-less
349
long as the War Department used, it is rake, -bas to the Colony. A thing is only with what it will realize on sale;
on sale; and the Colony could realize nothing unless the War Deport
-ment user were to cease.
When the
War Department frees this asset from its user the Colony conces alto poosession of its full valice, because it is then free to sell it at its fee simple value. That is its value to the Colony; and that is the value to record. Should the Colony
called
apou
ever
be
to expend it, it will be in no
before
worse position than it was
of the property
the user
was surrendered. It will be
exactly the same position, which is the position recommended by the Contributions, "Committe, and accepted by the Colonial office, and the Treasury.
3. I eur 6 point out that if the Colonia B is to money be spent on buddings, on sites not Wallich Colouid property, spacial tones would have
ingapon)
to