のの
23
extension of lease.
9.
fourth
This exten
The answer
has been refused
to the
The
main
objection is
that there is nothing to ~
show that Chinese would not have invested in lands
leased for 75 years, and will not continue to do so. Of
course a
is a more
lease for 999 years
tempting security
than a lease for 75 years.
probable
The more
ble reason
for Chinese capital being. invested in "HongKong is to
be
(
be found in the higher
335
Secu
-rity offered by investment in a British Colony
10.
fifth
With respect to the
main
objection viz
the increase in rents and
ure on
the pressure
if a
landlords,
a renewal of leases on the basis already propound- ed is granted this antici-_ pated increase will not
oc
cur, or, if it does, will not be due to the 75 years lease system; and as for landlords
being