TAC
29
these
renew any of the-pier leases which would expire in 1949,
as it had in fact been the Government's policy for the
past 17 years to take possession of all pier sites in
1949. The Governor, however, promised that the question
of the future organisation of the port would at once be
taken into consideration.
HK
(P.to)
3. In a Report prepared by Mr. Duncan, the, Port
Engineer, in 1924 on the commercial development of the
1924,
Port of Hong Kong, some reference was made to the question
My Duncan's
of the future administration, and his solution was the
combination of private enterprise, with Government control
He stressed that the first need was for
and supervision.
a properly constituted Advisory Port Authority.
Believing that private companies could not be expected
to meet the cost of the developmental works and reforms
which were necessary to secure true efficiency and
economy in the handling of cargoes, he nevertheless
thought that private enterprise should be encouraged
rather than abandoned: but control of the port itself
and of all port facilities should be centred in the hands
of Government, who should put into operation such works
and extensions as the Advisory Authority might recommend.
The basis of that policy was in Mr. Duncan's own words
"that, while there would be the broad impartial outlook
of Government which would provide the costly works and
lease them on reasonable terms for the exploitation of the Bort, the administration of business would becarried
out by commercial people who should be interested in
despatch, efficiency, and economy on the method of Profit
and Loss.
11
On the other hand, Commander Hole, the
Harbour
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