96 Capital Required. 



land available, and often of very fair quality. Provid- 

 ing lie satisfies himself there is some potentiality about 

 the soil, and that the plough can be got at part of it, the 

 prospect lies before him of turning it into a productive 

 place by fencing, ploughing, crop growing. Such land 

 is obtainable cheap, and a lot of money is yet to be made 

 out of improving it to satisfactory sheep land. Perha.ps 

 figures of suggestion may again be quoted as to what 

 can be done with such country. Say, 1,000 acres fern or 

 ti-tree land, with part ploughable, capable of carrying 

 at present a handful of sheep in an indifferent manner, 

 it could with proper treatment be made to carry possibly 

 1,200 to 1,500 ewes. It might be considered dear un- 

 improved at 3 per acre, but if made to carry 1,200 ewes 

 it should be worth 7 per acre. 



Then there is the man who can go on to a bush 

 section with very little capital, and, gaining experience 

 as he gra.dually improves his property, has the satisfac- 

 tion of seeing his interests become more and more valu- 

 able as the results of his efforts and improving prices of 

 stock. 



