Ackroyd Peter2009-10-212009-10-211993-041-86931-067-50112-0875https://hdl.handle.net/10182/1241The span of this report encompasses major changes in terminology and in units of measure. Unless otherwise indicated, terminology and measures have been used in forms appropriate to their historical context. New Zealand changed to decimal currency in 1967 at which time $2 = £1 (=20s=240d). For all practical purposes land-based activities, such as farming, adopted International System (SI) units by 1974. The colonial terms 'pasturage,’ ‘pastoral land,' 'pastoralism' and 'pastoralist' are generally synonymous with the American terms 'range,' 'rangeland,' ‘grazing’ and 'rancher.' The payment made by Crown tenants for the use of Crown land, and commonly referred to as rent, is herein described by the term 'annual rental.’ Part of this report is developed from a previously unpublished paper by Rodney P. Hide and Peter Ackroyd titled ‘The Freehold Option’ and presented to the High Country Committee of Federated Farmers’ Annual Conference, Timaru, June 1989. See: http://hdl.handle.net/10182/843enCopyright © Centre for Resource Management.hill farmingland tenuregovernment policyresource managementeconomicsland managementLand Act 1948pastoral farmingpublic landspastoral leasegrazing landOtherMarsden::300803 Natural resources managementMarsden::300801 Environmental management and rehabilitationMarsden::300902 Land and parks managementMarsden::360101 New Zealand government and politics