DEPARTMENT OF LANDS AND SURVEY. DISCHARGED SOLDIERS SETTLEMENT. REPORT FOR THE YEAR ENDED 31st MARCH, 1936.

Appendix to the Journals of the House of Representatives, 1936 Session I, C-09

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1936. NEW ZEALAND.

DEPARTMENT OF LANDS AND SURVEY. DISCHARGED SOLDIERS SETTLEMENT. REPORT FOR THE YEAR ENDED 31st MARCH, 1936.

Presented to both Houses of the General Assembly pursuant to Section 14 of the Discharged Soldiers Settlement Act, 1915.

CONTENTS.

GEHERAL REPORT PAGE General Review .. .. .. .. .. .. 2 Lands proclaimed .. .. .. .. .. 2 Applications received and Lands allotted .. .. . . 2 Dominion Revaluation Board (Report of) ... . . 3 Appendix :— Reports of Commissioners of Crown Lands .. .. . . 4 Tables— Table 1. —Total Lands acquired by Discharged Soldiers . . . , 7 Table 2. —Statement of Mortgage Transactions . . . . 8 Discharged Soldiers Settlement Account — Transactions for Year .. .. .. .. . . 10 Balance-sheet .. .. .. .. .. . . ..12

Sib, — Department of Lands and Survey, Wellington, Ist August, 1936. In accordance with the provisions of the Discharged Soldiers Settlement Act, 1915, I have the honour to submit herewith the report of the operations under the Act for the year ended 31st March, 1936. I have, &c., W. Robertson, The Hon. Frank Langstone, Minister of Lands. Under-Secretary. I—C. 9.

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GENERAL REVIEW. Discharged Soldiers Settlement Account. Loans authorized during the year number 719, involving a total amount of £66,517, as follows :—•

Cash receipts for the year have risen by £144,987. The comparative figures of cash receipts on Capital and Revenue Accounts for the last five years are : — 1931-32. 1932-33. 1933-34. 1934-35. 1935-36. £ £ £ £ £ Capital .. .. 668,396 625,316 788,757 877,113 1,034,895 Revenue .. .. 527,436 488,048 525,578 560,104 547,309 1,195,832 1,113,364 1,314,335 1,437,217 1,582,204 Lands proclaimed. The lands set apart for selection by discharged soldiers during the year totalled 304 acres, making a grand total of 1,452,829 acres proclaimed since the inception of the scheme. This large area is made up as follows : — Class of Land. Area. Acres. Ordinary Crown lands .. .. .. .. .. 613,397 Land-for-settlements land .. . . . . . . 402,544 National-endowment land .. .. .. .. 433,532 Cheviot Estate land .. .. .. .. .. 3,356 1,452,829 Proclamations have been issued revoking the setting-apart of 238,359 acres of Crown and nationalendowment land and 105,046 acres of land-for-settlements land. Applications for Land. Applications for land under the Discharged Soldiers Settlement Act, 1915, to the number of twelve were received during the year. The following table gives the number of applications and the area allotted for each year from the inception of the soldier-settlement scheme :—

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New Loans. Additional Loans. Number. Amount. Number. Amount. £ £ Advances on current account .. .. .. 12 3,971 294 40,459 Advances on farms .. .. .. .. 3 2,475 22 2,384 Advances on dwellings .. .. .. .. 5 2,880 383 14,348 20 9,326 699 57,191

* Allotments made. Year ending Applications leceive . Number. Area (Acres). 31st March, 1916 .. .. .. ,. 272 2 629 1917 .. .. .. .. 522 319 143,524 1918 .. .. .. .. 513 313 103,362 1919 .. .. .. .. 1,379 348 117,018 1920 5,041 932 403,891 1921 .. .. .. .. 5,396 1,087 414,867 1922 .. .. .. .. 878 403 97,972 1923 .. .. .. .. 284 146 25,113 1924 .. .. .. .. 216 79 16,910 1925 .. .. .. .. 123 47 9,014 1926 .. .. .. .. 109 86 20,500 1927 .. .. .. .. 78 66 17,412 1928 .. .. .. .. 96 60 15,695 1929 .. .. .. .. 90 77 13,275 1930 .. .. .. .. 63 53 16,665 1931 .. .. .. .. 41 31 8,495 1932 .. .. .. .. 22 16 4,215 ,, 1933 .. .. .. 12 6 4,133 1934 .. 10 8 1,536 1935 .. .. .. 8 7 2,954 1936 .. .. .. .. 12 7 3,638 Totals for twenty-one years .. 15,165 4,093 1,440,818 i

