Mr. Sparke pointed out. that tthe assessed rate of Tls. 93,000 per raw for the land in question, Cadastral Lot No, 897A on North, Szechuen greatly under the true value which he believed to be much nearer Tis, 100,000 per mow, but the important point was that, in computing compensation on the land 70,000 per mov, more than sessed: value, the Land jon settled once and itor point that has long been sun-led. Mr. Sparke believes tthe settlement of the ease callsip ie attention to one of the heretofore almost overlooked opportunition for land investment in the Settle ment, Mr. Sparke looks on North Sxe~ chuen Road as "the second most important, road in.the Settlement only being surpassed by Nanking Road. It isa main artery of travel leading into the Settlement from. the north and south and T'rank it 5 next in importance to the main todd running east and west, Nanking 'A Fature Second ito None 'According to this estimate North Srechuen 'Road will have a fats; second to mone and in its wid the Iand owners have not been' '}ited so greatly as they shave ey, the other recent improvements that have taken "place there, though naturally a wider road means more opportunity for commerce.
Mr, Sparke inclines to think that! the not distant future will soo several large department stores being erected on North Szechuen Road as well as imposing hotels, both being put up by leading financial interests of the Settlemertl, Already the Post Office and the Hongkew Hotel have gone up and are evidence that there are other astute land experts who hold simi" lar views,
Text read from the printed page and cleaned; old type leaves the occasional error.