CO129-258 - Governor Sir Robinson - 1893 [1-4] — Page 153

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

152

of

: shares the present would undoubtedly be an inopportune time for the Government to attempt to realize its assets by disposing of land on a large scale. But land required for bona fide business purposes commands a fair price - we obtained the other day a sum of $67,000 for a lot of waste land only 19,200 square feet in extent and land sales have realised in 1892 $121,828 as against $51,761 in 1891, and $16,338 in 1890.

Club-paragraph (c) asserts that the general trade of the Colony is unsatisfactory and in an unhealthy condition, and that several of the oldest established mercantile houses have collapsed, and it draws special attention to the fact that the oldest exchange bank in the East, by which I presume is meant the late New Oriental Bank Corporation, which

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152 of : shares the present would undoubtedly be an inopportune time for the Government to attempt to realize its assets by disposing of land on a large scale. But land required for bona fide business purposes commands a fair price - we obtained the other day a sum of $67,000 for a lot of waste land only 19,200 square feet in extent and land sales have realised in 1892 $121,828 as against $51,761 in 1891, and $16,338 in 1890. Club-paragraph (c) asserts that the general trade of the Colony is unsatisfactory and in an unhealthy condition, and that several of the oldest established mercantile houses have collapsed, and it draws special attention to the fact that the oldest exchange bank in the East, by which I presume is meant the late New Oriental Bank Corporation, which
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152 of : shares the present would. undoubtedly be an inopportune time for the Government to attempt to realize its assets by disposing of land. on a large scale. But land~ required for bona fide business purposes commands a a fair price - we obtained the other only day a sum of $67,000 for a lot of waste land only 19200 square feet in extent and land sales have realised in 1892 $121,828- $121,828 as against $51,761 in 1891, and $16,338 in 1890. club-paragraph (c) asserts that the general trade of the Colony is unsatisfactory is in an condition, and that several of the oldest established ~ mercantile houses has, ~ collapsed, and it draws special attention to the fact that the oldest exchange bank in the East, by which I _ presume is meant the late New Oriental Bank Corporation which
2026-05-26 21:57:59 · Baseline
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152

of

: shares the present would. undoubtedly be an inopportune time for the Government to attempt to realize its assets by disposing of land.

on a

large scale. But land~

required for

bona fide

business purposes commands

a

a fair price

- we obtained

the other

only day a sum of $67,000 for a lot of waste land only 19200 square feet

in extent and land sales

have realised in 1892

$121,828-

$121,828 as

against $51,761 in

1891, and $16,338 in 1890.

club-paragraph (c) asserts that the general trade of the Colony is

unsatisfactory

is in

an

condition, and that several of the oldest established ~ mercantile houses has, ~ collapsed, and it draws special attention to the fact that the oldest exchange bank in the East, by which I _ presume is meant the late New Oriental Bank Corporation

which

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