Publisher's Synopsis
Excerpt from A National Agricultural Policy the Finance of Occupying Ownership and Co-Operative Credit, Vol. 5: A Study in Cheap Money Compound
Landowner to be paid the purchase price as to-2 5 per cent. In cash and as to 75 per cent. In 3 per cent. State-guaranteed Bonds taken at their market price, by which is meant increasing the purchase price to such an amount in excess of the cash valuation that by selling the bonds representing 75 per cent. Of the increased price at their market discount the actual value is realised in cash.
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