106
Even before the arrival of Sir Henry Pottinger's last despatch, we were disposed to recommend some concession in their favor. But what that concession should be seems to us no more doubtful. The parties themselves request, and Sir Henry Pottinger now states that he is disposed to grant, tenure in perpetuity, on condition...
301 Supposing that the parties received, according to common practice, a Lease for a period deemed sufficient to compensate them for their outlay of Capital without having any positive term at the end, it won't be right at the outset to offer them such terms. The simplest course is a renewal at the end of every successive period of 75 Years and to let them accept or reject those terms as they pleased. A condition that the Government judged reasonable might be attached, viz. that the ground-rent might be revised & altered according to the current value of Land in the Colony.
"We confess we should apprehend very much difficulty from this plan. Supposing a test could be applied... But by the present project, no such test could be applied. They must remain in possession of their premises at any rate, whether they like it or dislike it.
106
Even before the arrival of Lis Henry Pottinger's last despatch,
to
ni
recommend some concepion
their favor. But what that concepion shouts be
seems to
no more doubtful. The parties
themselves request, and fir Henry
Pottinger now
states
be
disposed
that he
to grant,
tenure in perpetuity, on
301
lupposing that the parties re=
-ceived, according to common
practice,
a
Lease for
a period
deemed sufficient to compensate
Moms for
for their outlay of Capital without having any positive
the end, it wont be the
right at the
to offer then
such
terms.
simplest course
a
renewal
is the
that at
The and of
and
to
very succepive period of 75
reject those
terms
Ad
they pleased.
a
condition
the fovemment judged reasonable
let them accept on
Years
the ground-rent might
& altered according to value. of Land in the Colony.
to the current
"We confes
We
shouts apprehend
- much difficulty from this plan.
Supposing
But by the present project, no
such test
test could be applied.
they must remain in ropesion
of their premises at any rate,
مو
that
shouts
they dislike
the
W
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