(
whole outlay, including
to $10,400. The lot is not in an
the above sums, amounts
eligible position,
& you
and not at all for trade, and I trust
will recommend a very considerable reduction
be made in the yearly
when
you
rent, the
consider the sum
mon particularly expended in
levelling and planting the ground for exceeds what has been laid out on similarly situated
lots, though hold at a comparative low rent
Jam, &c,
Signed) Crawford. Horr
by his Attorney
Wal: Davidson.
Free fifty
Colonial
Century
339
Memorandum on the tenure of Land.
The
arrangement of the Committee being that the views of each member shall be given separately upon this question, I venture to submit an expression of my opinion that the present system
could not now be advantageously altered or amended;
an opinion formed after considering to the best of my ability
all the circumstances
which have been advanced on.
While admitting,
in several cases in which
the existence of excessive
rent is paid, it
must be borne in mind that there-
are many
the reverts, - much under the present
marketable value of the land; and
nothing has transpired
to shake
my belief that the
average or aggregate amount of these land-rents is otherwise than fair and equitable, considering the absence of all
"all taxation except
e pting for police rates,