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Friday, 27 July 1906

Senator WALKER (New South Wales) . - It has afforded me great pleasure to hear Senator Stewart speak as he has done. The honorable senator has certainly exhibited a desire to be fair all round. Senator Fraser told us that he had never known a railway run through a property which it did not improve. But I can give as an, illustration a case in which the result was very different.

Senator Fraser - I was speaking of broad acres.

Senator WALKER - I am speaking, of city property, consisting of 18 acres, known as Teneriffe, in Fortitude Valley, Brisbane. That property was valued bv Mr. John Cameron at .£30.000, and on the strength of that valuation £15.000 was advanced on mortgage. After a time, the Queensland Government desired to construct a railway to Bolimba, and the line was constructed through this property, leaving such a narrow strip betweenthe railway and the river that the river frontage had to be sold for a song, while the balance of the estate, which was valued at ?30,000, has, up to the present, not realized ?8,000. All that the Queensland Government had the impudence to offer as compensation for severance was ?600 ; and on resorting to arbitration the owners received only ?1,200.

Senator Fraser - A bad arbitrator !

Senator WALKER - I shall support the amendment of Senator Stewart, and if that is not carried, I shall support the printed of Senator Symon.

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