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creating a due proportion between
people & land to be 1£ per acre.
The Company will pay only 10/s. per
acre. Consequ If so for every 1000
acres obtained by the Company £500
would be spent on the immigration of
young couples; whereas for all
grants after the first-year twice
as much as before would be spent
in immigration for every acre granted.
After the first year no land would
be obtainable for less than £1 per
acre — all land therefore would be
worth that sum at least. If the
Company's land were 200,000 acres,
& they had had paid but £100,000
for the grant, they might sell for
at least £200,000, giving a profit at
the least of £100,000.
On all these grounds it
appears
Identifier: | JB/008/196/001 "JB/" can not be assigned to a declared number type with value 8.
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008 |
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196 |
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001 |
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collectanea |
1 |
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recto |
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e. gibbon wakefield |
[[watermarks::[lion with crown motif]]] |
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3300 |
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