CO129-253 - Public Offices & Others - 1891 — Page 227

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Falue will as a matter of account be a set

off against the debit value of all those

The balance if any against

surrendered.

the Colony being dealt with under para : 7 of the Circular of 9th June 1890.

7. It

seems unnecessary

to discuss the causes

which have led to the increased value of the

properties held by the Military for the defence

of the Colony.

The primary

cause of

the

increase in the value of Hong Kong lands, and

in the general

wealth

of

the

Colony is clearly

the confidence and safety which the Colony

has enjoyed under the protection of the Imperial

Government, a protection which has only

expenditure of many

secured by

an

been

Million's

of Imperial revenues, while the contribution

of the Colony to the same end has been

Comparatively infinitesimal.

8. In view of the fact that it is the duty

of