Five Years' Residence in New Zealand; Or, Observations On Colonization
Five Years' Residence in New Zealand; Or, Observations On Colonization
Francis Fuller
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The best price that can be obtained, of course, is desired, in order to obtain a fund to introduce labour and continue the public works. Land near the centre of a population may be v«y valuable, while that at a distance obtains a low valuation. The general objection statesmen urge to a low upset price is that the capitalist surely forestalls the small holder, who really tills the soil : in confirma- tion of which view it is related that, in the backwoods of America, wherever new States are star...ted, the land adjoining the hues of made roads is rapidly bought up, and before many years the yeoman may require to travel above a hundred miles to obtain land with a road frontage at the upset price ; and the same readiness to forestall is observed in Australia, whenever money be- comes abundant. All the provinces, moreover, owing to their natural formation, presenting diflferent obstacles to communication, have not the same facilities for culti- vation at a profit, and in some of them the land adjoin- ing their centres of population having been purchased, this, joined to various political causes, occasion their inhabitants to entertain diflferent views in fixing the price of their waste lands.
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