district is unsuitable for conducting on a small 

 scale ; in fact, as has been pointed out, Mr. Bligh 

 considers the type of farm in this district which 

 lets for under 30 per annum a most uneconomic 

 one. Any universal creation of small holdings, 

 therefore, or any creation not carried out in ac- 

 cordance with the local demand, such as it is, 

 would probably be disastrous under present con- 

 ditions. 



Also any experiment necessitating a large outlay 

 on buildings, fencing, etc., would prove unre- 

 munerative. 



Mr. Bligh, however, was aware of a certain 

 demand amongst the village people for small 

 quantities of land, and ascertained that this demand 

 was sufficient to make the economic price from the 

 small holder's point of view an economic one from 

 the landlord's. 



By merely supplying this local demand he has 

 increased his yearly rental on the two farms at the 

 rate of 64 per cent. net. At the same time the 

 village people, being enabled to keep their own 

 cows and grow stuff for their horses kept in con- 

 nection with other business, can carry on this 

 business at a greater profit to themselves. 



The following points were in favour of the 

 success, from a financial point of view, which has 

 attended this partition of farms : 



1. The land was conveniently situated close to a 

 village, adjacent to, or at a very short distance 

 from, the homes of the people requiring land. 



