CO129-285 - Acting Governor Major Gen Black - 1898 [9-10] — Page 340

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17

333

will drop. If the land is

wanted it will sell at ru-

ling rates, if it is not want

ed it will not sell at

price.

10

any.

(C) Producing a great de- cline in the demand for

"Crown lands and consequent

falling off in value !

of le

"I opine that the price 4 dependent

land is de

on

the

demand and not the de-

mand on

the price. (d) Increasing the strin "geney

money.

market

geney in the "by rendering many proper- ties non-negotiable

ties

for loans,

any

as securi

lease

"having less than 60 years to

#

کر کو

run being regarded as in-

- sufficient (sic) by trustees _.

and corporation!

If the suggested condi.

tions of renewal of leases -

mentioned earlier in this

despatch

are made terms of leases to be granted hereafter, this objection vanishes even

if