any part of it which
is likely to become the site of the principal Town or of any Seaport Town
which is
likely to be required for Military Defences, The Site of any Public Works of utility, or ornament, or public
recreation
Considering
how great is the value of all such localities
and with what avidity they
in every new
are solicited for.
and with what facility they are usually granted, and at how ruinous an
expense they must be repurchased for the public Service, It appears to Lord Stanley
that it would be
very good frith
to
any past or future
surrender
of them to
even if
private uses, even if there were no special inducement for husbanding the public resources. This necessity appears to his Lordship still
more evident when it is borne in mind, that the proposed establishment
of a Free Port at
Hong Kong will, exhaust all the other resources of the local Govt and reduce them to the
necessity of deriving a large portion of the charges of maintaining
the local Establishment.
But at the
general