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DOMINION REVALUATION BOARD. Summary of Operations as at 31st March, 1936. Total capital invested (comprising capital values of Crown leaseholds and advances under £ section 2of the Discharged Soldiers Settlement Amendment Act, 1917) .. .. 17,244,237 Capital value dealt with by the Dominion Revaluation Board .. .. .. 12,528,835 Reduction in capital by the Dominion Revaluation Board— £ Reduction in capital value of leaseholds .. .. .. 2,022,357 Reduction in Crown mortgages (under section 2) .. .. 874,666 2,897,023 Remission of Instalment Interest and Rent. £ Granted by Dominion Revaluation Board in respect of arrears as at 30th June, 1923 . . 195,057 Granted by Land Boards on recommendation of the Dominion Revaluation Board with respect to payments accruing subsequent to 30th June, 1923 .. .. .. 279,474 Total remissions .. .. .. .. .. .. £474,531 Mortgages, instalments, rents, &c., automatically written oS due to reduction being £ retrospective to Ist July, 1921, or date of the title, &c. .. .. .. .. 440,340 Postponements of Arrears as at 30th June, 1923, granted by the Dominion Revaluation Board. £ Rent, principal, and instalment interest for periods up to ten years .. .. .. 316,475 Instalments to end of mortgage term .. .. .. .. .. .. 127,411 £443,886 Postponements of payments accruing subsequent to the 30th June, 1923, granted by Land £ Boards on the recommendation of the Dominion Revaluation Board .. .. 149,138 Investigation of Current Accounts under the Discharged Soldiers Settlement Amendment Act, 1924. £ Total capital invested . . .. . . .. . . .. .. .. 3,222,649 Reduction of capital .. .. .. .. .. .. .. .. 202,515 Transferred to Suspense Account .. .. .. .. .. .. 23,957 Adjustments in Buildings under Land for Settlements Act. £ Original value .. .. .. .. .. .. .. .. 131,561 Amount of reduction .. .. .. .. .. .. .. .. 19,579

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APPENDIX.

EXTRACTS FROM REPORTS OF COMMISSIONERS OF CROWN LANDS. NORTH AUCKLAND. (W. D. Armit, Commissioner of Crown Lands.) A substantial improvement over the previous twelve months must be recorded for the past year. This improvement has been gradual and has been maintained over the past four seasons, showing that soldier settlers have done their share in combating the slump conditions. The improved meat and wool returns enabled numbers of grazier settlers to meet their full commitments. Dairy-farm accounts showed a decided improvement, especially south of Auckland, where drought conditions in the previous twelve months caused severe loss. This year a normal season was experienced in this locality. In North Auckland the severe flooding and continuous rains caused loss and inconvenience. Hay crops were difficult to save, and ensilage has been stacked to a larger extent. The Department has assisted with revenue refunds for purchase of fertilizer in a great number of cases, and in others close budgetary co-operation has enabled farms to be maintained, and charges partially met after providing reasonable living expenses. Pig-husbandry has again proved of great assistance in income earning, although in some districts, such as the Ruawai Flats, the cold winter, wet spring, and pugged soil conditions caused heavy mortality among pigs. It may be said that soldier settlers have co-operated with the Department as usual, and done their best to meet commitments this season with a greater measure of success than has been possible for several years past. During the year certain rural properties have been abandoned to the Department through inability of soldier settlers on account of failing health to carry on with farming operations. This aspect of soldier settlement requires close and sympathetic consideration. City dwelling accounts have also improved to a certain extent. No difficulty is experienced in letting house property which is in reasonable order and reverted to the Department through default or abandonment by the mortgagor. Repairs and renovations have been carried out to a large extent during the year. Fewer houses are now reverting to the Department, and a number of sales have been effected during the past twelve months of properties which have been previously " bought in." AUCKLAND. (K. M. Graham, Commissioner of Crown Lands.) Soldier settlers throughout the district have experienced a much better period this year than for several seasons past. Improved returns were the rule, the cause being the very favourable season as far as weather was concerned and the increased price for farm products. In particular dairy-farmers improved their position, as the payouts over last season showed an increase of about 2d. per pound for butterfat. Sheep-farmers also realized good prices for their lambs and wool. The soldier settlers as a whole are still making an honest endeavour to meet their responsibilities to the Crown, and, speaking generally, they are succeeding. In a few instances, however, it has been found necessary for the Board to afford some measure of relief. As far as house properties are concerned it is still being found necessary to capitalize arrears in some cases and to effect mortgage adjustments. HAWKE'S BAY. (F. R. Buenlby, Commissioner of Crown Lands.) Soldier settlers generally have had a better season with the improvement in market prices. Orcharclists through inclement weather have again had a poor season. The majority of those settlers in arrears have made a good effort to pay, and, by suspension of principal and capitalization, in many cases the weight of arrears has been lifted. Hunter Soldiers' Assistance Trust Board. —The Board held three meetings during the year and dealt with 115 cases, the majority being applications for assistance for orphans. Grants amounting to £1,015 were made to 207 children. Loans approved amount to £1,070, eight persons being assisted. The activities of the Board are becoming more widely known, and applications for assistance of orphans are being received from many parts of the Dominion.

