The War Department (for £900 per annum) and not erect additional Public Offices until there was necessity for so doing. The Major General Commanding will, I understand, by this Mail recommend to the War Office that, with the approval of Your Lordship, the property known as Lot ... be taken by the Colonial Government at the price mentioned. It would be a very awkward position to have to go into the market and bid for it, and it is so plain that the land will be required by the Government that persons would readily give more than the actual value in expectation of realising a still greater sum when the land was wanted for public purposes. Further, the Colony has some claim to be dealt with liberally in this matter. Since 1889 the local Treasury has suffered to the extent of the value of its Crown Rents which, at compound interest, would amount to more than $10,000, and since 1860 it has lost the benefits which would otherwise have accrued from the 2nd reclamation.
Page 434
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10.
11.
434
100%
already
let
by
The War Depart
ment for & 900 per annum) and not erect additional Public Offices
until there was necefity for so
12
an
actual
doing. The Major General Commanding will, I understand, by this Mail
Office
recommend to the War
that, with the approval of Your Lordship, the
property
nuev
be taken
by the Colonial Gacerment at the price mentimed. It
would be
a very
position to have to
market and bid
and it is so
atisfactory
into the
до
for
The Lot,
plain that the
land will ly and
ly and by
be required
ly
the Government that perso
would readily give
than
ого
the actual value in expectation
a still greater
of realizing
when the land
greater sum wanted for was wanted
public pemproses. Purster the Colony has some claim to be dealt with liberally
in this matter. Since 1889 the local Treasury has suffered to the extent the value of itie Coron Rents which at compound interent world than $10,000, have produced
of
and since 1860 it has lost the benefits which would inherwise have accrued from the 2nd reclamation.
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