State Library of NSW
[Page 310]
(4)
but if the lessee was allowed to purchase at 10/ an acre to the extent of his expenditure, a large quantity would be purchased; that is suppose he has laid out £1280 in any improvement that he should be allowed to purchase 2560 acres at 10/ an acre, or any lesser area not less than 40 acres. But the lessee however many his improvements should be restricted from purchasing more than one half or one third of his run. A very considerable revenue would be derived from the Squatters under such a system and especially at the present time when from the high price of wool and good seasons they are in a better position to buy than they have been for a long period past, and no one knows how long these good prices may continue, or how soon a drought may again overtake the tenant of the plain. again
The penalty of non residence under the 55 or 58 Clauses is so great
This page has its status set to Completed and is no longer transcribable.