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TARANAKI. (F. H. Waters, Commissioner of Crown Lands.) The position of soldier settlers generally shows some improvement 011 last year, owing to the increase in the prices of primary products. The improvement is more pronounced in the case of the sheepfarmer, owing to a rise of over 40 per cent, in the price of wool and the increase in the prices of fat lamb, mutton, and beef. The dairy-farmer, however, will find the welcome increase in butterfat, though small, of great benefit, although the price is still too low to enable the average farmer to pay his way. The man above the average, of whom there are not many, will have no difficulty. This is due to the fact that he tests and culls and only keeps cows of a high butterfat-production, runs pigs on scientific lines, manures well, keeps poultry, grows his own potatoes, grows root crops, saves grass for hay and ensilage, and neglects no side-line which will help to enhance his income. The majority of mortgagors in this district are dairy-farmers, and of these the Department absolutely controls fortyeight, all income coming in and all payments being made by the Department. These men are on a fixed monthly allowance, and the Department is able to control expenditure to keep it within reasonable limits as determined by the proceeds. In all cases adequate supplies of manures are provided. Practically all these settlers are steadily improving their farms and increasing production. Considerable expenditure has been incurred during the year in rebuilding, enlarging and repairing houses, and erection of cow-sheds and outhouses. The Department continued to farm seven abandoned properties, and one of these was disposed of during the year. Another will be offered very shortly, and it is hoped to dispose of the others during the coming year. With the exception of one very rough backblock property, the farms are showing a profit after charging interest on capital. The position of house properties shows a slight improvement, the outstandings at the end of the year being about £500 less than the previous year. Many advances have been made towards repairs, painting, reconditioning, and enlarging houses. WELLINGTON. (H. W. C. Mackintosh, Commissioner of Crown Lands.) The remarks made concerning the settlement of Crown and settlement lands apply also to the areas occupied by discharged soldiers. Most of these men follow dairying for a living, and they will come out about the same as last year. The wet spring and summer have resulted in a great growth of grass, and every settler should have plenty of hay or ensilage saved for winter feeding. Those settlers who are following sheep-farming have had a better year, as prices for both stock and wool have been considerably higher. In some districts, notably Wangaimi arid lower Wairarapa, floods have been experienced. In the Wairarapa no less than eight floods occurred, and while serious damage was done only in a very few cases, settlers received a check until the silt was cleared off their grass by subsequent rains. The Land Board has reviewed the cases of settlers who are in arrear with their payments, and recommendations have been made, which, it is hoped, will be of assistance in enabling these farmers to become established. The clauses in the Land Act providing for revaluation of farming lands, which have been suspended for some time, have now been revived, and at the present time many applications, either for revaluation or adjustment of mortgage liabilities, have been received and are now receiving attention. NELSON. (A. F. Waters, Commissioner of Crown Lands.) The majority of soldier settlers in the district are dependent on dairying or sheep-farming for a livelihood and few of them through the slump period have been able to meet their commitments in full. All cases of arrears have been recently reviewed by the Land Board and, where circumstances warranted, concessions have been made by way of remission, postponement, or capitalization of arrears. With the prospect of better prices for the future it was considered advisable to dispose of outstanding arrears and so enable the soldier settlers to face the coming years unencumbered by a burden of debt accumulated during the slump period. MARLBOROUGH. (P. E. Wilkinson, Commissioner of Crown Lands.) The great majority of our soldier settlers are engaged in farming pursuits on small holdings. Periodical reviews by the Office and Land Board, and practical help by way of remissions and postponements, have made matters easier for them. Generally speaking, they are a good type of settler, but it is noticed that as time goes on war disabilities are recurring and surely taking toll ; this is, no doubt, inevitable, but it is with deep regret that one has to record the fact. WESTLAND. (G. I. Martin, Commissioner of Crown Lands.) The past season has been a much more encouraging one for all classes of soldier settlers. Climatic conditions have been favourable and the improved prices for all classes of produce are reflected in the revenue received, which shows an increase of 14 per cent, on the previous year's figures. During the year consideration was given to all arrears of rent and interest which had accumulated to the end of the previous season. In all cases where such action was warranted substantial concessions by way of remissions were extended. This assistance should give the soldier settlers fresh heart to carry on and, provided prices for produce do not decline again, the majority should be in a position to face the future with confidence.

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CANTERBURY. (J. F. Quinn, Commissioner of Crown Lands.) Taken as a whole the soldier settlers have experienced a imich better season than for some time past. Those engaged in sheep-farming obtained better prices for wool and lambs, and many have improved their flocks. A fair number of settlers, however, are still somewhat handicapped by holding insufficient area, and, where possible, opportunity is taken to increase their holdings. Unfortunately, a considerable proportion of returned men are suffering from the result of war service, which makes it difficult for them to fully carry out their programme of work, and their cases are being met sympathetically. Concessions in rent and interest have been made in a great many cases, thus encouraging them to carry on with an improved outlook for the future. OTAGO. (N. C. Kensington, Commissioner of Crown Lands.) Soldier settlers on areas set apart under the Discharged Soldiers Settlement Act have, in common with other settlers, had a satisfactory year. The soldier settler has now been established for a number of years ; he must be regarded as experienced, and should be able to stand up to the various phases of farming and the market fluctuations so often experienced. In several cases the Field Inspectors have devoted years of constant attention to the general method of farming being carried on and to the purchase and selling of stock. Some settlers do not appear to be making much headway, even under this constant supervision, and it would seem that the man is not suitable for the occupation followed, or that war disabilities are making themselves felt; and in these cases lam not hopeful of the future. lam pleased to say these remarks refer to only a small proportion of the soldier settlers, as the majority are carrying on in a very satisfactory manner and given fair prices should cause little concern in the future. SOUTHLAND. (T. Cagney, Commissioner of Crown Lands.) The position of soldier settlers engaged in sheep-farming, or mainly so, may now be generally regarded as on a sound footing, taking into account remissions of rent and interest granted during the period. Those, however, engaged mainly in butterfat production are still handicapped by low prices for butterfat, and on this account probably further concessions will ultimately have to be considered.

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TABLE 1. Total Lands acquired from the Crown by Discharged Soldiers and held at the 31st March, 1936.

Under other Acts. (This includes lands selected at ordinary ballots, leases and licenses purchased at auction, and holdings acquired by transfer or otherwise.)

