-2-
8
question of interest-payments on capital investments, seem
I therefore fully concur in the
likely to be justified.
views expressed by Sir William Hornell in paragraph 27 of
his minute. This matter will be dealt with in the Report #
which my two colleagues and I hope to present to the Universi
ties China Committee on our return to England.
Meanwhile
I have no doubt that Sir William's minute is receiving, both
in the Colonial @ffice and in the Foreign Office, the careful
consideration which it undoubtedly: deserves.
I have the honour to be,
Sir,
Your obedient servant
R.7. Johnston
Chairman of the China Universities Committee
The Under Secretary of State,
Colonial Office,
London, S.W.1.
Delegation.)