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Updated: May 1, 2025
'For granting the undermining rights under bewaarplaatsen, machine stands, and water-rights, to the present holders of the licences, covering such reserved areas at a moderate valuation; such valuation to be arrived at in the following manner: The Government to appoint a valuator, with instructions to value these rights at a fair and moderate valuation, the holder of the surface licence to appoint a valuator; if they agree, then the surface licence holder shall have the first right to the undermining rights at such valuation; if the two valuators cannot agree about a valuation, they shall appoint together an umpire; if they cannot agree about an umpire, the Chief justice of the High Court shall be asked to appoint an umpire; the decision of such umpire shall be final as to the value of the area under arbitration.
Graham Anderson has said that he has experienced more misfortune of every kind owing to the presence of bad caste shade trees, it is evident that a valuator should attach a much higher value to a plantation shaded entirely with good caste shade trees than to one with bad or indifferent kinds of shade trees.
From what I have hitherto said, it is evident that in many cases the valuing of an estate presents to the mind an extremely complicated problem, and there are so many exceptions and limitations, and so many points of doubtful nature the question of the age, for instance, at which the coffee tree declines that I cannot attempt to do more than indicate those to which the valuator should turn his attention.
The great opponent of the Totteridge Kennel up to some few years ago was unquestionably Mr. Vicary, of Newton Abbot, who laid the foundation of his kennel with Vesuvian, who was by Splinter, out of Kohinor, and from whom came the long line of winners, Venio-Vesuvienne, Vice-Regal, Valuator, Visto, and Veracity.
Values did man only assign to things in order to maintain himself he created only the significance of things, a human significance! Therefore, calleth he himself "man," that is, the valuator. Valuing is creating: hear it, ye creating ones! Valuation itself is the treasure and jewel of the valued things.
Some writers have been disposed to treat Naudé as a hide-bound pedant, insensible to the charm of genius, and the last man who ought to be trusted as the valuator of a nature so richly gifted, original, and erratic as was Cardan's. Such critics are content to regard as black anything which Naudé calls white and vice versâ.
Usefulness to man is not confined to mere material values. The common standards of the market-place cannot be applied to the whole of life. The things which cannot be bought cannot be sold, and the keenest valuator would be puzzled to put a price on some of these unmarketable wares.
The first point that a valuator should inquire into, is the age of the forest land on which a plantation has been formed.
In this very case let your lordships see what happened next day, when the brother-in-law of this individual was appointed valuator, a situation which puts the property of every man, in some degree, in his power. We must go deeper into this question, if we wish to do justice to Ireland, and to the gentlemen who hold property in that country.
All depends upon the care with which the estate has been kept up, and into that the valuator must specially inquire, and he must also specially inquire into the age of the coffee trees, which, always supposing that the soil has been well kept up, is of far more importance than the mere age of the estate.
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