that
Peak, alluded to by alle Huruphreys, at the time these extensions were conceded,
the Colonial Governement was ignorant of t the value which Peak loks would uthiivately attain, and consequently did not object to r consede extensions of temure that were supposed to be of no great importance. It subsequent to this, when the fashion for
wvast.
mountain residences suddenly set in, that
a
the Peak, previously
lovely
aud
381
of prescience or ignorance of former days in respect of the
the values which mountain
eiles would attain and to which the Peak:
concessions were due, cau be invoked or
reverted to in 1885, av a reason for
charging little or nothing for
nothing for wholerate
concessions at Kowloon, which we have,
will carry
with
every reason to suppose. them a distinct and specific money, a
value
13.
worth. Here
uninhabited district, came into request
and that land acquired any
laud or sumber
any large extent.
out of land
of sites
we believe
a better
to be put up for sale to-day, that the Government, having
appreciation of actual values, would not concede similar extensions at the Peak,
irvitess for adequate consideration. We do not, therefore, think that the want
of
of
us small importance.
We ought perhaps to mention
that we did not dœw it necessary in our
Report of the 10th of July last to discuss
W = Hmphreys's arguments, because we
were able to discover that he trade
made out a case,
et to have to
We regret
differ in principle fundamentally from Mr. Humphrup, for
we canot adeuit
that he has any right whatsoever
other