Page:Indian Journal of Economics Volume 2.djvu/238

 226 F. KETINGE Holland In tlolland here is an ineres/ug enure known as Beklem.reght which eonstittes a permanen enan right. This right can be sold, mortgaged or bequeathed, and 81tD-(llVlSlon ing in Holland mont. is very similar to the Occupancy Right of the Bombay Pt'asidaney, wih his important diffaraneo t;ho g rghg is' indivisible and so presents an effective bar tnjurtous land. In spite of this they are pro.s- to introduce legislation to facilitate restrip- Jersey In Jersey the Law of Inh er/tance is substantially the same as in France, but with this important difference that .when. a farm is of an area less than I t acres-the eldest son inherits the whole. Ja. pan 70 per cent of the holdings in Japan are smaller than 2t' acres, and are much fragmented. The. cultivated land of Japan is for the most part sub-divided rate small, narrow and irregular lots, with an insufficient and often unreasonable system of roads, and often mperfectly and not suitably irrigated, ard drained. With the .object of increasing the produce of the soil, and preventing the inconvenience caused by the existence of numerous small lots belonging to the same proprietor, and scattered over a large area, the Japanese Government, following the example of other countries, has appointed Commissions to effect re. adjustment of lands. A law for the readjustment of lands was passed in 1899 and amended in 1909. The law provides for. (1) the necessary nterchange of land and the resinping of lots, (2) the construction of roads, irrigation works, etc.. Ia order to obtain author|sation to form a Syndicate for the readjustment of farm lands it is necessary to obtain the consent of at least half the landowners in 'the tract in which the Syndicate intends to work, and these land- owners must represent two-thcds of the land affected. Th .farms restriped are exempted'from land tax, and special credit institutions are provided to finance hem. So far as the work has gone, it has resulted in con. siderable improvements in roads and canals, an increase in rice growing, and the general convenience of all concerned; ! Ibid. Feb. 9111; and Outlines of Apriculturz in Japan, 1. 22-B, isued by &gricultural Burton, Tokio (1910.