it. But as
a matter of fact,
ao a
au
under
the terms proposed that Department in retiven for
expenditure of about $500,000 will obtain land worth at least $1,570,000 making profit by the transaction of conce $1,070,000.
As regards Suggestion 4 d hold, in accordance with the opinion expressed above, that the land therein referred to, not having been bought with Man Deportevent funds, should, if not required for Military purposes, become ipso facto the propenty of the Colony, But supposing this view to be incorrect, the proposed sale to the Colonial_ Government is no doubt a very neeful conocesion, though the price
to be given
is a convaderable one,
and the Public Buildings which it is intended to enect on the spot
will be used for the benefit of the
Troops
10
Troops in common the commnunity.
176
with the rest of
Suggestion 3 no doubt points to a real concession, if my general view as to the tenure of War Deporte! land be held to be inadmissible.. But even here it is to be borne in.
mind that the land is to be given up for a public road, by
by which the troops which will to a certain extent benefit.
But whether these concessions can all be rightly
so terved on not, there is no doubt that some
of
them, expecially 1 and 2 will materially increase the pecuniary ability of the Colony to meet the heavy charge involved in the constucation of the proposed. Breakwater; won the whole, therefore,
A
if agreement can be arrived at on the poids specified by Mr Price, I am disposed to recommend to
the
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