CO129-282 - Acting Governor Major Gen Black - 1898 [3-4] — Page 78

COPY.

No.715.

Enclosure 5.

77

READ

8610

[Pcc 18 15:98

Public Works Office,

Hongkong, 24th. November, 1897.

"C.0.DESPATCH 147 or 23.7.97 NEW GOVERNMENT OFFICES".

Sir,

1.

I have the honour to report that I have carefully

read the Despatch from the Right Honourable The Secretary of State:

for the Colonies, herewith returned, and other papers connected

therewith, and conclude that the matters on which I am called on

to report are as follows :-

"a". The probable sun to be derived from the sale of

building sites in the resumed area of Taipingshan.

"". The probable amounts to be realized by land sales

on the Praya Reclamation and elsewhere within the next few years.

"e". The extraordinary expenditure on Public Works

which will probably have to be incurred in the Colony within

the next few years, distinguishing that we chargeable to the

loan, and chargeable against General revenue.

2.

With regard to "a", I see no reason why the whole

of the Taipingshan resumed area should not be sold within the next

two years. The best of the sites, comprising an area of 11,475

The Honourable

The Colonial Secretary.

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