98

for each. The aggretate sun in premia

proposed to be obtained is theufer $72,000. 3. I also annex a schedule of to Anuval Crown Reut to be charged lok. These amount to $8,780.13 per

4.

the

on the

LIVIUAIMS

I believe the foregoing assessements

will not be too heavy to discourage

purchasers. In fact I may of the lot

several

5.

are

cu haued by the creation of the proposed roads and streek shewn in the plan, His Excellency with

readily perceive that it would be wiver to construct

before

the land.

the greater portion of these roads

sales lake place, and thus afford the Colonial

Inasury the opportunity of malizing increand

fornia

state that r

1.

There is no

co policy

so bad as the policy of

already bespoken.

The land will however riot

be fit for the hammer until the end

of this year year, as the reclamations have to settle and

or the beginning of rost

Consolidate, and the whole of the

of the surface

will have to be brought up again tor formationlovel after the ered

Deason.

6.

first setting.

and

selling Allohimock of Crown laud to indviduals,

of making roads and stret

& afterwards, at the public axpouse, for it is then the m purchasers of the ground and not the a Government who reap the entire benefit of

the improvement, and of the increased value of the land consequent on those improveuunte

The a

approximate cost.

4 of comtruating

the roads and strats shown in the plau

of the raving

&

As it is obvious that the selling

is $32,000.

Owing however to the

callo

маму

Gover 1105

value of these lots will be inmensely

enhanced

on the Treasury this year, I apprehend the

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