inconvenience to the
colony of a
Naval yard existing in the middle
of the town
from the extension to
the yard then contemplated, & the
large scheme of extension, estimated to cost £1,275,500,
was
then decided.
Considerable progress
has
been made with the scheme
The annexed form Major Pilkington shows that the
Dock enclosed plan will
probably be
available for
the end of
next
year.
6. It is worth noting
that in a private letter to Lord Selborne went rather further
than in his despatch, saying that the colony would be prepared to
pay the whole cost of a new
Naval Yard at
Quarry Bay, & that Lord
Selborne accordingly did not like to give
an absolute negative to the proposal, but decided instead to make the offer in the enclosed letter.
I think we should at once decline this offer with thanks, on
the ground that the expenditure which would be involved, is more than Hongkong
can bear having regard to the advantage which the Colony would
receive from the scheme.
It is of course impossible to
give any exact estimate of the
cost, but the following points have to
be borne in mind; -
(1) Judging from past experience
the date at which a new Naval
Yard fully equipped with dock, &c, would
be ready, if approved,
would be something
like 10 years from now, possibly more, & the Admiralty could not afford meanwhile, to stop any of the
existing works, since, if they
were stopped they would be
much needed.
(2) Therefore there would be no saving
of expenditure.
(3) The colony would have to bear the total cost of fully equipping
a new Naval Yard
with dock, &c.,
the cost of
which, apart from cost of site, could hardly be less than £2,088,880
might be considerably more, this would involve for interest &
annual charge: sinking fund, &c.
of at least
about 4% of
the present revenue of Hongkong;
In return for this large outlay, the
Colony would receive
only
inconvenience to the
to the colony of a
Naval yard existing in the middle
from the extension to
of the town
Y
the yard then contemplated, & the
large scheme of extension, estimated to cost £1.275,500,
whon &
was
then decided.
considerable progress
been made with the scheme
has
The annexed from Major dis to Pilkington shows balenal haban tell that the
Dock Lshown
probably be
the end
enclosed plan will
available for
next
6. Elake win
tello
በኦ.
MARL
about
that itis.
private letter
to hard Selborne went racher further
bay than in his desp. 2435 t saying that the colony would be prepared to
pay
the whole cost of a new
Yard
af
Naval
Quarry Bay, & that Lord
Selborne accorder
ccordingly
did not like to give
a.: absolute negative to the proposal m 1435, but decided instead to make the offer in the enclosed letter.
www
I think shd at once decline this offer with thanks, I we
inf Gov. the ground that the expenditure wh wd be involved, is more than Mangkang
bear having regard to the advantage wh the Colony wd.
Hid receive from the scheme.
can
It is of course impossible to
~37215-1000-6-1900
3078) --- 8000-2.01
give any
exact estimate of the
Cost, but the following points have to
be borne in mind; -
316
(1) Judging from the past experience
the date at wh a new Naval
Yard fully equipped with dock, &c, wd.
be
ready, te
0,
ex approved,
wd. be something
like 10 yoo from now, possibly more, & the Admng could not afford meanwhile, to stop any of the
existing works, there since, if they
were stapped they wd. be
many without the dock wh they
yearo
much need.
00
(2) Therefore there would be no saving
of expendre.
(3).
existing works, I
Naval
the colony wd have to bear the total cost of fully equipping
with dock ve,
Yard
a
the coot of
wh, apart fr. cost of site, could hardly be less than £2,088,880 7
Jm
ight be considerably more, this wd involve for interest &
unual charge: sinking fund, er.
$10mm
for many years of at least
I
about 4 of
of Hongkong;
the
prent revenue-
In return for this large outlay, the
I and receive
only
the
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