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A-Yes.
Q-Now, assuming it as an Inland Lot (ceased to be a Marine Lot) what would you have valued it at ?
A-At that time ?
Q-In 1899.
THE ATTORNEY GENERAL:He must have valued it as an Inland Lot.
A-I valued it in 1899 as a Marine Lot, though it was an Inland Lot. In 1899 the obstruction from the Reclamation became serious.
Q-What difference would you put between an Inland Lot and a Marine Lot; is it worth more as an Inland Lot ?
A-No.
Q-What would the land as an Inland Lot be worth in 1899 ?
A-I should say not more that $2 or $2.50 per foot.
Q-And, as a Marine Lot, it would be worth $4 ?
A-I think so.
Q-At what would you have valued this Lot in 1903 without the Godowns?
A-Well, it depends upon whether it was sold after this Lot (pointing on the plan to Lot 180) or not. Lot 180 was sold at about $7 per foot.
Q-If 184 had remained a Marine Lot, I suppose it would have been worth as much as 180, which was sold at $7 per foot ?
A-I should say it would be worth more, being a central Lot and nearer the Town.
Q-What size is this Lot 183, which Mr. Pollock refers to ?
A-I do not know anything about this particular Lot, but I fancy all these Lots are 100 × 225 feet. I think it has about 100 feet frontage [measuring on plan]. It is just over 100 feet on the plan.
Q-Is that a one-storied building?
A-Well, I am under the impression it is a two-storied building.
Q-You say there is no advantage in a Godown being as high as 29 feet?
A-1 do not think cargo is stored higher than 16 or 18 feet in any Godown. That is the utmost.
Q-So, no matter how high it is after 20 feet, it is no great advantage for cargo ?
A-No.
Q-So the advantage in taking the cubic contents is no greater than that king the superficial area ?
A-No; it is not usual to calculate it by the cubic contents.
Q-With regard to the value of land in this Colony, am I right in saying that the general tendency is for it to rise?
A-Yes; it has had a set-back once or twice, but the general tendency is to increase in value.
Q-And is a Godown in this particular locality, at the present time worth less than one on the sea-front ?
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