18.
19.
392
secade
of the foreshore ; at the cost of the lot-owners. On its completion Mr Price, the Sewejor General, made his
report of 1th June, 1888, which! ___ showed that nothing had been revealed to modify his originally favourable estimate of the schemer though for the sake of safety he estimated the profit to be derived by the Government in from it portion of the reclamation at
$ 60,000 less than the estimate
some
which may be inferred from elle Chater's original letter.
12.
The enorm
enormous dum
$5,764,599-
$5,764,593, estirnated to be the profit.
derivable from this scheme by the..
for the first
lot-holder, u
time
do to
irade clear to me by this report; and
at once suggested grove doubto the expediency of permitting the execution of the scheine under the arrangement previously conteneplates, Carsequently, in the Colonial Secretary's better to Mr Chater, dated 33.2 June,
1888, informing the let
revult of the survey,
owner
Jeomewhak
of the
modified the altitude which the Government had previously
t
Favoured
with