47
Telegram from the Governor of Hong Kong to the Secretary
of State for the Colonies.
Dated 21st January.
(Received Colonial Office 10.59 a.m., 21st January, 1930)
Confidential. Your telegram of 18th January Scheme
for School of Chinese Studies at Hong Kong University
has my most cordial support. A Chinese merchant Tang
Chi hong generously has riven 60,000 for a building
to house this school and a site already has been provided
by the University. Cost of upkeep and maintenance of
school and its staff is estimated at $60,000 per annum.
Local
contributions collected by Hong Kong Chinese at
present totals $200,000 which at 7 per cent interest
produces $14,000 per annum.
Trade in the Colony is depressed and there is
little hope of further large local contributions to this
scheme. If the Rajah of Sarawak could give £50,000 and it
could be invested at 7% this would yield $35,000 at a
2 shilling dollar or a little more at present low silver
The Hong Kong Government would willingly vote
exchange.
from year to year balance of about $11,000. The professor-
ship at the school could be named after the Rajah.