The Very Best Rice Land, Taking
The Japanese Dollar At Three Shillings, Is About L65:10s Per Acre.
Unirrigated Land For Vegetable Growing Is Something Over L9:12s., And
Forest L2:11s. As These Are Railway Rates, They May Be Fairly Held To
Cover Large Areas.
In private sales the prices may reasonably be higher.
It is to be remembered that some of the very best rice land will bear
two crops of rice in the year. Most soil will bear two crops, the first
being millet, rape, vegetables, and so on, sown on dry soil and ripening
at the end of May. Then the ground is at once prepared for the wet crop,
to be harvested in October or thereabouts. Land-tax is payable in two
instalments. Rice land pays between the 1st November and the middle of
December and the 1st January and the last of February. Other land pays
between July and August and September and December. Let us see what the
average yield is. The gentleman in the sun-hat and the loin-cloth would
shriek at the figures, but they are approximately accurate. Rice
naturally fluctuates a good deal, but it may be taken in the rough at
five Japanese dollars (fifteen shillings) per koku of 330 lbs. Wheat
and maize of the first spring crop is worth about eleven shillings per
koku. The first crop gives nearly 1-3/4 koku per tau (the quarter
acre unit of measurement aforesaid), or eighteen shillings per quarter
acre, or L3:12s. per acre.
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