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$50 an acre, no competition. In order, however, that the Government may obtain a reasonable price that would justify exceptional treatment I recommend that the portions of land to which I
have referred should be leased for a term of 75 years, re-
-newble for a further term of 75 years on the usual terms, at a premium of 275 an acre.204 Crow rent at the rate of $100 an acre would be charged for any land built upon and 810 an acre for land used for purposes of recreation.
I have the honour to be,
and as I have already observed there would be
Ky Lord,
Your Lordship's most obedient,
humble servant,
17. E- Stutts
Governor, &c..
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