. .. 9 6,050 Hawke's Bay ., .. 14 36,624 Otago .. .. 5 3,230 Taranaki .. .. 9 10,789 Southland .. .. 8 5,950 Wellington .. .. 23 ! ; 89,908 Marlborough .. .. 4 j 2,685 Totals .. .. 201 | 361,127

a—5. 2 Table A.—Number of Properties considered during Year ended 31st March, 1932. , . . at i Area of Estates ( <,„,1 i RTnmhm- Area of Estat es Land District. Number, i offered Land District. JNumber. offered. Acres. Acres. North Auckland .. 50 64,550 Nelson .. .. 5 5,827 Auckland .. .. 68 132,004 Westland .. .. 2 2,409 Gisborne .. .. 4 1,101 Canterbury .. .. 9 6,050 Hawke's Bay ., .. 14 36,624 Otago .. .. 5 3,230 Taranaki .. .. 9 10,789 Southland .. .. 8 5,950 Wellington .. .. 23 ! ; 89,908 Marlborough .. .. 4 j 2,685 Totals .. .. 201 | 361,127 Table B.—Summary of Estates acquired to the 31st March, 1932. — ~~f T i Land District. Number. Area. Purchase-money. Acres. £ Auckland (including North Auck- 122 427,763 1,733,499 land) Hawke's Bay (including Gisborne) 73 332,527 2,454,899 Taranaki .. .. •• 26 30,978 375,881 Wellington .. .. •• 155 160,828 2,350,297 Marlborough .. . . ■ • 22 224,090 755,482 Nelson .. .. .. 14 48,821 150,473 Westland .. .. •• 3 6,032 14,062 Canterbury .. .. 178 451,201 3,521,523 Otago .. •• 81 335,212 2,029,409 Southland 34 j 94,396 522,280 Totals .. .. .708 j 2,111,848 13,907,805 Table C. —Return of Land purchased and paid for during Period from 1st April, 1931, to 31st March, 1932. Name of Owner. Locality. j Pr | C c e re per Settlement. Area, j A "™ nt _ £ s. d. : Acres. £ O'Shea, M. J.* .. .. Wliangarei .. .. : By agreement Tauraroa.. .. ! 1,142 5,592 Eraser, D. J.* .. .. ,, .. .. ,, ! Otarau .. .. j 596 153f Dreadon, H. (Estate of)! .. Ruawai .. 8 0 0 ,, | Dreadon .. .. 410 119+ McNicol family .. .. Te Aroha .. 14 10 0 | ,, W&irakau .. 2,004 29,309 Trubshaw, A. H. (Estate of)J .. Te Awamutu 46 0 0 ] Rockburn .. j 76 14f Brown, E. J.* .. .. Okoroire .. .. ] ,, Te Poi .. .. | 177 4,251 Morgan, R. C.* .. .. Matamata .. 15 0 0 ,, Morgan .. .. 415 12f Hannon, Mrs. I. (Estate of)* .. Cambridge .. .. ,, Hannan .. .. j 294 4,631 Reynolds, R. (Estate of)* .. „ .. .. ,, I Norwegians .. | 308 4,051 Troutbeck, H. E., and Gifford, Rotorua .. .. ,, j Galatea .. .. 22,325 94,665f T. H. R. Renner, E. R.* .. .. Gisborne .. | ,, ! Rere .. .. I 171 4,041 Bridge, W. W., and Bloomfield Te Karaka ..3 0 0 ,, i .. 39 117 Bros. (Estate of) j Jessep, Mrs. E. and Miss I. .. Wairoa, H.B. .. ,, A.wamate .. 670 174f Mclennan, J. .. .. Waipukurau 14 0 0 Rylands .. .. 1,244 5"|~ Bee Bros. .. .. .. Kote Maori. .. ,, Kakariki .. 17,944 4+ H.B. McCallum, J.* .. .. j Southland .. .. ,, i McCallum .. 285 1,000 Bryce, J. J.* • • Kimbolton .. ! 24 0 0 ,, Bryce .. ... 395 9,488 Hawkins, S... .. .. Hutt Valley .. ,, Hutt Valley .. 12-8 ps. 45 Beattie, Mr. and Mrs. J.* .. | Cambrians .. | .. ,, : Downs .. .. 4,792 2,1611 | j Totals .. 53.287 159,832 * Purchased under Part II, Land Laws Amendment Act, 1928. t Balance of purchase-money. t Purchased under section 3, Discharged Soldiers Settlement Amendment Act, 1917.

