the sea at an expense, probably, (for the Estimates are not yet complete) about £12,000. The Surveyor General, however, expresses himself quite satisfied that the ground not required for the mint will produce in premium a sum more than sufficient to defray the whole work, as well as the expense of bringing water into the Market with every prospect of finding ready purchasers - and there a large tract with deep sea frontage will be made available for building purposes which under other circumstances would in all probability be made productive.
A permanent addition to the revenue of the Colony in the shape of rent, of probably nearly £1200 a year.
Besides this, when the Mint shall be fairly established, the remainder of Causeway Bay comprising nearly 100 acres at present under water will never have been so profitably utilised.
I trust to be able to submit by next mail plans and specifications of the portion of reclamation which will have to be undertaken at once by the Colony. Tenders will be invited for the work in next Saturday's Gazette, and every...
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