The Pamphlet Collection of Sir Robert Stout: Volume 69
Wealth of the Colony
Wealth of the Colony.
The Property Tax Department supplied the following information concerning the assets and liabilities of the colony, made up to 31st March, 1886, the last census period:—
It must be borne in mind that in this estimate of the wealth of the colony the unalienated lands, (after deducting 9,000,000 acres which are held to be worthless, as being "barren mountain tops, lakes, and worthless country"), are only computed as being worth some 10s an acre, whereas in New South Wales the unalienated Crown lands are computed as being worth 13s 3d in the estimate of the public wealth in "The Wealth and Progress of New South Wales," published under the Government auspices, and compiled by the Government Statistician.