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A-Yes; that is a Marine Lot.
Q-Do you know what price that was sold at ?
A-Something like $7 per foot.
Q-An Inland Lot is worth $3.50 per foot as compared with a Marine Lot sold in 1903 at $7 per foot?
A-Yes; that is a Lot on the Old Praya, as compared with a Lot on the new Praya.
Q-With regard to Sharp's Godowns: that $7 per foot, Mr. Turner, was for the land only, was it not?
A-7 was for the land only. The Godowns had been burned down previously.
Third Witness-Mr. Alfred Ram (of the Firm of Denison, Ram & Gibbs).
Mr. POLLOCK (cross-examining on behalf of the Crown):-Mr. RAM, have you got your Report before you?
A-Yes; I have it here.
Q-I see in the second paragraph of that Report, you say that access to the sea was interrupted to such an extent as to render the property in question and the buildings thereon, in a great measure, useless for the purpose of Godowns ?
A-Yes.
Q-And more, no doubt, would have to be expended in coolie hire than otherwise?
A-Yes.
Q-Could you tell us from your experience how many coolies are employed
in Godowns?
A-No; I cannot. Do you mean in the actual working?
A-Yes.
A-No; I could not tell you. I have not considered it.
Q-As a matter of fact, I take it that the property market in this Colony fluctuates a good deal.
A--Well, it generally rises. It does fluctuate, but the general tendency is to rise.
Q-Would land in 1903 have been worth more than in 1897, I mean land out West?
A-I should say so.
Q-Would there be any difference in the value of land between 1899 and and 1897 ?
A—I should think so. I have no knowledge of actual value, but I should say there was a gradual rise.
Q-Now, as regards your calculations based on the rents obtained from Godowns, would you not take into account the storage capacity, that is to say, the cubic contents of a Godown rather than the superficial area?
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