: very peculiar circumstances, rented for £1000
a
year, may be very true; and that in a place
where for 3 years
the strange anomaly
appeared of a Covernment offering every
: inducement to the Merchants to commence
building, but delaying
ever
the
commencement
of Barracks for their Troops, or quarters for their Officers to an extent that rendered it at one time a question, whether they should not be billeted on the public ; is equally the fact: but that when Government buildings sufficient
to accommodate their Establishment,
finished, the rent of Houses will be sufficient
to pay
L
an interest on the
are
money expended
them; is an expectation, which the most
sanguine Proprietors cannot entertain,
while the present system continues in
force.
The substantial buildings to which
your letter refers,
were most, or all of them,
commenced
commenced
99
any months, and some even
2 years, since ; but although Hongkong has been
barely 4 years
in ersistence, the Houses of any magnitude
of new
cement
can nowhere
be seen ; a state of matters, we believe, without
αν
- parolled in the history of the British Colonies.
While the place continues the seat of
Government, and the head qu
Communication, many
quarters of Steam
English
mercantile
1
Houses may find it necessary to keep up Establishments here; and a small Chinese: population will remain with them: but when the present Government and other
since commenced, are finished,
buildings, long
a large proportion of the present Inhabitants must emigrate from a place, where, from the absence of Frade, they
can have no occupation;
while the continuance of oppressive.
of oppressive tarsation
will be but too certain to prevent an increase.
of property or population of any kind.
We
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