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not even mentioned to my Co-directors the possibility of reopening the
question.
I am actuated solely by a desire to bring about a
project which I am persuaded will be of the utmost benefit to the Colony,
and I feel sure that with such an object in view I may rely upon your
active co-operation.
It is to you, Sir, that in the first place I
apply for the assistance needed, in the hope that the Government may be
induced to modify the conditions attached to a sale of the land formerly
applied for:-
1. By reducing the premium to 20 cents per sq.ft., payment to be
made four years after sale, or earlier if the construction of the
Dock should be completed,- and,
2. By waiving Grown Rent until the same time.
The land need not be assigned by the Government until the premium & first
instalment of Crown Rent be paid.
With such modifications granted, I am hopeful that it may be possible
to make arrangements with the Admiralty, under which H.M. Ships would have
prior right of use of the new Dock & also of the Docks already in existence,
which will enable me to put the scheme in such a light before the H. & V.
Dock Goy. shareholders as to ensure their supporting it.
It is unnecessary to point out that to no other private concern which
Tould have to face the opposition of that Company would the acquisition
of the land offer any attraction.
The prospective advantages to the