$
COPY.
in Enclosure 1),
Sir,
Enclosure 2.
426
Colonial Secretary's, Office,
Hongkong, 11th. May, 1908. 1972
RECO
her 20 JUL 03
In reply to your letter of the 2nd. instant,
I have now the honour to transmit to you my amended valuation of lands to be exchanged between the War Department and the Colonial Government, to which I have appended some notes.
This valuation shows a balance in favour of
the War Department of $16,799*, which I propose should be set against the value of the land which the War Department wishes to
acquire at Sywan.
2.
With regard to your remarks concerning Mount Cochrane I have to observe that I asked that this area might be
brought into the Exchanges in order to balance them as nearly as
possible, and because without this additional area which is very
necessary to the Colony for the further development of the Kowloon
Feninsula the Exchanges would be unduly favourable to the War
Department.
I cannot therefore agree to saddle this
exchange with such a proviso as you suggest, and 1 feel sure that
in the enormous areas that the War Department will acquire if the
Exchanges shown in the schedule hereto are carried out it would
not be difficult to find sites for Indian Married Quarters.
I have not valued that portion of the
3.
Military Reserve at Kowloon which the Colony proposes to devote
to the "King's Fark" as building land less its agricultural value
1
subject to certain rights of user by the War Department, belause Colonel L. B. Brown,
Commanding Royal Engineer.
Marked a
*Note: But see further letter of 13th.
June, 1903, copy attached.