REPORT OF COMMITTEE OF 1890 319 



with facilities for purchase the Local Authorities 

 should have power to let land in small holdings not 

 exceeding 10 acres. 



8. That a system of ownership, however qualified, 

 in the case of small holdings is preferable to any 

 system of tenancy, except in the case of very small 

 holdings. 



9. That it is desirable to confer upon Local 

 Authorities power to purchase land for the purpose 

 of creating small cultivating ownerships, and to 

 borrow the money from the Public Works Loan 

 Commission. 



10. That land in sufficient quantities for the pur- 

 pose can be obtained by voluntary agreement, and 

 that it is not necessary at present to resort to com- 

 pulsory powers. 



11. That it is essential that the purchasers of 

 small holdings should provide in cash a proportion 

 of the purchase money, not less than one-fifth or 

 one-quarter of the whole. 



12. That the balance of the purchase money, 

 after payment of the proportion required in 

 cash, should be lent by the Local Authority, at 

 a rate of interest so arranged as to allow of its 

 periodic reduction until it is reduced to a small 

 proportion of the original charge, when it would 

 remain as a perpetual feu or quit-rent of small 

 amount. 



13. That where small holdings are created by the 

 Local Authority, subletting and subdivision of the 

 holding should be prohibited. 



