8
419
personally to
satisfaction to me have assisted in advansing.
I ought perhaps also to
in the
cence in
point out that aequiesen- present case will make it difficult to refuse similar applications from holders of 75 -year leaseholds at bokforlum, the -villages, and Kowloon, so that the question of precedent must not be lost sight of
Had the Teak lot-owners been suffering from depreciated lease holds, I would have
counselled the Government to ~ in and assist in improving
the
step
p
the value of the land, but so high do leak lots stand in the market, that their owners are the objects of great envy
to all their fellow residents and there are therefore no grounds for Government intervention in the Yeak district on this score.
For the rest, I would
deprecate the unrest and unsettlement in which the rules of land tenure would continue if there applications.
were
complied with (they
are not infrequent). The Government has so far adhered to existing rules which are
are not unfair to the __ landed interest, and I cannot.
rules
but think it will be desirable to
Continue
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