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<p>degree of competition which which gives considerable<lb/> | |||
<del>will</del> value will take place in this instance?<lb/> | |||
The degree of competition will depend on<lb/> | |||
the proportion of people to land. Now the<lb/> | |||
proportion of people to land in this colony<lb/> | |||
will be wholly governed by the <hi rend="underline">Price</hi><lb/> | |||
which may be required by the State for<lb/> | |||
all new land. Upon this point<lb/> | |||
the whole Question turns. If the price of new<lb/> | |||
land be such as to make the proportion<lb/> | |||
of people to land as 1 to 100 acres<lb/> | |||
land generally will be of little value —<lb/> | |||
if, on the contrary, a 5 times higher<lb/> | |||
price render the proportion of people to<lb/> | |||
land as 1 to 20 acres, land generally<lb/> | |||
will bear a considerable value. It is<lb/> | |||
on this account that I assert — what<lb/> | |||
to those who have not reflected on the<lb/> | |||
subject would look like a paradox —<lb/> | |||
viz that <del>if the Company</del> the profits of<lb/> | |||
the</p> | |||
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{{Metadata:{{PAGENAME}}}} | {{Metadata:{{PAGENAME}}}}{{Completed}} | ||
degree of competition which which gives considerable
will value will take place in this instance?
The degree of competition will depend on
the proportion of people to land. Now the
proportion of people to land in this colony
will be wholly governed by the Price
which may be required by the State for
all new land. Upon this point
the whole Question turns. If the price of new
land be such as to make the proportion
of people to land as 1 to 100 acres
land generally will be of little value —
if, on the contrary, a 5 times higher
price render the proportion of people to
land as 1 to 20 acres, land generally
will bear a considerable value. It is
on this account that I assert — what
to those who have not reflected on the
subject would look like a paradox —
viz that if the Company the profits of
the
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Identifier: | JB/008/193/001"JB/" can not be assigned to a declared number type with value 8. |
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008 |
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193 |
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001 |
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collectanea |
1 |
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recto |
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e. gibbon wakefield |
w & f fincher 1831 |
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john adams smith |
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1831 |
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3297 |
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