38
no revenue can be expected from
Import or Export
or Export Duties to cover the:
attendant up
Island.
expences
occupation of the principal source
the
The
from which revenue?
is to be looked for in the land; and
if by the liberality of the Commercial regalations enforced in the Soland;
foreigner
are
as well as British Subjects
tempted to establish themselves
on it, and thus to make it a great
mercantile Entrepôt, with very limited dimensions, &c. H.M's Govt
Conceive
conceive that they would be fully
Justified
in securing
to the Crown
all the benefits to be expected
from the increased value which such a state of things would confer upon the Land. H.M's Govt would therefore caution you against the permanent alienation of any portion of the land, and they
would prefer that parties should
hold land
under leases,
from the Crown, the terms of which might
be sufficiently long to warrant the holders in building upon them.
Several