THE LAND QUESTION
The essential consideration behind every form of settlement must be preservation of the State’s interest in values. Under the renewable lease this was secured, and will be maintained by the suggested conditions of conversion. We could view with entire complacency a considerable reduction of the “half value” in regard to leases-in-perpetuity if the State’s claim to future increment on them was protected in the same unanner as proposed for the other forms of lease. If all the landi alienated from the Crown in past years by New 'Zealand Governments had been treated in this way, then, even if the sale iprice had been much less than it was, the people to-day would be enjoying a revenue which has gone to enrich private individuals.—“ New Zealand Times."
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Gisborne Times, Volume XXVII, Issue 2666, 23 November 1909, Page 7
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129THE LAND QUESTION Gisborne Times, Volume XXVII, Issue 2666, 23 November 1909, Page 7
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