6 GERMAN CO-OPERATIVE AGRICULTURAL SOCIETIES. [June 1896. 



divided into holdings of varying size, suitable either for small 

 farmers' or for labourers' allotments. The separate holdings 

 might be transferred to the colonists for their capital value or 

 they might be leased for short periods. The income which the 

 Government would thus derive is to be allowed to accumulate 

 until 1907 to form a fund for colonisation purposes ; afterwards 

 it will simply form part of the ordinary revenue. 



In some cases an association of colonists purchase an estate, 

 and assign to each a portion for his individual cultivation. The 

 unassigned ]and is cultivated in common. When the shares are- 

 fully paid up, the holders become proprietors of the land allotted 

 to them. 