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Sale (including Deferred Payment), Lease and License. Grand Totals. Number of Land District. .jgy, Hidings. ' ' — "■ —1- « "" Licensees. Under the Discharged Soldiers Settlement Act, 1915, and Amendments. Acres. £ Acres. £ Acres. North Auckland .. 11 10 2,154 2,765 278 278 47,979 9,228 289 288 50,133 Auckland .. .. 48 48 1,420 16,690 541 534 87.933 25,360 589 582 89'353 Gisborne .. .. 3 3 193 4,725 108 107 52,388 12,630 111 110 52,581 Hawke'sBay .. .. .. .. .. 209 223 83,576 28,111 209 223 83,576 Taranaki .... 1 1 2 310 87 86 21,283 5,814 88 , 87 21,285 Wellington .. 16 16 417 5,873 723 700 165,873 75,302 739 716 166,290 Nelson .. .. 3 3 1,216 1,292 21 21 13.119 1,515 24 24 14 335 Marlborough .. .. .. .. .. 50 51 16,404 3,804 50 51 16,404 Westland .. .. 1 1 148 150 17 17 19,645 193 18 18 19,793 Canterbury .. 26 26 319 8,953 363. 354 217,028 38,872 389 380 217'347 Otago .. .. 4 4 1,935 5,470 100 96 181,610 11,451 104 100 183,545 Southland .. 6 6 1,026 6,105 70 79 11,225 3,834 76 85 12,251 Totals .. 119 118 8,830 52,333 f 2,567 2,546 918,063 216,114 2,686 2,664 926,893

North Auckland .. 12 12 1,173 1,325. 107 104 24,103 3,506 119 116 25,276 Auckland .. 54 52 22,816 20,604) 341 311 145,749 7,361 395 363 168,'565 Gisborne .. .. .. .. .. .. 46 43 41,174 4,298 46 43 41^174 Hawke'sBay .. .. .. .. .. 73 84 33,772 7,682 73 84 33,772 Taranaki .. .. 7 6 1,776 7,479 135 132 57,923 3,797 142 138 59,699 Wellington .. 3 3 221 1,081 162 157 57,187 34,680 165 160 57 408 Nelson .. .. 3 3 1,099 586 95 87 49,081 1,072 98 90 50,180 Marlborough .. .. .. .. .. 108 95 233,004 6,073 108 95 233,004 Westland .. .. 1 1 200 168 63 59 16,158 341 64 60 16,358 Canterbury .. 3 3 56 386 202 206 151,005 21,429 205 209 151 061 Otago .. .. 3 3 76 457 205 200 860,571 20,881 208 203 860,647 Southland .. 1 1 127 40 71 86 80,002 2,806 72 87 SO, 129 Totals .. 87 84 27,544 32,126 1,608 1,564 1,749,729 1.13,926 1,695 1,648 1,777,273 Grand totals .. 206 202 36,374 84,459 4,175 4,110 2,667,792 330,040 4,381 4,312 2,704,166

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TABLE 2. Statement of Mortgage Transactions, Financial Year ended 31st March, 1936.

