endow the hospital in the first instance with a sum
sufficient for the maintenance and treatment of forty
patients.
The cost of construction and
20
equipment will probably amount to between $70,000 and
$80,000, towards which a sum of $42,000 has already been
subscribed by residents in Hongkong, while a further sum
of $20,000 will, it is expected, be raised without diffi-
-culty among residents in Kowloon. In fact it may reason-
-ably be anticipated that the whole cost of the buildings
will eventually be met by private contribution.
6.
The cost of maintenance with
forty patients (the estimated daily average in the im-
-mediate future) under treatment is calculated at $16,500
per annum, towards which annual contributions of $6,000
from private sources and $2,000 from the Tung Wa Hospital
have been guaranteed. The promoters ask that the Govern-
-ment will make good the remaining $8,500 by an annual
grant of $6,500 and an endowment of $30,000, which invested
at 6 per centum will bring in the extra $2,000 required.
7.
These proposals are, I think,
reasonable and I have accordingly to recommend that an
assurance may be given that upon the completion of the
buildings