Desma
68
to
under the Colonial Office Circular of the 30th 1894,
require the Colony, when the limited military rights cease to be of use
to credit the defence fund with the full value of the land.
3.
In so far therefore as the lands now in question at Kowloon come within the latter Category, he agrees that the claim put forward on behalf of this Office has been excessive.
While making this admission, however, he regrets that he cannot agree that the War Office has no claim in respect of the lands. The principle underlying the Colonial Office Circular of the 30th December, 1894, and agreed by the Colonial Office, War Office, and Treasury after full and protracted discussion, is, that when Colonial land has been devoted to military purposes, the value of what has been so devoted remains available for similar purposes, even though, owing to change in methods of warfare, the land itself may have ceased to subserve any military object.
5.
Applying this principle to the lands at Kowloon, it is quite clear that the restrictive rights now possessed by the War Office have a distinct money value, or, in other words, that the lands would fetch an enhanced price, or be let at a higher rent, if the owner or tenant could erect upon them such buildings as he pleased, and it is clear also that the
Desma
68
to
under the Colonial Office Circular of the 30th 1894,
require the Colony, when the limited military rights cease to
be of use
to credit the defence fund with the full value of
isc.
>
the land.
3.
In so far therefore as the lands now in question at
Kowloon come within the latter Category, he agrees that the
claim put forward on behalf of this Office has been excessivė.
hi
While making this admission, however, he regrets
A
B
that he cannot agree that the War Office has no claim in
respect of the lands. The principle underlying the Colonial
to
Office Circular of the 30th December, 1894, and agreed by the
E
I
A
Colonial Office, War Office, and Treasury after full and
protracted discussion, is, that when Colonial land has been
devoted to military purposes, the value of what has been so
devoted remains available for similar purposes, even though,
oving to change in methods of warfare, the land itself may
have ceased to subserve any military object.
5.
Applying this principle to the lands at Kowloon,
it is quite clear that the restrictive rights now possessed
by the War Office have a distinct money value, or, in other
words, that the lands would fetch an enhanced price, or be
let at a higher rent, if the owner or tenant could erect upon
them such buildings as he pleased, and it is clear also that
the
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