CO129-503-1 Development of Hong Kong Harbour 6-12-1926 - 28-10-1927 — Page 49

MESSRS. COODE, FITZMAURICE, WILSON AND MITCHELL

Gentlemen,

49

TO THE CROWN AGENTS.

9, Victoria Street,

London, S.7. 1.

23rd March, 1927.

HONG KONG HARBOUR.

We have to acknowledge the receipt of your letter

E.254/11, dated 23rd March, and marked "Urgent" with

enclosure

2. We have looked into the matters referred to,

so far as the short time at our disposal has admitted,

and have to observe as follows:-

3. It appears from the telegram from the Governor

of Hong Kong, that it is proposed to obtain 2,000,000

cubic yards of material still required for the completion

of the Kaitak reclamation by means of dredging from the

Harbour, and that the Netherlands Harbour Works Company

have undertaken to carry out this work for the sum of

Dollars 1,491,000. We understand that the value of the

dollar may be taken at 2/-, so that the cost of the work

may be roughly taken at £150,000 which would represent

1/6d. a cube yard on the 2,000,000 cube yards referred

to. Assuming that this price includes the deposit of

the dredgings in the reclamations, and that the quantity

is ascertained by measurement of the material when

actually deposited, the price appears to us very

reasonable. No contractor sending plant out specially

from Europe for the purpose could undertake it at such

a low figure.

4. With regard to the Netherlands Harbour Works

Company itself, we have no personal knowledge of this

firm.