CO129-220 - Governor Sir Bowen - 1885 [1-3] — Page 380

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at which the biddings for Peak lots are etarted. This assessment for premium

is

a low one, but we purposely adjicated it on

a moderate scale, in the conception that

the Gover urnent would desire to deal

liberally with the Sardew lot-owners,

of whom have gone to considerable expensive in draining and in

improving their grounds.

many

7.

B

●A regards

the

question of annual

Crown Reut, we are unable to admit that

there is

any auselogy

between Crown leaseholds

in the

country

and crown- leaseholds in

town or suburb, on that au

any jest.

Comparison can be advanced betiven Peak rents and Koroloon rent, the situation,

extent, and other circumstances being so very different. In a town or subent, the Government is compelled to incur a

large outlay

in the construction of roads

initial

and

and streets, in drainage and sewerage.

works, in water, lighting, and other ununicipal requirements, and to continue. expending large yearly sene in the uptrop and maintenance of those, whereas in the

the lands leaved Government country,

1 by

call for no public expenditure other than

yearly the repair of rural,

that attendant on

d.

The building

troads

leaseholds in the Peak

district are but a novcinal charge

ort

the

Colonial Treasury, for the yearly expense of

repairing a few monutain paths is ___

Con

on sparatively trifling, and here all -Governuuent expendituère ends; whereas at

Kowloon,

the establishruent

of a permanent form of tenure, and the parcelling out of the Garden lot into regular building -

- areas, divided by straight and wide

roads and streets, will, we

believe,

Make