island of Hong Kong itself: both were ceded to us

and are D tish territory. As regards the New

Territories, the lease has still over 60 years to

run and while it is fairly certain that any early

retrocession of the area to the Chinese in their

present frame of mind would involve the ruin of

Hong Kong, it does not necessarily follow that

the same would be the case when the lease has

run its full course especially as it is not

unreasonable to imagine that it may be possible

in the years to come to ef ect an arrangement

with a settled, prosperous, and less sensitive

China whereby the difficulties about building

leases etc., which otherwise must inoreasingly

hamper any development of the New Territories, may

be resolved. If so the essential unity of the

interests of Hong Kong, Kowloon, and the New

Territories in those conditions would probably

be sufficiently obvious to secure that the British

position in Hong Kong and dowloon would not have

to be abandoned, when the New Territories revert

to the Sovereign authority of China.

(Sd) Walter & Ellis

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