CO129-420 - Governor Sir May - 1915 [1-2] — Page 343

in exchange for the relinquishment of (wown pemain of $63,457

other

Land: then & spend some $62.000 m the loved this acquired & make it sit for a reaction pround

is

-

Ish! think that the bargain between the Sat. Such Jardine in portably fair - the Eor is sorthern Irish y sub. is Scot the only question Any mind is whether the tolong can afford the extra $60,000 at the present time.

The revenue for the musther been

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36.31-

N°

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15

339

GOVERNMENT HOUSE,

HONGKONG, 10th. February, 1915.

I have the honour to report that I have had for

some time under consideration proposals for the extension of the public recreation grounds in the Colony which are entirely in- -adequate for the requirements of the local athletic and recrea-

-tion clubs, which have increased in number of recent years owing

not only to the growth of the population but to the increasing taste of the rising Chinese generation for outdoor recreations. The only suitable area available for such extension is in the Sookunpoo

Valley where however much of the flat land is in the ownership of

Sir Robert Jardine. This property comprised Inland Lots 1019, 1020

and 1021 and was valued at $58,250 in 1907.

2.

At the same time Sir Robert Jardine's re-

-presentatives, less. Jardine, Matheson & Co., were carrying on negotiations with the Government with a view to obtaining a reduction in the claim for the premium of 863,457 for conversion

of Inland Lot 29 into a Marine Lot.in accordance with an under-

-taking made by the Firm in 1903 which the Government desired to

put into effect in connection with the proposed Praya East Recla-

-mation Scheme.

3.

In order to acquire the extension I said that

I would recommend to you the acceptance of Sir Robert Jardine's

E RIGHT HONOURABLE

LEWIS HARCOURT, H.P..

&c...

&C.

&C..

offer