4
專辦龍九
樓三號九十街海北地麻油
五一四二四八K:電
局議鄉界新
19
FAK HOT STREET
2ND FL
KOWLOON
K.
04741
NEW TERRITORIES HEUNG YEE KUK
址赝界新
號八至號六街德崇爐埔大 七八二一六六〇:話電
6-8 SHUNG TAK STREET
TAI PO MARKET
NEW TERRITURILS IL. K.
TEL.
0661267
4.
through this exchange process is in fact comparatively higher than the amount he would have to pay for 2 sq. ft. of building land bought at a Government public auction. This policy of charging a premium by the Government is in effect camouflaged tactics for usurping the people's property.
(e) When private agricultural land within layouts is resumed,
"land exchange entitlements" are given back in return, and the price determined for every sq. ft. of land is forever cheap. For over ten years there has been a shortage of land for ex-
The change by people possessing "land exchange entitlements". Government owes land debts perpetually without paying any interest. Furthermore, the land resumed from the people is in turn leased out or sold by the Government at a high profit. In connection with the Government's schemes to construct such reservoirs as Shek Li Pui, Shing Mun, Tai Lam Chung, Shek Pik, Plover Cove, High Island, etc. and to develop satellite towns like those in Tsuen Wan, Castle Peak, Yuen Long, Sheung Shui, Fanling, Tai Po, Sha Tin, Saikung and so forth, whole villages are either removed or re-sited
For the benefit of the communities on to make way for land resumption. Hong Kong Island and in Kowloon, the Chinese residents in the New Terri- tories have been compelled to bear the pain of the destruction of their centuries-old ancestral homes, the loss of their land and the discarding After the completion of their original decent and peaceful way of life. of these reservoirs, the Hong Kong Government has an indefinite gigantic source of income. As to the N.T. satellite towns, the land therein required for the development of industrial, commercial and residential buildings will be sold by the Government at high prices for profit - another gigantic source of income. At the same time, the establishment of all kinds of businesses and transactions in these towns are also It indefinite large sources for the collection of inland revenue. should also be borne in mind that from now on, when the problems of industries, commerce and housing for the population come up, the Hong
But Kong Government will depend wholly on the N.T. land developments. in a society where there is no welfare security, the Chinese residents in the N.T. have not only lost their original decent and peaceful live- lihood, but also sacrificed their ancestral homes and land in order to
Ever since 1923, the N.T. provide Bources for the Hong Kong; Government. Heung Yee Kuk has continuously been sending letters to the N.T. District Officers, District Commissioners of the N.T. and the Governors of Hong Kong while they were in office, requesting negotiation on the matter.
ncome
A memorandum...
M.