148

by the Buxton Advisory Committee. Further, as

an i sediate contribution to the ednostional

purposes of the fund it is the desire of the

National Government Shrt out of the

accumletion now on tepocit a and of £230,000

should be transferred to Hongkong University

and a sum of £200,000 should be plcned at the

disposal of the Universities Committee in

London for the assistance of Anglo-Chinose

studies. It is also their Intention as future

instalments beaɔse due that besides the

prinsipal purpose of railway rehabilitation

they shall also be partly applied to mediate

educational purposes within the scope of the

7430\æand :tionæ Teso andations of the Buxton Committer, II

there proposals recommend themselves to His

Hajesty's Usverment the pational Governeeot

will proge C to appoint a Board of “rustees to

adminlater the fund on these lines.

4. In reply to such a comau. loation Яis

I jesty's Goverment would agree t› realt

forthwith to the unfettered control of the

National/

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