CO129-503-2 Tenure of new territories in view of Chinese situation 19-1-1927 - 8-8-1928 — Page 17

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to their development the maximum of the

Colony's funds which could be made

available for this purpose?

(2) The ordinary form of lease

granted by the Hong Kong Govt. was for

75 years, renewable at the option of the

lessee. The lease of the New Territorie

would expire in 69 years. Would it be

proper for him to grant leases in the

New Territories in the ordinary form,

or would it be necessary that such

leases should be granted only for the

unexpired period of the lease from

China?

4.

I have carefully considered

these questions in conjunction with my

Advisers. As regards the first, I have

no hesitation in replying in the

assuring you Kat I

affirmative, and aaaana you on my

with continue to consider with sympathý sympathetia considerationes/ any measure

within the capacity of Hong Kong's

resources, which may be devised for the

development of the New Territories.

4.