the public may purchase land under regulations which give the Government power to veto the sale of any parti cular site, or its use for any particular purpose, or to repurchase any ground xt any time for the original price. Naturally the choice pieces have been the last to be thrown open to would-be purchasers, as the Government must first be served. that they have supplied all needs, imme and prospective, restrictions are being removed. A.nice point thus arises, Interest: ed parties have during the past year or so made application to the Government for permission to. purchase certain land, and these applications have been filed for consideration, For m ible sites more than one application has been made. Is the Government now to decide who may or may not purchase, or is it simply to say the land may now be sold at purchaser's risk as per regulation? One would suppose there should' be no interference with the market, yet this will be the inevitable result of fol lowing the former course. Fur obviously, if A and B are would-be purchasers, if the Go-Vernment authorises A to buy the gran Acan practically make his own price. Iti n that the proper course wou orities to say wh:
the said, lea to regulate itself, The Chi Inw forbidding the re-sale of land with fourteen months would confine native speculs within fairly narrow limits, The other course, wud the one which the Government seems inclined to follow, the door t many abuses of which Britishers ure ustully impatient, and juterteres with free trade.
Text read from the printed page and cleaned; old type leaves the occasional error.