Rent Roll, and to derive a revenue
from
a) percentage on the value of real property,
fixed by an annual assessment.
The most prominent objection to such a proposition is the deficiency of colonial Income which would result from it, the expectation being that not then a half of the present revenue would be obtained. In addition to this very valid cause for its rejection, I am opposed to it because it disturbs the existing order of things, a system of which we can but guess at the benefit, while the disadvantages which would spring from it are acknowledged.
I am opposed to it because it would operate as a burden and a penalty on those who had improved their lots of ground, the improvement being the heavier the burden, and it would have a direct tendency to discourage improvement for the future. I am opposed to it, because I think that although many (especially those who made the Land sales a basis of speculation) might regard it with satisfaction, many would have fair cause for complaint; and it is better that whatever cause of dissatisfaction may arise should have been embraced voluntarily by the public itself, than that it now originates with the recommendation of a Committee arbitrarily appointed and irresponsible.
I am opposed to it because it would necessitate a more practical interference with the Chinese inhabitants than under the present system, and with the land these inhabitants are left to themselves, they regard the Colony with greater favor. I am opposed to it because it would give present and intending settlers a dangerous notion of the unstable nature of the system.
6.
Rent Roll, and to derive a revenue
from
a)
percentage on the value of real property,
fixed by
a w
annual asse
assessment.
The most prominent objection to such a proposition is the deficiency of
the belonial Income which would result
quore
4 Land
from it, the expectation boing that not then a half of the present by it
revenue would be obtained
addition to this ver valid cause
very
it But in
8 for its
rejection, Lansoppaced to it because it dictuchs
aw
A
and would substitute
existing order of things. system of which word can but
working
know
as a
and
we
the
but guess at hope for the benefit, while and
certainty
the acknowledged.
disadvantages which would spring frous I and opposed to it because it would)
it
operate
who had
ad a
burden and
improved
greater the improves
on those
1 penalty their lots of ground, the
the improvement the heavier being
the burder, and it would have a direct
similar
322
tendency to discourage improvement for the future. I am opposed to it, because I think that although many, (especially)
those who made the Land sales
a
basis
it with
of speculation), might regard satisfaction, many would have fair for complaint ; and it is better and
objection
liable to
A/
CAMLD)
less
that whatever cause
dissatisfaction may)
of
arice should have
been embraced oxluntarity by the public
itself, than
tes now with the recommendation
originates
of a Committer arbitrarily appointed and
irresponsible. I am
in a measure ir
opposed
to it because it would necessitate a more
practical interference with the Chinees inhabitants than under the present syption,
the
and
with the
Inord
these
ard
left to themselves,
the will they regard
6 greater favor will. Colony. I am opposed to it because it
would
I give present and intending settlers a dangerous of the unstable
notion.
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