CO129-173 - Sir Kennedy - 1876 [1-3] — Page 307

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

to Your Lordships that after careful consideration, I have come to the conclusion that there are no adequate grounds for a general reduction of the Crown Rent in these colonies, except in cases in which the present depreciation of the value of property bears hardly upon the tenant. Such reduction, involving as it would a diminution of the general Revenue of the colony, could only be justifiable either on the grounds of abstract justice, or on the grounds of a corresponding equivalent return.

I fail to see, however, that the Crown tenants who entered into their obligations voluntarily, and who simply miscalculated the course which the development of the colony would take, have any claim against the established Government on the grounds of abstract right, while on the other hand it is admitted by all competent judges that some equivalent in the shape of a revival of trade or of increased prosperity in the districts that would be relieved is to be looked for.

I have, therefore, decided, subject to Your Lordships' approval, to make no general change in the present relations of these tenants.

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to Your Lordships that after careful consideration, I have come to the conclusion that there are no adequate grounds for a general reduction of the Crown Rent in these colonies, except in cases in which the present depreciation of the value of property bears hardly upon the tenant. Such reduction, involving as it would a diminution of the general Revenue of the colony, could only be justifiable either on the grounds of abstract justice, or on the grounds of a corresponding equivalent return. I fail to see, however, that the Crown tenants who entered into their obligations voluntarily, and who simply miscalculated the course which the development of the colony would take, have any claim against the established Government on the grounds of abstract right, while on the other hand it is admitted by all competent judges that some equivalent in the shape of a revival of trade or of increased prosperity in the districts that would be relieved is to be looked for. I have, therefore, decided, subject to Your Lordships' approval, to make no general change in the present relations of these tenants.
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to Your Lordships that after careful ensideratio, I have came to the h 2 a emchision that there are no adequate grounds for a general reduction of the Crown Rent in these co e cases in which the present depreciation of the value of property bears hardly upon the tenant.. Such reduction involving as it would a diminution of the general Revonne of the lealony could only justifiable either on the be of abstract justice, in grounds antrafation " in of a converfronding equivalent retun. I fail to see, haveur, that the Crown tenants who entered 304 into their obligations voluntarily, and who simply miscalculated the course which the development of the lealing would take, have claim against the established Gavramment any m the grounds of abitinct right, while in the other hand it is admitted itted by judging that Mo all competent of equivalent in the chape of a revival of trade or of increased pompeity in the districts that would be relieved is to be looked for. I have, thaefore, decided subject to You Lordshipis afferval to general change in the make no prevent relations of these ne
2026-05-21 08:18:27 · Baseline
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to Your Lordships that after careful

ensideratio, I have came to the

h

2

a

emchision that there are no

adequate grounds for a general

reduction of the Crown Rent in

these co

e cases in which the present depreciation of the value of property bears hardly upon the tenant.. Such reduction involving as it would a diminution of the general Revonne of the lealony could only

justifiable either on the

be

of abstract

justice,

in

grounds

antrafation "

in

of a converfronding equivalent

retun.

I fail to see, haveur, that

the Crown tenants who entered

304

into their obligations voluntarily, and who simply miscalculated the course which the development of the lealing would take, have

claim against the

established

Gavramment

any

m

the grounds of abitinct

right, while in the other hand it

is admitted

itted by

judging that

Mo

all

competent of

equivalent in the chape of a revival of trade or of increased pompeity in the

districts that would be relieved

is to be looked for.

I have, thaefore, decided subject to You Lordshipis afferval to

general change in the

make no

prevent relations of these ne

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