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creating a due proportion between people & land to be | <p>creating a due proportion between<lb/> | ||
< | people & land to be 1£ per acre.<lb/> | ||
The Company will pay only 10/<hi rend="superscript">s</hi>. per<lb/> | |||
acre. <del>Consequ</del> If so for every 1000<lb/> | |||
acres obtained by the Company £500<lb/> | |||
would be spent on the immigration of<lb/> | |||
young couples; whereas for all<lb/> | |||
grants <del><gap/></del> after the first-year twice<lb/> | |||
as much as before would be spent<lb/> | |||
in immigration for every acre granted.<lb/> | |||
After the first year no land would<lb/> | |||
be obtainable for less than £1 per<lb/> | |||
acre — <hi rend="underline">all</hi> land therefore would be<lb/> | |||
worth that sum <hi rend="underline">at least</hi>. If the<lb/> | |||
Company's land were 200,000 acres,<lb/> | |||
& they <del>had</del> had paid but <add>£</add>100,000<lb/> | |||
for the grant, they might sell for<lb/> | |||
at least £200,000, giving a profit <hi rend="underline">at<lb/> | |||
the least</hi> of £100,000.</p> | |||
<p>On all these grounds it<lb/> | |||
<add>appears</add></p> | |||
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{{Metadata:{{PAGENAME}}}}{{ | {{Metadata:{{PAGENAME}}}}{{Completed}} | ||
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
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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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