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Principal. Interest. District. Balance at j f Balance on Mortgage Balance at Losses, -Rebates, | Balance at 31st March, 1935, Advances Repayments !; Ifn,! at 31st Marcli, 1936, 31st March, 1935, Charges i Receipts Remissions, j 31stMarch, 1936, including during Year. ! during Year. rj'If.™ including Post- Including Post- during Year, j during Year. and Transfers to ! including Postponements. j -accounts. ponements. ponements. | other Accounts. | Postponements. North. Auckland — £ s, d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. £ s. d. Current account .. .. 321,231 13 4 41,140 17 11 52,139 14 1 5,678 13 9 304,554 3 5 20,374 11 10 15,878 111 16,749 3 0 1,140 1 10 18,363 8 11 Farms, orchards, &c. .. .. 1,161,333 2 10 210 0 0 24,969 15 5 7,389 1 8 1,129,184 5 9 70,173 3 0 57,348 16 8 49,579 4 11 17,253 11 11 60,689 2 10 Dwellings, business premises, &c. .. 1,246,076 6 5 1,488 4 11 56,788 9 2 30,771 0 1 1,160,005 2 1 14,663 11 1 59,159 19 5 55,779 11 0 6,249 5 4 11,794 14 2 Total .. .. .. 2,728,641 2 7 42,839 2 10 133,897 18 8 43,838 15 6 2,593,743 11 3 105,181 5 11 132,386 18 0 122,107 18 11 24,612 19 1 90,847 5 11 Auckland — Current account .. .. 357,375 19 5 63,166 10 4 74,613 12 6 14,202 12 1 331,726 5 2 22,557 9 3 17,543 1 7 17,926 10 6 1,904 3 7 20,269 16 9 Farms, orchards, &c. .. .. 953,214 10 5 200 18 0 43,627 17 4 Dr. 2,090 17 4 911,878 8 5 40.833 12 3 46,541 4 6 42,193 14 3 5,293 16 0 39,887 6 6 Dwellings, business premises, &c. .. 296,731 2 2 422 0 5 17,131 3 3 2,676 6 6 277,345 12 10 3,868 19 4 14,661 18 0 13,882 13 3 1,626 7 1 3,021 17 0 Total .. .. .. 1,607,321 12 0 63,789 8 9 135,372 13 1 14,788 1 3 1,520,950 6 5 67,260 0 10 78,746 4 1 74,002 18 0 8,824 6 8 63,179 0 3 Gisborne — Current account .. .. 37,106 10 10 13,337 10 6 16,644 17 6 415 0 4 33,384 3 6 2,303 17 9 1,992 4 0 1,463 6 7 530 13 1 2,302 2 1 Farms, orchards, &c. .. .. 149,959 10 3 .. 3,190 13 1 68 16 1 146,700 1 1 7,496 13 2 7,927 19 11 6,192 4 11 4,119 10 7 5,112 17 7 Dwellings, business premises, &c. .. 110,947 18 11 254 4 1 5,030 17 5 20 13 0 106,150 12 7 2,441 18 9 5,485 17 7 4,985 13 10 478 11 11 2,463 10 7 Total .. .. .. 298,014 0 0 13,591 14 7 24,866 8 0 504 9 5 286,234 17 2 12,242 9 8 15,406 1 6 12,641 5 4 5,128 15 7 9,878 10 3 Napier — Current account .. .. 142,050 15 2 53,325 13 8 63,038 11 7 6,180 13 3 126,157 4 0 13,880 18 1 6,893 16 10 5,540 12 2 2,438 4 7 12,795 18 2 Farms, orchards, &e. .. .. 321,984 3 11 379 18 0 7,275 5 2 Dr. 792 9 2 315.881 5 11 21,065 5 7 16.131 9 2 10,864 4 2 6,847 12 11 19,484 17 8 Dwellings, business premises, &c. .. 265,671 3 1 1,092 19 0 15,504 2 6 3,230 17 5 248,029 2 2 4,012 10 6 12,986 12 7 12,326 1 3 1,930 19 6 2,742 2 4 Total .. .. .. 729,706 2 2 54,798 10 8 85,817 19 3 8,619 1 6 690,067 12 1 38,958 14 2 36,011 18 7 28,730 17 7 11,216 17 0 35,022 18 2 account .. .. 102,507 8 8 66,347 13 3 72,806 17 5 2,100 0 10 93,948 3 8 4.375 19 6 5,663 16 11 4,984 18 6 289 14 3 4,765 3 8 Farms, orchards, &c. .. .. 642,182 3 0 675 4 8 9,653 9 4 12,754 19 3 620,448 19 1 27,512 13 6 31,775 18 5 25,867 5 8 7,137 1 6 26,284 4 9 Dwellings, business premises, &c. .. 229,341 11 2 29 15 3 13,079 2 0 1,333 3 8 214,959 0 7 1,676 10 1 11,286 5 5 10,343 12 0 1,469 0 5 1,150 3 1 Total .. .. .. 974,031 2 10 67,052 13 2 95,539 8 9 16,188 3 11 929,356 3 4 33,565 3 1 48,726 0 9 41,195 16 2 8,895 16 2 32,199 11 6 Wellington — Current account .. .. 301,055 13 9 75,181 13 8 93,99.1 6 8 1,213 4 2 281,032 16 7 13,604 10 6 15,304 19 3 13,781 0 8 904 17 0 14,223 12 1 Farms, orchards, &c. .. .. 797,869 4 5 1,000 0 0 11,560 5 1 1,146 19 8 786,161 19 8 30,155 14 9 38,342 8 8 31,018 4 6 4,878 3 5 32,601 15 6 Dwellings, business premises, i&c. .. 987,014 7 1 3,680 1 9 61,383 15 3 5,391 11 5 923,919 2 2 8,481 2 6 48,625 6 1 44,805 7 4 5,525 13 4 6,775 7 11 Total .. .. .. 2,085,939 5 3 79,861 15 5 166,935 7 0 7,751 15 3 1,991,113 18 5 52,241 7 9 102,272 14 0 89,604 12 6 11,308 13 9 53,600 15 6 |

