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12)
£250,000 be transferred to the Hong Kong University out of the deposited funds, a sum of £200,000 being similarly transferred to the Universities China Committee in London:
(vi) That, as future instalments of the Indermity are paid, they should also be partly applied to immediate educational purposes, as recommended in the Advisory Committee's report, these instalments also being regarded as available for the principal purposes, namely railway rehabilitation and river conservancy.
2.
I gather that His Majesty's Minister at
Peking has been instructed that, if some such
assurances can be obtained from the Chinese Government,
the intention of His Majesty's Secretary of State for
Foreign Affairs is to instruct the Minister to inform
the Chinese Government that His Majesty's Government
will at once be able to remit all future payments of
the Indemnity by the Chinese Government, in the
conviction that, in due course, and after the necessary
legislation has been passed in Parliament, His Majesty'1⁄2
Government will transfer to the Chinese Government the
balance of the deposited funds, having first set aside
the two sums of £200,000 and £250,000 for the
Universities' China Committee and the University of
Hong Kong respectively.
3. I am not quite clear as to the exact
intention of His Majesty's Government in this matter.
is it intended to remit as soon as possible all
future payments of the Indemnity by the Chinese
Government? In other words, does His Majesty's
Government now propose to inform the Chinese
Government, at the earliest possible opportunity that
no