CO129-332 - Public Offices & Others - 1905 — Page 420

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417 was to pay interest $17,294 for 6 years 334 days delay in set ing the depreciation.

As to having regard to all the circumstances of the case as proposed by Mr. Secretary Lyttelton, Sir Matthew leaves out of consideration the fact that $148,500 have been paid into the Colonial Treasury, being proceeds of sale of the reclaimed land in front of our Lot and the right to erect a pier in front thereof, and after deducting $32,897, the cost of reclaiming, there remains the sum of $115,603, out of which $35,729 have been paid to us as compensation, leaving a profit of $79.874 which it is now sought to appropriate by an arbitrary act of the Governor in repudiating the value of the Land as given by his predecessor Governor des Voeux who passed the Reclamation Ordinance, and who may reasonably be expected to know the value of the land in question; and he disregards the circumstance of the new land being sold for $133,500 at which rate our old land would have a value of $285,277; and also the destruction of a profitable business in money lending on goods stored in our Godowns for which we have not claimed, ought to be reagrded as one of the circumstances of the case.

My remarks upon the Award have been sent to my co-owner, Mr. Stephens, with the request that he would ask Sir Matthew

Nathan to reconsider his decision in the light of the facts in

evidence, but this he has refused to do

I have therefore again to appeal to Mr. Secretary Lyttelton

to exercise his perogative and allow a government Official

experienced in matters of compensation and myself to meet to

settle the principle upon which the amount of compensation

shall be ascertained, and, if need arise, allow a disinterested

Expert to act as umpire, and thus end a matter which ought to

have been settled 16 years ago when the Reclamation Ordinance

was passed, and remove the grievance we are entitled to feel

misio and badudba oGAN JAGUTTATO $10 to gefoal er?

*

MONDAYO AL

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