Viaus

other financial situation

y stag King

much

a

Year

is

a

grant of #9000

&#

aught 56. allowed. $14,000 is

enormans salon for minor university.

a

Professor

a.

The canters blunder in the ishandles

but wi

to which his 7_ refers may puride the funds for

Year

Caumot look forward to such blenders for the futur & if we ace aper it has got to be paid. * $14.000

I share his 7's preference for lump sum grant of the endowment fund hat an have abroad divided

an

a yearly payment wirkend (1919)

I comer not aper

thean raise the

to do me

arsenal

paquent

to the bon round sum of #

(this university

is bing started on

most extravagant

lines. The

10,000

the

art

going to five In C. Elliott £ 2000

a year

f a

-

house for doing so for

I can ascertain-

thaw pomised him,

glen

practically nothing.

a

£3000

вони bones of after så years)

if they get rid of him after

I would refs that plur. & Juggs 7 $10

.000.

79.

Costure l

Sir,

9329

Rre | APR 12

GOVERNMENT HOUSE,

HONGKONG, 7th. March, 1912.

Referring to paragraph 5 of your Despatch No.

31

384 of 30th. of last December, I have the honour to submit for your sanction Financial Minute No. 1 dated 3rd. January, 1912, which was unanimously recommended by the Finance Committee on 27th. February and approved by the Legislative Council today.

2.

The reason for the vote is explained in the enclosed extracts from the report of the debate in Legislative Council on 9th. November, 1911.

affears

Excessive

RICHT HONOURABLE

LEWIS HARCOURT, M.P.,

&C..

&c..

&c...

1.4.4

810.4

$10,000 seems enough f

yes * 10.4.12

I have the honour to be,

Sir,

Your most obedient,

humble servent,

Governor,&c..

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