74

in Consequence

assessed under the local law would

be at least ten times the amount of

the rates; and as the military au-

thorities pay neither rent nor rates

it is asserted on behalf of the Co-

lony that the military occupation

of these particular lands entails

a positive loss to the revenue of

$330,000 or over £20,000 a year.

Those latter figures are not given

by Mr Fleming, but Mr Stanhope will

see that they result from his des-

patch and the enclosures.

the result of

3. These large sums are mainly

due to the development of the Colony

so that lands which originally when first occupied by the military were

of small value have now become, ow-

ing to the growth of commerce and population, of great worth and im-

portance, and Mr Fleming contends

that the Colony is entitled to the

benefit of this increase of value,

and not the Imperial Exchequer,

since the increase is not in any

great degree if at all, due to Impe-

rial expenditure upon the lands.

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