with the Lea is preparing
" obvious " - These objects can
scarcely fail to be materially affected by a work of the nature of that proposed,
which will front
the community
along
ication
the most important
Lea part of the city, steering
at the same time access to
The Building
on
the one
side, and to the Lea on the
other.
There remains the
question of the mode of
defraying
the expense of the
work
51
work. That expense is stated by the Colonial Treasurer at £12,000 to £15,000, and it is stated that the necessary Funds already exist in the Colonial Treasury. The Treasurer further calculates the rent to be obtained for the Land which will be reclaimed
at £3031, being a
return of four to 25 percent
on the outlay. If
these calculations are correct
it is clear that the work, irrespective of its other advantages, would be a
very advantageous investment.