FREE BOOKS

Author's List




PREV.   NEXT  
|<   277   278   279   280   281   282   283   284   285   286   287   288   289   290   291   292   293   294   295   296   297   298   299   300   301  
302   303   304   305   306   307   308   309   310   311   312   313   314   315   316   317   318   319   320   321   322   323   324   325   326   >>   >|  
rations, by reclamation of waste lands--when a certain improvement in the value of the lands reclaimed will be produced, so that the legal heirs will not be prejudiced, can be made, a certain advance shall be made from the public funds." The usual rate of interest for such advances from the Treasury used to be five per cent.; by the act of 1846 the rate payable on such advances was reduced to three and a half per cent., with repayment in twenty-two years; making six and a half per cent, in each year, until the expiration of twenty-two years, when the advance, principal and interest, would be repaid. The Government now proposed to take the terms of the Drainage Act, and to extend them to various improvements, not confining the operation of the measure to drainage alone; and to do away with those technical difficulties which arose under the former Act, and which rendered it difficult for tenants for life to borrow money. This Act only applied to private estates, but the Government now intended to consolidate former Drainage Acts of a more general nature, so that the drainage of districts could be carried out by the majority of the proprietors of any district agreeing upon the drainage of such district, the minority being bound by their acts. 2. A further announcement, and a very striking one, was made by the Premier; namely, that the Government intended to propose that the State should undertake the reclamation of a portion of the waste lands in Ireland; he alluded to various reports of Commissions upon the reclamation of waste lands, and to the works of eminent writers, who were of opinion that, in many cases, the reclamation of such waste lands would provide profitable employment for large masses of the people; and would render land, now valueless, of great value, as it would be made capable of cultivation. He quoted Sir Robert Kane (then Dr. Kane), who said, "in his most interesting work on the Industrial Resources of Ireland," that the estimate, that 4,600,000 acres of waste land might be reclaimed, and be reduced to the condition of cultivated land, was by no means an exaggerated estimate. "We propose, then, sir," continued Lord John, "to devote a million to this purpose, and that the land reclaimed should, if the proprietor is willing to part with it, be purchased from him, but that if he does not improve it in the method just before stated, by loan, or by his own resources, and _if he refuses to sell it, there shoul
PREV.   NEXT  
|<   277   278   279   280   281   282   283   284   285   286   287   288   289   290   291   292   293   294   295   296   297   298   299   300   301  
302   303   304   305   306   307   308   309   310   311   312   313   314   315   316   317   318   319   320   321   322   323   324   325   326   >>   >|  



Top keywords:

reclamation

 

drainage

 

Government

 
reclaimed
 

twenty

 
reduced
 

Drainage

 

district

 

intended

 
propose

advance

 

interest

 

Ireland

 

advances

 

estimate

 

Robert

 

cultivation

 
quoted
 
capable
 
profitable

eminent

 

writers

 
Commissions
 

reports

 

portion

 

alluded

 

opinion

 
masses
 

people

 

render


employment

 

provide

 

valueless

 

refuses

 

resources

 

proprietor

 

million

 
purpose
 

purchased

 
method

improve

 

devote

 

stated

 

Industrial

 

Resources

 

condition

 

cultivated

 

continued

 

undertake

 

exaggerated