expenditure
being fixed at an of $14
$40,000 within two years from date of sale.
now
was recent
A portion of the re- clamation adjoining the site
-applied for by sold to the Bonghong Club by public auction at #3 a foot with Crown Rent at the usual rate of $800 an dore as recommended in the
present &
case, but the con
ditions annexed to the sale
in regard to the expenditure
of
of money
167
on rateable improve
ments no doubt deterred com
petition to a certain extent.
In
In view
the services
of the
rendered to the Colony by the Company in transmitting free of charge all meteorological telegrams sent to the Observatory. and of the fact that all Government telegrams. transmitted at half the cost
are
paid by the public I venture to strongly
recommend to
Your Lordship's favourable
con
sideratic.