a—5. 2 Table A.—Number of Properties considered during Year ended 31st March, 1932. , . . at i Area of Estates ( <,„,1 i RTnmhm- Area of Estat es Land District. Number, i offered Land District. JNumber. offered. Acres. Acres. North Auckland .. 50 64,550 Nelson .. .. 5 5,827 Auckland .. .. 68 132,004 Westland .. .. 2 2,409 Gisborne .. .. 4 1,101 Canterbury .. .. 9 6,050 Hawke's Bay ., .. 14 36,624 Otago .. .. 5 3,230 Taranaki .. .. 9 10,789 Southland .. .. 8 5,950 Wellington .. .. 23 ! ; 89,908 Marlborough .. .. 4 j 2,685 Totals .. .. 201 | 361,127 Table B.—Summary of Estates acquired to the 31st March, 1932. — ~~f T i Land District. Number. Area. Purchase-money. Acres. £ Auckland (including North Auck- 122 427,763 1,733,499 land) Hawke's Bay (including Gisborne) 73 332,527 2,454,899 Taranaki .. .. •• 26 30,978 375,881 Wellington .. .. •• 155 160,828 2,350,297 Marlborough .. . . ■ • 22 224,090 755,482 Nelson .. .. .. 14 48,821 150,473 Westland .. .. •• 3 6,032 14,062 Canterbury .. .. 178 451,201 3,521,523 Otago .. •• 81 335,212 2,029,409 Southland 34 j 94,396 522,280 Totals .. .. .708 j 2,111,848 13,907,805 Table C.—Return of Land purchased and paid for during Period from 1st April, 1931, to 31st March, 1932. Name of Owner. Locality. j Pr | C c e re per Settlement. Area, j A "™ nt _ £ s. d. : Acres. £ O'Shea, M. J.* .. .. Wliangarei .. .. : By agreement Tauraroa.. .. ! 1,142 5,592 Eraser, D. J.* .. .. ,, .. .. ,, ! Otarau .. .. j 596 153f Dreadon, H. (Estate of)! .. Ruawai .. 8 0 0 ,, | Dreadon .. .. 410 119+ McNicol family .. .. Te Aroha .. 14 10 0 | ,, W&irakau .. 2,004 29,309 Trubshaw, A. H. (Estate of)J .. Te Awamutu 46 0 0 ] Rockburn .. j 76 14f Brown, E. J.* .. .. Okoroire .. .. ] ,, Te Poi .. .. | 177 4,251 Morgan, R. C.* .. .. Matamata .. 15 0 0 ,, Morgan .. .. 415 12f Hannon, Mrs. I. (Estate of)* .. Cambridge .. .. ,, Hannan .. .. j 294 4,631 Reynolds, R. (Estate of)* .. „ .. .. ,, I Norwegians .. | 308 4,051 Troutbeck, H. E., and Gifford, Rotorua .. .. ,, j Galatea .. .. 22,325 94,665f T. H. R. Renner, E. R.* .. .. Gisborne .. | ,, ! Rere .. .. I 171 4,041 Bridge, W. W., and Bloomfield Te Karaka ..3 0 0 ,, i .. 39 117 Bros. (Estate of) j Jessep, Mrs. E. and Miss I. .. Wairoa, H.B. .. ,, A.wamate .. 670 174f Mclennan, J. .. .. Waipukurau 14 0 0 Rylands .. .. 1,244 5"|~ Bee Bros. .. .. .. Kote Maori. .. ,, Kakariki .. 17,944 4+ H.B. McCallum, J.* .. .. j Southland .. .. ,, i McCallum .. 285 1,000 Bryce, J. J.* • • Kimbolton .. ! 24 0 0 ,, Bryce .. ... 395 9,488 Hawkins, S... .. .. Hutt Valley .. ,, Hutt Valley .. 12-8 ps. 45 Beattie, Mr. and Mrs. J.* .. | Cambrians .. | .. ,, : Downs .. .. 4,792 2,1611 | j Totals .. 53.287 159,832 * Purchased under Part II, Land Laws Amendment Act, 1928. t Balance of purchase-money. t Purchased under section 3, Discharged Soldiers Settlement Amendment Act, 1917.

LAND FOR SETTLEMENTS ACCOUNT. Revenue Account for the Year ended 31st March, 1932.

