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this Department it was considered preferable to capitalise
this annual rent at 26 years purchase; this was agreed to
by the Colonial Office, and the Hong Kong Government was
accordingly credited with the amount in the Special
account referred to.
4.
The Crown rent on the property referred to in
War Office letter of the 29th November last, Hong Kong
8/32 was not paid; neither was it capitalised.
I am,
Sir,
Your obedient Servant,
(Sgd)
R.H. Knox.
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