Sugar Bounties in Chile. 



389 



Danish Allotments Law. 



The Board have received through the Foreign Office a 

 translation of a law which came into force on 1st October last 

 for the provision of allotments for agricultural labourers in 

 Denmark. By this law, labourers, who must satisfy various 

 conditions as to character, etc., can obtain a loan from the 

 State equivalent to nine-tenths of the value of the land they 

 desire to purchase. The land should be from about five to 

 seven acres in extent, of medium quality ; the limits may, how- 

 ever, be from 2f to io£ acres in the case of better or poorer 

 land. The total value should not exceed 4,000 kr. (£222}. 

 The interest payable on the loan obtained from the State, 

 which holds a mortgage upon the allotment, is three per cent. 

 The loan itself is repayable (after the first five years) by annual 

 instalments of four per cent, until half is paid off, the remainder 

 by instalments of per cent., including interest. Provision 

 is, however, made for cases where the borrower desires to pay 

 off the loan in larger sums. Regulations are laid down con- 

 cerning the transfer of such properties, and also as regards 

 testamentary dispositions. 



The Treasury is empowered to devote a sum of 2,000,000 

 k:r. (^111,111) annually for the next five years for loans ot 

 this nature ; at the end of this period the law is subject to 

 revision. 



A committee of three persons, the members of which are 

 paid, is to be organised in each county to aid the labourers 

 in acquiring land under this Act, and to exercise a general 

 supervision over the plots. The labourer is required to culti- 

 vate the land in the customary manner, and the necessary 

 live stock, implements, and buildings must be kept up and 

 maintained in good condition ; he must also insure against 

 fire. 



Bounties on Beet Sugar in Chile. 



The Board of Trade have received, through the Foreign 

 Office, a copy of a Bill approved by Congress for the payment 