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Blenheim — Farms,''OTchards, &c. " ' 179' 493 VI I'Z \l 1 Ī" 5 8 3,520 18 8 1,117 3 4 646 5 9 307 0 8 3,684 15 7 Dwellings, business premises, &c. 8 6 28? 2 g 1 \ Z'MVt A g UlllVl S !J 4 *12 lg g 1 lg T ° tal 261 ' 125 0 11 8 ' 644 16 10 14 ' 370 13 2 Dr - 889 2 4 256,088 6 11 16,825 17 1 13,083 7 8 8,225 2 9 5,006 7 11 16,677 14 ~L 5 Nelson — S3', te . :: :: 2 tlf 6 Vl % 7 ' 196 6 7 l \>™ \ 2 582 ī 5 9 2 i 2,303 4,0 1,775 7 n 382 9 7 5,02317 5 Dwellings, business premises, &c. .. 39,874 2 3 s'45? 5 Q ~'fi30 9 ft «'70? 7 a HI 1? , 8 12 ' 992 0 3 10,167 3 9 3,421 3 9 16,581 12 5 ' J 3' 452 5 9 9 6 35,791 7 0 355 14 10 1,898 5 3 1,732 10 8 183 8 9 338 0 8 T ° tal " " " 352,426 4 11 7J96 6 7 20,050 13 5 3,304 3 3 336,267 14 10 22,412 4 7 17,193 10 4 13,675 2 4 3,987 2 1 21,943 10 6 Hokitika — — &c. :: " 7!loo i9 6 2,6 5O 0 0 3 1« It 9 , ll 2 i J ! ,5 1 1,873 0 7 861 2 11 564 18 2 59313 3 575 12 1 Dwellings, business premises, & c... 4 8 l° 8 g g g & g * I J| { 7 '*g J 1 ® 2 | «.» » » «-«g 4 T ° tal " " " 104 ' 552 ° 9 2 ' 924 9 5 5 > 416 9 6 3,938 9 0 98,120 11 8 9,495 4 5 5,115 17 0 3,253 10 1 3,860 7 0 7,497 4 4 Canterbury — SSte :: •• 831 346 13 9 97 '2ol 'I 12'876 'f 8 n I'fl }? 2 13 5 14 ' 91815 3 6 ' 190 8 9 4 ' 668 4 10 3,307 5 1 13.133 14 1 Dwellings, business premises, &c. '.'. 12 0 lt8 g ? j fcg? ll ig g "'I ffJ'Vo £ 7 ftS? 0 g ! 8 fflS M 5 T ° tal 1,668,091 9 1 100,241 7 6 151,653 10 11 Dr. 3,588 7 3 1,620,267 12 11 78,167 12 2 83,068 19 6 64,938 8 4 25,469 2 3 70,829 1 1 Otago — — — PW?orchards, &c. !! " 286*204 12 I n"' 1 *2 n ,77'sar W 6 5 ' 391 12 8 2 ' 347 8 11 i. 677 7 6 408 16 4 5,652 17 9 Dwellings, business premises, &c. 4 0 1,242 19 g 24 9 ;950 ? t VI ISffi « 2 d 9 \\S 8 4 ftg? f g *'g? ig 9 17 1 r ° taI " " " 570 ' 200 1 3 27,031 17 5 64 > 082 4 6 Df- 1,084 1 7 534,233 15 9 25,703 16 8 27,550 2 8 22,660 0 11 8,110 1 3 22,483 17 2 Southland — P™*or°c3Uc. :: '• 3I4H914 I 36 ' 2 gl 0 g 11'407 X 0 I n li% I 10 . ,^'f 517 1 8 > 5901411 4 '°1 9 7 8 M* 9 " 0 3,370 9 5 6,769 16 2 Dwellings, business premises, & c..: 131 8 g lg g lg lg "gg g 3 'till ll ? I 3 1 I 10 U "fcB VI T ° tal 510,122 16 0 36,490 9 9 57,099 15 10 Dr. 391 1 10 489,904 11 9 32,720 18 9 24,932 0 0 16,393 13 2 14,257 5 3 27,002 0 4 Name of Account. SUMMARY. Farms,'orcharf's, to. " " S'674 6 " g t īti'™ 3 2 « V; lUt'Z f 3 116 ' 270 19 1 80.114 16 11 72,247 12 7 15,577 8 8 108,560 14 9 Dwellings, business premises, &e. .. 4.301 1063 I 7 18 4 13 10 llfm lg g 15 5 W ' 2 lllfst 7 ! | g ĪI ! Tsfd " 9 GraDdt0talS •• •' i 1 ' 890 ' 170 17 9 504,462 12 11 955,303 2 1 92,981 6 "l 11,346,349 TT 494,774 15 1 14 1 497,429 6 1 130,677 14 0 45IJ 6,^7

C.—9.

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT. Receipts and Payments Account fob the Year ended 31st March, 1936. Receipts. Payments. To Balance as at Ist April, 1935 £ s. <1. £ s. d. By Annual appropriation— £ s. d. Cash .. .. .. 586,481 18 7 Vote, Expenses of manageImprests outstanding .. 7,666 0 5 ment — 594,147 19 0 Administration .. .. 38,850 0 0 Receipts in respect of ad- Advances to civilian mortvances, &c.— gagors, repairs to proRepayments of principal— perties, &c. — Current Account .. 561,779 5 1 Current Account advances 4,655 15 6 Farms, orchards, &c. .. 142,831 3 2 Dwelling advances .. 1,307 13 9 Dwellings .. .. 250,692 13 10 Miscellaneous advances .. 1,642 12 3 Buildings Account .. 621 9 6 Farms advances .. 324 18 0 Sale of live and dead Miscellaneous expenditure on stock, &c. .. .. 27 611 Crown properties .. 6,338 17 11 Miscellaneous advances 5,000 0 10 Capital expenditure on proReceipts on account of perties acquired by properties held by Crown — the Crown— Freehold .. .. 8,108 12 2 Freehold .. .. 10,721 4 8 Leasehold .. .. 139 6 6 Leasehold .. .. 2,095 19 9 Payment of instalments on Receipts from working of State Advances Corporaproperties acquired by tion mortgages .. 91 6 10 the Crown .. .. 16,719 4 7 Expenses of working proReceipts on account of perties acquired by Crown 14,133 3 2 properties in course of Rent: McGregor Block .. 476 18 8 realization .. .. 16,736 13 10 Travelling expenses .. 741 16 4 Sale of properties on de- Expenditure in connection ferred payment .. 136 11 1 with properties in course Recovery of bad debts 106 8 4 of realization .. .. 474 12 0 Merged transactions under Printing and stationery .. 156 6 8 Discharged Soldiers Audit fees .. .. 700 0 0 Settlement Amendment Act, 1923, sec- Advances under sections 6 and tion 20 (3) : Principal 9, Discharged Soldiers instalments.. .. • 359 10 4 Settlement Act, 1915 — Current Account .. 485,824 10 10 1,007,827 11 11 Farms, orchards, &c. .. 3,007 10 3 Interest and rents — Dwellings, &c. .. .. 9,342 4 7 Interest — Miscellaneous advances .. 5,248 19 3 Current Account .. 72,247 12 7 Expenditure in connection Dwellings .. .. 195,223 9 9 with properties in course Farms .. .. 229,958 3 9 of realization .. .. 5,755 5 9 Buildings .. .. 972 8 6 Interest on sales of Suspense Account: Amounts properties on de- allocated — ferred payment .. 87 14 7 Fire Loss Suspense .. 10,166 9 3 Section 20 (3): In- Suspense Account .. 10,151 7 4 terest instalments .. 1,970 5 1 Miscellaneous .. 110 6 11 Interest recouped to the ConRents .. .. 43,651 7 7 solidated Fund— Interest on debentures .. 150,385 1 0 544,221 8 9 Interest on advances obMiscellaneous receipts .. 1,282 16 10 tained by hypothecation 1,553,331 17 6 of securities .. .. 114,768 910 Suspense Account : Receipts Interest on transfer from awaiting allocation— Consolidated Fund .. 200,000 0 0 Fire Loss Suspense .. 8,280 17 4 Suspense Account .. 9,222 3 11 Repayment of advances obtained by hypothe17,503 1 3 cation of securities Interest on investments .. .. 10,215 3 6 Management charges of Consolidated stock .. Stamp duty on transfer of Consolidated stock Charges and expenses of raising loans Balance as at 31st March, 1936— £ s. d. Cash .. .. .. 144,273 15 5 Imprest outstanding .. 7,477 810 £2,175,198 1 3 £2