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/>. j General. Cheviot. i Total. j Or. j General. Cheviot. j Total. To Interest on- 432,341 10 5,632 437,973 13 0 j By Rents, & c. 509,582 0 *8 19-055 11 "4 528,637 12 0 Capital from proceeds of sale of Crown 73,616 12 5 .. 73,616 12 5 , Interest on sales, &c. .. .. .. 34,082 1b 4 32b 1 0 d4,4Uh 17 j an( j Interest oil capital expenditure— Value of Crown lands in estates .. 8,405 12 0 .. 8,405 12 0 _ J? National Endowment Trust Funds .. 1,924 17 7 .. 1,924 17 7 Te Wera .. •• 0,372 12 9 Cheviot Estate accumulated funds trans- 18,535 10 7 .. 18,535 10 7 Hutt alley Settlement 'J ® ferred Brinklands Estate .. 685 0 4 Deposits by lessees under section 208, 271 11 2 .. 271 11 2 Land development .. 190 15 1 3g8 g g 12>3gg g 2 AdmMsteaiionlxptnses .. .. 7,591 7 11 713 14 11 8,305 2 10 Interest on investments .. •; 22,160 1 6 •• 160 1 6 Administration expenses, Land Laws 3,330 10 1 .. 3,330 10 1 Interest on investments m Public Debt 48,695 19 7 120 6 b 48,816 6 1 Ampnrimpnt Apt 1Q2Q Redemption Fund Rebates —Rent and interest .. .. 23,371 11 8 1,401 4 6 24,772 16 2 Valuation fees, sections 7 and 14, Land 417 7 0 .. 417 7 0 Remissions of rent, &c. .. -- 18,751 11 5 74 0 7 18,825 12 0 Laws Amendment Act, 1929 Remissions and rent written off D.R.B. .. 2,153 2 0 .. 2,153 2 0 Miscellaneous .. •• • • •• £ s. d. Interest on Cheviot Estate fixed capital 8,380 7 I .. 8,d8U < & Reductions by D.R.B. .. 24,205 5 8 (see contra) Less written off to reserve 24,205 5 8 Irrecoverable rents, &c., transferred to 5,220 12 11 9 0 10 5,229 13 9 ■ Suspense Account j j Charges and expenses of raising loans .. 1,425 7 6 .. 1,425 7 6 j Management charges of New Zealand con- 720 17 7 .. j 720 17 7 = solidated stock Stamp duty on transfer of stock .. 7 15 11 .. 7 15 11 Land for settlements —Vote expenses — £ s. d. Audit fees .. .. 250 0 0 Compensation for injuries 1,030 I 11 Salaries .. .. 1,406 10 2 j Preliminary expenses .. 838 3 7 Travelling-expenses .. 159 15 4 Miscellaneous .. .. 2,087 15 2 5,772 6 2 .. 5,772 6 2 Depreciation of plant .. .. .. 196 1 6 .. 196 1 6 Miscellaneous expenses incidental to estates 250 11 10 . . 250 11 10 Interest on Cheviot Estate fixed capital (see .. 8,380 7 2 8,380 7 2 contra) \ Balance carried down .. .. .. ! 32,149 17 9 3,291 8 3 j 35,441 6 0 : £636,037 8 5 £19,501 18 10 | £655,539 7 3 £636,037 8 5 18 10 £655,539 7 3 £ s. d. £ s. d. ! £ s. d. £ s - d- £ s. d. £ s. d. m t> i • d.79 8 1 479 s 5 T'n Ralance brought down • • • • 32,149 17 9 3.291 8 3 35,441 6 0 To Balance previous year .. .. .. 472 8 5 .. 8 o ±o .Balance Diougnu uuwu , Adjustment previous year of rents overstated 785 17 1 .. 785 17 1 Adjustment previous year, Cheviot Estate 18,631 18 9 .. 18,63118 9 Adjustment previous year, Cheviot Estate .. 18,631 18 9 18,631 18 9 Reserve™'™ 0 •• 15,340 10 6 15,340 10 6 (see contra) Reserve .. .. - - -. 49,523 11 0 .. | 49,523 11 0 j £50,781 16 6 £18,631 18 9 j £69,413 15 3 | £50,781 16 6 £18,631 18 9 ! £69,413 15 3

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LAND FOR SETTLEMENTS ACCOUNT—continued. Balance-sheet as at 31st March, 1932.

