CO129-285 - Acting Governor Major Gen Black - 1898 [9-10] — Page 346

28

durance.

Offices etc. and pa.

latial private houses are n

often

built land leased

on

for 75 to 99 years:

(b) in Hongkong, where men

come and

go, 75 years

would

as a rule cover three generations:

C houses

as built for Chi. namen at least will not last

more than 75 years:

(d) unless the Government

wishes to resume the land

on

the expiration of a 75 years lease, the question of compen_-

sating

(

29

339

sating the tenant for improve

ments will not arise, because I assume that here, as elsewhere,

if the lessee wishes to renew at

on the prevailing

Comes

in-

a rent based value of land, the Government

· will grant him the first offer.

(e) the public good before the private gain of dividuals and it therefore to be just that the Colony general and not the particular -man should get the advan. tage of the unearned increment.

seems

in

13.