No. 508.

[

0.0.

706

&

Guvertinent House.

Hong Kong,

8.7th

570

December, 1900.

33629

00

sir,

I have the honour to acknowledge the receipt

of your despatch No.338 of the 24th.October last and to inform

you in reply to paragraph 2 thereof that the land was put up

to auction in accordance with the usual practice. Any bidder

might have offered more than the sum which Messrs. Butterfield

and Swire were prepared to give and might thereby have secured

the lease of the land. As a matter of fact no other bidder than

Messrs.Butterfield and Swire's representative was present at

the auction, and the land was sold to that firm at $20 above

the upset price.

I have the honour to

sir,

Your most obedient

Humble Servant,

he

3

Henry Ashake

GOVERNOR, &C.

The Right Honourable

JOSEPH CHAMBERLAIN,M.P.

800.

800.9

800.

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