£ s. d.

78,141 19 9

509,178 10 8

20,317 16 7

465,153 10 10

950,000 0 0

78 5 2

120 1 1

456 12 11

151,751 4 3

,175,198 1 3

10

C.—9

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT—continued. Revenue Account fob the Year ended 31st March, 1936. Dr. Cr. To Interest and sundry charges re By Interest on advances — £ s. d. £ s. d. loans — £ s. d. £ s. d. Current Account .. .. 80,114 16 11 Hypothecation of securities.. 114,768 910 Farms, &c. .. .. 295,608 18 7 Interest on debentures .. 148,358 8 6 Dwellings .. .. 208,782 7 6 Interest on amount trans- Merged interests .. .. 1,824 15 7 ferred from Consolidated Buildings .. .. 969 19 2 Fund .. .. ..240,000 0 0 Sales .. .. .. 108 17 5 Interest on redemptions from Miscellaneous .. .. 206 12 7 Public Debt Repayment 587,616 7 9 Account .. .. 31,124 0 3 Rents from properties acquired by the Crown.. 52,553 6 6 Management charges of stock 78 5 2 Interest on surplus funds temporarily invested 10,214 4 3 Stamp duty on transfers .. 120 1 1 Surplus on disposal of properties .. .. 876 5 2 Charges and expenses of Transfer and production fees, &c. .. .. 362 12 10 raising loans, &c. .. 456 12 11 Miscellaneous .. .. .. .. 63 13 4 Cost of London conversion Profit on working farms acquired by the Crown 748 9 6 loan .. .. . . 9,988 2 0 Recovery of bad debts .. .. .. 287 12 11 — 544,893 19 9 Balance: Loss for year carried down .. 158,557 8 5 Expenses of management — Costs recouped to Vote, Lands and Survey .. .. 38,850 0 0 Rebates .. .. .. 26,577 19 5 Miscellaneous expenditure on Crown properties .. 6,371 15 10 Audit fees .. .. 700 0 0 Travelling-expenses .. 751 14 7 , Printing and stationery .. 157 14 8 Commission, miscellaneous .. 14 3 6 73,423 8 0 Remissions— Land Board recommendations .. .. .. 64,611 13 7 Under Mortgagors and Tenants Relief Act, 1933 .. 7,334 1 9 71,945 15 4 Reduction in value of securities — Losses on realization : Writ-ings-off in Suspense .. 93,804 18 2 Losses on properties acquired by the Crown .. .. 25,369 17 11 Reduction of mortgages, &c., by Dominion Revaluation Board .. .. .. 1,460 9 4 Depreciation in value of Native lease : McGregor Block .. .. .. 381 12 2 121,016 17 7 £811,280 0 8 £811,280 0 8 £ s. d. £ s. (1. To Balance : Loss for year brought down .. 158,557 8 5 By Adjustment previous year .. .. 0 16 7 Balance forward from previous year .. 913,611 14 7 Balance: Accumulated loss to 31st March, 1936 .. .. .. .. 1,072,168 6 5 £1,072,169 3 0 £1,072,169 3 0

