HITB.!
he adduces do not seem to me overwhelmingly strong, but when he says "I consider that an attempt at this time to charge a premium based even on a part of the developed value would result in such strong and protracted opposition that
we should eventually be compelled to give way" he is batting on his own wicket he knows local feeling and circumstances, we don't.
-
In paragraph 3 of (2) we have particularly pointed out the danger of the treatment of these leases (which are 75-year leases without provision for renewal) becoming a precedent when the question of the renewal of the 99-year leases and the 75-year renewal leases comes up. The Governor's answer to that is the addition to the public announcement proposed in paragraph 7 of (7) to which I have already referred. This is not a very powerful safeguard against creating a precedent, but it is perhaps better than nothing. Though I must say that I should foresee great difficulty in denying to holders of leases who have a right of renewal a concession given to holders of leases who have no such right.
•
On the whole however I do not see that any useful purpose will be served by arguing further and I think we had better now give the Governor the all-clear he asks for, again stressing the precedent dunger.
3. I have put in a draft savingram on the assumptions that in paragraph 1 above I have not entirely misunderstood the position and that the decision will be as is suggested in paragraph 2 above.
J. Woolen
My reading
of the
22.10.48.
with
intentions of the Govt of KK agrees
that of
draft scurugram.
and Wallace
saud
wow
as set
out
L
I fear that whatever is
about the
of these leases, affect the terms
terms
the terms will
of renewal
renewal of
the special termes
lases; inst as the
194649 are
Bor
quoted
martably
the 99 year
gren
support of
the favourable terms proposed after 16.6.67.
Aswever
the draft says
az
unch
az
be said to I.K. on the subject.
usefully be
I Love ven have d
25th Manor
to after the opening
/
of the draft
To undreali
can
words
that HK
15