141
by the Buxton Advisory Committee. Further, as
an i mediate contribution to the educational
purposes of the fund it is the desire of the
Tational Government that out of the
accumulation now on deposit a sum of £200,000
should be transferred to Hongkong University
and a sum of £200,000 should be placed at the
disposal of the Universities Committee in
London for the assistance of Anglo-Chinese
studies. It is also their intention as future
instalments become due that besides the
principal purpose of railway rehabilitetion
they shall ales be partly applied to immediate
educational purposes within the scope of the
recommendations of the Buxton Committee. If
these proposals recommend themselves to His
Majesty's Government the National Government
will proceed to appoint a Board of Trustees to
edminlater the fund on these lines.
4.
In reply to such a communication His
Majesty's Government would agree to remit
forthwith to the unfettered control of the
National/