11

C.—9

DISCHARGED SOLDIERS SETTLEMENT ACCOUNT—continued. Balance-sheet as at 31st March, 1936. Liabilities. Assets. Capita l — £ s. d. £ s . d. Advances on mortgages— £ s. d. £ s. d wT „ f Consoli- Current Account .. 1,476,501 5 3 dated iund at 4 per Farms, orchards, &c. .. 5,563,461 14 10 Tin +' j' 13 ' 500 ' 000 0 0 Dwellings .. .. 3,897,943 0 4 Reduction under section _ [ 1(| flln nanCe Act ' 1927 „ . . Land leas ed under sections 4 and sof Dis- ' * ' •' •• -650,000 0 0 charged Soldiers Settlement Amendment Act, 1921—22 .. .. .. t m 432 745 12 9 T 10,850,000 0 0 Buildings: Unpaid purchase price (not yet payFinance ira able) of buildings, &c., on Crown properties 19,686 4 8 nviv. /if a „ Sundry advances merged with value of Crown (Wo- 4 ' • • 4,850,000 0 0 lands (section 20, Discharged Soldiers Settle- - ment Amendment Act, 1923) .. .. 32,728 0 0 r, ... TJ , ' ® ? Deferred-payment sales under section 9, DisDepreciation Fund . 46,160 0 0 charged Soldiers Settlement Amendment Redemption from Public Act, 1921-22 .. .. .. .. 9 027 8 5 Debt Repayment Ac- Realization Account: Properties in course of count .. .. 778,116 19 8 realization .. .. 195 ggy to g Debentures issued (at 3 Properties acquired by the £ s. d. pel cent., £260,483 18s. Crown on realization .. 739,263 8 7 jmlktoa pel' cent., Less State Advances Corpora£4l6,l3o ; at 3 W per tion interests .. . . 911 16 6 cent., £136,500; at 4 «oo , cent -' ; Live-stock, &c. .. .. .. .. 14 046 17 6 at 5j per cent., £400) 3,775,393 18 8 Capital expenditure, Employment Promotion Hypothecation of securi- Eund 166 4 J ties, section 7 (2), Ei- Sundry debtors for principal nance Act, 1931 (No. 4), instalments— £ s. d at 3 per cent. .. 2,900,000 0 0 Earms Account .. .. 204 314 4 0 13,499,670 18 4 Dwellings .. .. 121 472 16 3 Employment Promotion Eund : Capital .. 166 4 4 Merged transactions .. 1 925 19 8 Sundry creditors for interest Buildings Account .. 2! 122 11 2 Interest due and unpaid £ s. d. Deferred-payment sales .. 914 5 011 debentures 376 3 2 „45 * r Interest due and unpaid Sundry debtors for interest— on ,. , tr f n j ?£ fl * om on " Current Account .. .. 102,410 1 8 solidated lund .. 915,884 18 7 Earms Account .. .. 241 310 14 9 Interest accrued on trans- Dwellings 30 649 8 3 for from Consolidated Merged transactions .. 2,'901 1 0 t ? Un< i '' • 19,726 0 7 Buildings Account .. 1,281 13 5 Interest accrued on de- Deferred-payment sales .. 29 6 6 bentures .. .. 38,662 1 3 Miscellaneous advances .. 121 2 6 interest on redemptions . _ from Public Debt Re- Sundry debtors for— payment Account .. 99,754 10 10 Rents of properties .. 44 071 9 7 Interest paid from Con- Miscellaneous advances .. 3'754 16 8 solidated Fund . . 108 12 6 Departmental .. .. 492 0 4 1,074,512 6 11 40 qio C * Sundry creditors — Miscel- Postponements- ' laneous services- Under Discharged Soldiers Miscellaneous .. .. 7,378 9 10 Settlement Acts, AcDepartmental .. .. 1,004 5 11 Instalments of principaltit- tt , 8,382 15 9 Farms .. ..74- 204 18 1 Miscellaneous credit balances on Dwellings s'o79 18 2 Advances—- aCCOUntS Buildings '151 5 4 Current Account .. .. 8,563 9 5 Interest— 77,436 1 7 Dwellings .. 815 2 Current Account .. 5,366 18 10 Principal instalments— Farmg _ _ .. 59 075 2 7 Farms, &c. .. .. 727 13 11 Dwellings .. .. l'B7o 12 3 w u ® S ' j '' '' 744 2 3 Buildings .. .. 36 2 6 Miscellaneous advances .. 904 17 0 Rent 3 0 48 9 2 Interest— ' _ Current Account .. . . 154 6 2 Under Mortgagors and TenFa™;?- 3,136 2 10 ants Relief Act, 1933lm g s ' • • • 891 16 5 Instalments of principalBuildings .. .. 84 5 4 Farms .. .. 5,213 411 Miscellaneous .. .. 019 9 Dwellings .. .. 158 0 8 Deferred payments .. 0 7 2 - _ Rents 604 15 5 Interest- ' 7 t, . . , . , 15,821 10 10 Farms .. .. 3 598 22 Rents charged m advance .. .. 5,699 18 8 Dwellings .. .. 109 3 3 Interest charged in advance .. .. 114 17 0 Current Account ... 783 14 3 Suspense Accounts— £ s. d. , i(¥l IO e Fire Loss Account .. .. 4,114 7 8 Rent .. Ik n n Receipts unallocated .. 2,315 16 2 Interest on advances accrued but not due .. 94 454 17 8 Surpluses on realization not yet Losses in Suspense .. .. w , allocated .. .. 1,914 8 10 Remissions in Suspense: Rural Mortgagors' w ■+• a • o 8,344 12 8 Final Adjustment Act, 1934-35 .. . . 1 415 4. fi Writmgs-off in Suspense 92,187 0 7 Cash balance— £ s d " fao under section 22, Finance In Public Account ..144,273 15 5 Act, 19..7 (No. 2), to write off accumulated Imprests outstanding .. 7 477 810 losses, as per contra .. .. .. 3,969,759 10 11 _J _ 151751 4 3 Revenue Account: Accumulated loss .. 1,072,168 6 5 Accumulated losses written off under section 22, Finance Act, 1927 (No. 2) .. .. 3,969,759 10 11 £18,674,659 16 6 £18,674,659 16 6 W. Robertson, Under-Secretary for Lands. Wm. E. Shaw, Chief 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, subiect to the comment that no charge for the cost of exchange on payments made in London is included in the account.J. H. owler, Deputy Controller and Auditor-General. Approximate Cost of Paper.—Preparation, not given ; printing (784 copies), £18.

Price 6d.\

By Authority : G. H. Loney, Government Printer, Wellington.—l 936.

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