Liabilities. || Assets. General. Cheviot. ' Total " ! General. Cheviot. N8 mm?Tr!rat° W ~ TotaL Loan capital £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Land Account — £ s. d. £ s. d. £ s. d. £ s. d. 3 percent. .. 69,165 0 0 ! Estates leased .. .. 10,500.171 17 5 384,506 9 1 3J per cent. .. 1,382,947 5 11 .. 1 160,918 0 0 Estates unlet .. .. 252,227 3 8 325 0 0 3| per cent. .. 545,425 0 0 ! 4 percent. .. 6,416,275 3 11 ! 10,752,399 1 1 384,831 9 1 .. 11,137,230 10 2 4£ per cent. .. 1,004,664 12 3 — r £4 19s. 5*88d. per 33,446 6 11 : Provisional State Forest .. .. 3,158 6 6 .. .. 3,158 6 6 een t* i Land Laws Amendment Act, 1929— 5 percent. .. 1,058,380 0 0 ; Leased .. .. .. 25,575 0 0 5J per cent. .. 1,500 0 0 XJnlet .. .. .. 7,705 0 0 5J per cent. .. 216,300 0 0 j 5i per cent. .. 1,415,420 0 0: 33,280 0 0 .. .. 33,280 0 0 — 12,143,523 9 0 ! __ Less reduction, Finance Act, 1,138,600 0 0 Unpaid purchase-price not yet pay(No. 2), 1927 F " . Buildings .. .. .. 140,406 3 9 35 6 8 11,004,923 9 0; Improvements .. .. 1,201 17 2 Crown lands included in estates 211,940 0 0: Sales of settlement land .. 556,494 18 2 5,841 10 0 Sales of Crown land .. .. 2,191,940 11 11 Sales of Crown land .. .. 336,107 3 9 .. 68,287 11 4 13,408,804 0 11 : 1,034,210 2 10 5,876 16 8 68,287 11 4 1,108,374 10 10 Less amount expended in open- 647,528 1 5 j ing up Crown lands ! \ Hutt Valley estates— ; 12,761,275 19 6 j 160,918 0 0 .. 12,922,193 19 6 Purchases .. .. .. 164,760 11 9 1 Roading and incidental expendi- 222,529 7 10 ture Accumulated funds— I : Interest .. .. .. 55,617 3 2 Cheviot Estate.. .. .. .. j 462,701 2 1 .. 462,701 2 1 National Endowment Trust .. .. .. 115,837 16 11 115,837 16 11 442,907 2 9 Deposits by lessees under section 208, 8,328 3 3 .. .. 8,328 3 3 Less receipts under section 11 271,370 19 3 Land Act, 1924 ( 2a ), Hutt Valley Land Settle- ! ! ment Act, 1925 — Sundry creditors— 171,536 3 6 .. .. j 171,536 3 b Interest on capital from proceeds of 8,616 12 5 Crown land Farm accounts — Interest on loans accrued but not 93,783 6 5 i 1,373 6 3 Mataikona .. .. .. 99 3 1 due TeWera .. .. .. 112,811 10 2 Interest on National Endowment 1,174 17 7 j Brinklands .. .. .. 18,450 15 2 Trust Funds ! Departmental .. .. .. 8,425 16 0 j 131,361 8 5 .. i .. 131,361 8 5 Miscellaneous .. .. .. 5,966 6 9 | Turakina Domain .. .. 317 3 1 | Plant and machinery .. .. 3,885 0 0 .. •• 3,885 0 0 Advances under Deteriorated Land 12,161 14 6 .. .. 12,161 14 6 118,284 2 3 1,373 6 3 .. 119,657 8 6 Act „ Debtors' interest on advances under 77572 .. .. 77572 Interest on loans due and unpaid .. 10,808 6 1 .. .. 10,808 6 1 Deteriorated Land Act Land Laws Amendment Act, 1929, Land Laws Amendment Act, 1929— section 8 j Advances to settlers .. .. 67,227 0 2 .. .. I 67,227 0 2 Crown lands .. .. .. 19,895 2 2 ! Debtors for interest on advances 2,223 7 3 .. .. 2,223 7 3 National Endowment Account .. 6,246 7 3 Primary Education Account .. 177 19 1 Advances for development of unNative Land Settlement Account 1,044 0 0 occupied Crown and settlement lands— Crown lands — 27,363 8 6 .. .. 27,363 8 6 Expenditure on improvements 126,232 6 4

Price (id.

By Authority : W. A. G. Skinnhr, Government Printer, Wellington.— 1932.

Approximate Cost of Paper.— Preparation, not given ; printing (515 copies), £9.

