will probably be

Of great importance if available, well husbanded & managed from the commencement. Towns which may be built on plots of ground might be let on building leases. In such fertile and fine localities, the precincts of the Downs & The Crown Lands should be sold by Auction at such an upset price as to prevent the sale degenerating into a mere scramble; but in the case of a sale by Auction, the sale must always be rigidly enforced.

17. But the Land may be made to yield a fair average exchangeable value. The principle of letting, then selling, of possible Country Lands in a Colony with limited extent, is of great importance. Land is valuable when it is acquired for settlement, and should be made available for that purpose. The fair average exchangeable value of such Land should be maintained, and can be had for settlement, not in them current, but in them acquire an eligible value. That is another source of Revenue.

Tracks may probably be required hereafter for Public use, and should be dedicated from the commencement. Amongst these objects may be enumerated, first in importance, Roads and other national communications — Quays and

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It should be sold by Auction; and can prevent, cannot be too strongly insisted on to the sale, and to affix such a price, as to prevent the sale degenerating. The sale of such land should be gratuitously made to any person under any pretext.

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As observed, much the latter is for achievement strongly insisted on.

Having a form.

...

Annual ton...

of Hongkong, the lease dealing water... I smiled he disfond to apply the principle of letting, then selling, of possible Country Lands. In a Colony with limited extent, it represents an economy. The fair average exchangeable value of such Land should be maintained.

That Land is valuable when it is acquired for settlement, and should be made available for that purpose.

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such leaves; but in a case...

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much secured and fur. Channel...

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