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40 the new immigration scheme, two ships from London arriving within three days of each other with 220 passengers, and no house accommodation could be found for them; and although scores of sections were unoccupied, not a foot of land could be obtained on which suitable houses could be erected. Grasping speculators had the land locked up for their own special interest, and to the detriment of the town itself.

The opinion of the Provincial Solicitor having been obtained on the point of levying an extra rate on unoccupied sections, the Board in May, 1858, passed the following motion: "That the resolution imposing a uniform rate of one shilling and sixpence in the pound be rescinded, and be substituted by a rate of one shilling in the pound on improved and occupied lands and buildings, and a rate of two shillings and sixpence in the pound on waste sections, the property of individuals." On this basis the assessment for the year amounted to £486 4s. However, the Board, much to the chagrin of its members, ultimately found that the exceptional rate they had resolved on could not be enforced, and they were reluctantly compelled to abandon it, although to their credit be it said several of the proprietors of vacant sections expressed their readiness to pay the amount charged.

The general trade of the town was confined to supplying the residents of the Province with their few simple necessities and requirements to enable them to prosecute the operations on farm and station. The mutual dependence on each other was felt and readily acknowledged by both. As the country progressed, the town benefited, and trades multiplied, expanded, and improved. The strides were not great nor rapid; they were sure, albeit a little slow. Fluctuations in value then as now caused a little depression, and as the value of cereals had considerably fallen, from what had for some years ruled, the impression was that this fact "was likely to be productive of some inconvenience, if not temporary embarrassment among agriculturists. On the other hand the increased value of wool would go far to neutralize the deficiency in the value of grain." On the whole, however, the commercial prospects were good. The amount of real wealth had increased rapidly; the great complaint was the want of money or something to represent the real property of the country.