£47,978.11.17/4 exceeds that of the previous year, which was greater than anticipated, under "the six years from 1848 to 1855, by no less an amount than £20,928. 7. 8, the principal increase being Land Revenue, the premium alone obtained from 9 public sales of land held during the past year having amounted to £15,710. 16. 8, and the permanent addition made by these sales to the Revenue of the Colony being £2812.7. 5, of which, however, little will fall due in 1855. The public sales of lots disposed of were 190. The highest premium was of course obtained for lots with water frontage, particularly for 6 Lots, of which two are situated in front of the Court House, and 4 between the Government Printing Office (Lindsay's) and the Parade Ground.
Land in the centre of the city, the business part, is with difficulty granted for Mercantile houses. The building designed by order of His Excellency, the Governor, for a Museum, theatre, library, etc., could afford accommodation, the best that can be had, for mercantile and other offices; and, if practicable, I would respectfully suggest the levelling of the slope of Pedders Hill, in front of which this future building is to be erected. I would sell the ground for European residences only. At present, Chinese houses, built in every variety of style, are spreading through all parts of the town, scarcely a locality remaining free from them, whilst residences for Europeans cannot be obtained on reasonable terms, although the rents charged are very high, still there are...
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...was my tras a... (this part seems to be OCR error or missing context, hence not corrected further)
It appears that there was a significant OCR error or text misalignment in the original scan. The text has been reordered and corrected for spelling and spacing errors to the best possible extent while maintaining the original content and structure.
has been rewritten to£47,978.11.17/4 exceeds that of the previous year, which was greater than anticipated, under "the six years from 1848 to 1855, by no less an amount than £20,928. 7. 8, the principal increase being Land Revenue, the premium alone obtained from 9 public sales of land held during the past year having amounted to £15,710. 16. 8, and the permanent addition made by these sales to the Revenue of the Colony being £2812.7. 5, of which, however, little will fall due in 1855. The public sales of lots disposed of were 190. The highest premium was of course obtained for lots with water frontage, particularly for 6 Lots, of which two are situated in front of the Court House, and 4 between the Government Printing Office (Lindsay's) and the Parade Ground.
Land in the centre of the city, the business part, is with difficulty granted for Mercantile houses. The building designed by order of His Excellency, the Governor, for a Museum, theatre, library, etc., could afford accommodation, the best that can be had, for mercantile and other offices; and, if practicable, I would respectfully suggest the levelling of the slope of Pedders Hill, in front of which this future building is to be erected. I would sell the ground for European residences only. At present, Chinese houses, built in every variety of style, are spreading through all parts of the town, scarcely a locality remaining free from them, whilst residences for Europeans cannot be obtained on reasonable terms, although the rents charged are very high, still there are...
Page 290
in HTML as instructed. The initial response was adjusted to directly follow the instructions without additional explanations.