effected by the settler are made by the state, these to be repaid in twenty years. On all advances the state charges an interest rate of five per cent and the limit of advances on the irrigated tracts of Victoria is $2,500 each. Remarks by President Hodghead THE PRESIDENT: This report of Mr. Adams gives you a very clear idea of the tremendous scope of the investigation which the committee has undertaken. It also outlines clearly the method which the committee have adopted in collecting this information. The second portion of the report of the committee, which is intended to be an interpretation of these investigations, and the deductions which may be drawn from the facts ascertained, will be presented by Dr. Elwood Mead, now, fortunately, of the University of California. For many years he has had a wide experience in land settlement matters in Australia and is familiar with the settlement problems in our own and other countries. Dr. Mead has been giving his time almost exclusively to this investigation for the past six months, and in preparing the report for the Commonwealth Club and for the University, in which respect we have been particularly fortunate. |