The Daily Times. THE OLDEST MANAWATU JOURNAL ESTABLISHED 1875. SATURDAY, NOV. 15, 1884.

Manawatu Times, Volume X, Issue 1347, 15 November 1884, Page 2

The Daily Times. THE OLDEST MANAWATU JOURNAL ESTABLISHED 1875. SATURDAY, NOV. 15, 1884.

Iy a recent issue we mentioned that Messrs Palmerson and ' Sootfc, who are now engaged in surveying the land pf Wellington^ Manawatu Bail* way Company, expect to have 40,000 acres mapped out ready for sale by the end of December. In all probability the Directors will lose no time in placing this in the market,and the manner of doing so is well worthy^ of careful considerasion. About two months after the date mentioned . would be a favorable time, and would allow the necessary publicity to be given. We trust also that the Din rectors will not lose sight of the advantages to be gained by holding their first land sale in Palmerston. Intending buyers, will, in any case, be compelled to -visit this locality, and if the selling ii entrusted to some local auctioneer he will be, in a far better position to give requisite information th?n any outsider could be expected to be. There are many other reasons why it would be desirable to hold the first tale in Palmereton, which will doubtless present theinselves tothe mjndg of tfee Directprs, Nofc the least pf these is the fact that it is the interest of the Company to direct all possible attenx ■4 ion of intending settlers to this and the surrounding district, as the progress of this portion means adding to the productiveness of the railway so soon as it is opened through, Palmerston is also the point from which settlement must radiate for some time to come, and is the terminus not oaly of the Company's line, but of lines which will act as feeders to it. Of course the Companv it a private one, and the Direc* tors ere at full liberty to use their own discretion in all matters affeefc. ing |ts interests, but we submit tftat the frest interests of the share* holders will be served by holding the sale in the locality of the property to be disposed of, and in a town which is easily accessible to bnyers from any direction,