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present landing facilities offered by the Wharf and Godown Company will not be nearly sufficient for a port like Hongkong. 15. It would therefore be a pity to allow the Marine half of Blackhead's Lot go to a fire who might not use

it for export and import business.

18. I would therefore suggest that the Govern-

-ment keep possession of this lot and erect a godown on it as

́shown marked as Shed No. 4.-

17, it would not then be necessary to build

shed No. 2 at present and Shed No. 1 would have access to the road

for the goods requining to be sent away into Kowloon which could

be taken delivery of at once.

18. Sheds Nos. 3 and 4 and the future Shed No.2

have or could have sufficient water along for ocean going

steamers. The capital cost of these sheds would be large and for

reasons explained I do not think it expedient to look for any

return for the money expended on these 'sheds and wharf walis

from Railway traffic earnings.

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19. During construction the cost of these sheds,

wharves, sidings and reclasation could be kept separate from the

rest of the Railway accounts. When complete this part of the

station yard could be worked as Port Trust, and would form a

base from which to start the large proposed schemes for Wharves

and Godowns. The Port trust would act as a faeder to the Railway

not necessarily sending all goods which pass through their hands

by rail."

120.

If it would not be possible for the Govern-

-ment to provide as much money as is required to purchase the

whole of Blackbead's ›Lot, I think it would be possible through

a middle man to purchase the inner half for the Station Building

and at the same time the middle man would find a purchaser for

the Marine Lot, thereby relieving the Government of the neces-

-sity

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