W. Robertson, Under-Secretary for Lands. W. E. Shaw, Accountant. I hereby certify that the Revenue Account and Balance-sheet have been duly examined and compared with the relative books and documents submitted for audit, and correctly state the position as disclosed thereby, subject to the following exception : No interest has been allowed to the Cheviot Estate in respect of the assets of the Cheviot Estate Account which have been transferred to the Land for Settlements Account, and, moreover, the Cheviot Estate has been charged interest on the value of such assets other than cash. As a result the accounts do not disclose the true amount of revenue earned by the Cheviot Estate and the Land for Settlements Account respectively. The following comments are appended: (1) Loan liability includes £217,740, which is also included in the amount of £647,528 Is. sd. deducted as expenses in opening up Crown Lands. This liability was raised under the New Zealand State-guaranteed Advances Act, 1909, and does not appear to relate to this account, and consequently should not be reflected therein. (2) The Te Wera Farm Account has not been credited with the exchange premium earned on the proceeds of farm produce sold in London. —6. F. C. Campbell, Controller and Auditor-General.

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Discharged Soldiers Settlement Ae- j 2,100 4 0 .. 2,100 4 0 Expenditure on equipment 8,953 6 7 count Advances i Expenditure on stock .. 10,223 4 4 Payments in advance—Rents, &c. .. : 11,789 10 0 j 5 1 9 140 7 7 11,934 19 4 Settlement landRents, &c., Adjustment Account .. 130,205 16 2 6,372 12 8 .. 136,578 8 10 Expenditure on improvements 36,348 7 6 Depreciation Reserve—Plant, &c. .. 1,960 15 0 | .. 1,960 15 0 Expenditure on equipment .. 1,277 0 8 Suspense Account—Deteriorated Land . 1,336 13 5 j .. .. 1,336 13 5 Expenditure on stock .. 8,681 11 3 Suspense Account—Buildings .. 295 11 4 .. .. 295 11 4 191,715 16 8 .. .. 191,715 16 8 Reserve for capitalized interest oil 6,903 11 8 .. .. 6,903 11 8 development scheme Interest on capital expenditure 6,903 11 8 .. .. 6,903 11 8 Reserve Account, including unex- 1,103,898 15 2 1,229 3 6 .. 1,105,127 18 8 Sundry debtors — pended loading for roads Rents, &c. .. .. .. 317,205 0 6 5,598 18 6 Writings-off, Suspense .. .. 5,758 12 6 .. .. 5,758 12 6 Principal instalments—Buildings 7,836 17 3 Cheviot Estate Account, as per contra 230,704 10 11 .. .. 230,704 10 11 Interest on sales of Crown lands .. 322 10 1 Interest on sales of settlement land 18,774 9 9 171 5 7 Principal instalments — Sales of Crown lands .. 9,299 2 5 .. 1,255 19 3 Sales of settlement lands .. 19,244 12 1 33 10 6 Land Laws Amendment Act, 1929, section 8 — .. £ s. d. Rents .. 164 18 3 Sales .. 4,321 2 8 Interest .. 8 9 9 Principal instalments .. 7 2 8 4,501 13 4 Insurances, &c. .. • • 110 19 3 Departmental .. •• 9,466 11 7 Miscellaneous .. •• 1,610 8 2 .. 266 15 0 388,372 4 5 5,803 14 7 1,522 14 3 395,698 13 3 Postponement of rents, &c. .. 124,692 16 11 2,181 5 3 .. 126,874 2 2 Interest accrued but not due— On investments .. .. 972 11 9 .. .. 972 11 9 On deferred-payment licenses .. 7,401 1 0 73 0 5 .. 7,474 1 5 Outstanding losses, Suspense Account 5,758 12 6 .. .. 5,758 12 6 Investment in Public Debt Redemp- 1,248,095 9 10 .. .. 1,248,095 9 10 tion Fund Consolidated Fund —Proportion of 90,019 12 11 3,128 9 4 .. 93,148 2 3 interest on Loan Account Land for settlement —General as .. 230,704 10 11 .. 230,704 10 11 per contra £ s. d. Cash .. .. 133,127 9 4 Imprests outstanding 0 0 3 in the Dominion Investment Account 57,905 0 0 —Securities held 144,864 10 8 .. 46,167 18 11 191,032 9 7 l£14,421,013 19 9 |£632,599 6 3 (£115,978 4 6 £15,169,591 10 6 £14,421,013 19 9 |£632,599 6 3 £115,978 4 6 £15,169,591 10 6