CO129-028 - Bonham - 1849 [1-3] — Page 237

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All AI Reviewed

12

CAIL

buildings thereon, and let by his speculation little short of £1000..!

By Ordinance No 24 of 1847 no person shall establish a market without having a Licence,

the amount of that licence is left to be

233

the Buildings in repair and under certain circumstances, to repair and shield them with Stone or brick.

determined by the Government and

from their

for

the

decision there is no appeal. It is

evident

from this and from

very nearly

very

what is previously stated.

that Government can and do raise a revenue from the sale of provisions, and that instead of aiding to make living here cheap, they do the

Moreover it is to be observed that the Buildings in the Markets do not belong to the Government, and that as the Lease holder is only the proprietor during the time of his lease, he must during that period cover the cost of the Buildings. The amounts therefore laid out may form an additional tax to which

in this way

the gain

derived by the Lease holder and by the renters of the Stalls, may be added; a further Ordinance in 184 compels the proprietors to keep

Were Government to erect a Market-place

for the convenience

of the public, with the view

of making provisions cheap and abundant, they

with reason might claim

to cover all expense

and

a rental sufficient

eventually to defray

the cost of the buildings; the present system

of raising a revenue and interfering with that wholesome competition which reduces and regulates prices is in my opinion impolitic and

objectionable. Besides is it desirable to give the power of interfering

or stopping the supplies, into the hands of few individuals? Were the ground on which the Central Market is built now put up to

Auction - Competition would no

doubt drive it

up to an exorbitant rate, probably equal to what the present Leaseholder now pays to Government, equal to £2000 per acre,

but

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12 CAIL buildings thereon, and let by his speculation little short of £1000..! By Ordinance No 24 of 1847 no person shall establish a market without having a Licence, the amount of that licence is left to be 233 the Buildings in repair and under certain circumstances, to repair and shield them with Stone or brick. determined by the Government and from their for the decision there is no appeal. It is evident from this and from very nearly very what is previously stated. that Government can and do raise a revenue from the sale of provisions, and that instead of aiding to make living here cheap, they do the Moreover it is to be observed that the Buildings in the Markets do not belong to the Government, and that as the Lease holder is only the proprietor during the time of his lease, he must during that period cover the cost of the Buildings. The amounts therefore laid out may form an additional tax to which in this way the gain derived by the Lease holder and by the renters of the Stalls, may be added; a further Ordinance in 184 compels the proprietors to keep Were Government to erect a Market-place for the convenience of the public, with the view of making provisions cheap and abundant, they with reason might claim to cover all expense and a rental sufficient eventually to defray the cost of the buildings; the present system of raising a revenue and interfering with that wholesome competition which reduces and regulates prices is in my opinion impolitic and objectionable. Besides is it desirable to give the power of interfering or stopping the supplies, into the hands of few individuals? Were the ground on which the Central Market is built now put up to Auction - Competition would no doubt drive it up to an exorbitant rate, probably equal to what the present Leaseholder now pays to Government, equal to £2000 per acre, but
Baseline (Original)
12 CAIL buildings thereon, and let by his epcoulation little short of £1000..! By Ordinance No24 of 1847 no person setablish a market without having a Liecuse, the amount of that liecuse is left to be 233 the Buildings in repair and undir eertain circumstances, to repair and schrild them of Stone or brick. determined by the Government ani from their for the decision there is no appeal. It is evident from this and from very neverie. very what is previously stated. that Government can and do raise a revenue. from the sale of provisions, and that instead aiding to make living here cheap, they do the Morcover it is to be observed that the Buildings in the Markets do not belong he Government, and that as the Lease holder is only the proprietor during the time of his lease, he must during that period eover, the east of the Buildings. The amounts therefore laid out way forms an additional tax to which in th this way the gain derived by the Lease holder and by the renters of the Stalls, may be added; ofurther Ordinance 184 compels the proprietors to keep Were Government to erect a Market_place conveniener- of the public, with the rieu- of making provisions cheap and abundant, they with reason might with to cover all expence dain and λ rintal sufficient cventually to depay cost of the buildings; the present systenc the however of raining, a revenue and interfering with that wholesome competition which reduces and regulates prices is in my opinion impolitic and shjectionable. Besides is it desirable to give the power of interfering of interfering with, on it may be of of Joue on which stopping the supplies, into the hands few individuals? Were the ground- the contral Market is built now put up Auction - Competition would no to doubt drive it up to an exorbitants rate, probably equal to what the present. Leaseholder now pays to Governments, equal to £2000 per nere, but
2026-05-17 10:08:06 · Baseline
View content

12

CAIL

buildings thereon, and let by his epcoulation little short of £1000..!

By Ordinance No24 of 1847 no person setablish a market without having a Liecuse,

the amount of that liecuse is left to be

233

the Buildings in repair and undir eertain circumstances, to repair and schrild them of Stone or brick.

determined by the Government ani

from their

for

the

decision there is no appeal. It is

evident

from this and from

very neverie.

very

what is previously stated.

that Government can and do raise a revenue. from the sale of provisions, and that instead aiding to make living here cheap, they do the

Morcover it is to be observed that the Buildings in the Markets do not belong he Government, and that as the Lease holder is only the proprietor during the time of his lease, he must during that period eover, the east of the Buildings. The amounts therefore laid out way forms an additional tax to which

in th

this way

the gain

derived by the Lease holder and by the renters of the Stalls, may be added; ofurther Ordinance 184 compels the proprietors to keep

Were Government to erect a Market_place

conveniener-

of the public, with the rieu-

of making provisions cheap and abundant, they

with reason might with

to cover all expence

dain

and

λ

rintal sufficient

cventually to depay

cost of the buildings; the present systenc

the

however

of raining, a revenue and interfering with that wholesome competition which reduces and regulates prices is in my opinion impolitic and

shjectionable. Besides is it desirable to give the power of interfering

of interfering with, on it may be of

of

Joue

on which

stopping the supplies, into the hands few individuals? Were the ground- the contral Market is built now put up

Auction - Competition would no

to

doubt drive it

up to an exorbitants rate, probably equal to what the present. Leaseholder now pays to Governments, equal to £2000 per nere,

but

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