those urged in the present address to Lord Stanly, appointed a Board of Officers to value the lots disposed of at the early sales, with the provision that, should any individual deem his lot overvalued by the Board, he should be at liberty to hold it at the average rate at which similarly situated lots might be disposed of at the approaching public sale. This sale took place not long afterwards. The minimum price affixed
to the lots
lots was
the
same as
that placed on similar lots previously granted, and the result was, that while the upset price of the land amounted to £1300-they
were sols
sols by Auction for
Amm
pental of £2000.- proving that the framer rates had not been unfair.
The lots disposed of at the latest sales, with the full Knowledge of the torms of existing leases, have continued to average
ad
ones. Lord
30
as high as at the preceding Manley remarks, in a recent despatch, that it would be difficult as her Henry Pottinger has observed, to apply any better test of value than sale in a
fair and open market."
With all the alleged discourage -ments and disadvantages the building of substantial private houses has continued uninterrupted, until the present year deprived Inacas of its pemaining English merchants. If pents
are mOWTM
nothing at that place,
reduced to
& place, this must sise chiofly from its desertion. As to Canton the rents and prices at that principal seat
of
the Chinese trade are notorious, exorbitant ; and it is impossible to
but
conjecture what they wruh have been t for the outlet and advantages afforda to the merchants of warchaising their
goods