Land Settlement for Ex-Service Men 



Working Capital. 



68 twenty-five acre holders at ;:^2 50 . j£i 7,000 

 36 one- and five-acre holders at ;£^o . 1,800 



pgi8,8oo 

 Average cost per family = ;^i8o. 



Total Cost of Scheme. 



Purchase money . ;^5o,ooo average per family ^^480 

 Cost of equipment . 34,800 „ „ „ 334 



Working capital . 18,800 ,, „ „ 180 



p^io3,6oo „ „ „ ^994 

 Temporary remis- 

 sion of interest . 6,216 



Total. . . ;^io9,8i6 total per family ;^i,o56 



Capital for central 

 farm and demon- 

 stration farms at 

 ;^i5 per acre . 1,965 



Motor lorry and 

 trailer .... 1,000 



Extra horses, imple- 

 ments, etc., for hir- 

 ing out to holders 300 



II. A 2000-acre colony, chiefly fruit and vegetable 

 holdings. 



Cost of land at £^2^ per acre . . ;^5o,ooo 

 Class of land, light and easily worked. 



Note. — Under intensive methods of cultivation a minimum 

 amount of fencing is required, as the live stock are not allowed to 

 roam in the fields. Legal expenses are not put down in these 

 estimates, because the existing number of cottages and buildings on 

 any area of 2000 acres would reduce the expenditure on new 

 buildings to an extent sufficient to cover legal expenses. 



