CO129-320 - Governor Sir Blake Acting Governor May - 1903 [11-12] — Page 42

40

No.

526

Hongkong.

sir,

C. O.

45672

Rece

Government House,

21 DEC 05

Hongkong, 19th. November, 1903.

You

35732

I have the honour to acknowledge the re-

ceipt of Mr. Chamberlain's Despatch No. 362 of the 6th. ultimo,

in which Mr. Chamberlain stated that he could not hold out

any hope of a contribution from Imperial Funds towards the

cost of building a bridge across the Harbour.

2.

da

The land to which I referred in the last

paragraph of my Despatch No. 412 of the 20th. of August last

is the area of foreshore and seabed which by direction con-

veyed in Mr. Chamberlain's Despatch No. 71 of the 22nd. of

ldmy

вова

March, 1898, was transferred free of charge to the Admiralty

for future extension (which by the way has not yet taken place)

of the Naval Yard at Kowloon. The area is 7 acres in extent

and was valued at the time at 30 cents per Square Foot, while

neighbouring properties leased to private individuals bear a

Crown Rent at the rate of $500 an acre. The premium and Crown

Rent capitalised at 25 years purchase works out, therefore,

at $178,976.

3.

The land in Victoria which I referred to

is the area of foreshore and seabed devoted to the Naval Yard

Extension and Reclamation in front of the War Department

Property. The area is 41 acres and valued at 25 cents per THE RIGHT HONOURABLE

Square

ALFRED LYTTELTON, M.P.,

&cc ...

ECC . *

80.1

C.