w8m
27
The Hongkong Goverment in spite of the world-wide
financial stringency is fully alive to the malue of the
University and gives it a very substantial subsidy which
alone has saved it from bankruptcy, but more is required
to enable it to exert the influence which it ought to exert
Apart from a sum of 215,000 to pay off debts owing to the
University by Chinese students, a sum of £250,000 only has
been allotted to the University from the Boxer Indeinity.
(Mr. Amery I think was in favour of at least a million).
The interest on this sum would be £10,000 at most, and this
has only sufficed to meet the existing deficit due to the
fall in silver which has halved the salaries of the Staff,
and provide veral new appointments to the University,
(1). A Lecturer in Hechanical Engineering.
(2). A Reader in Philosophy.
(3). A Lecturer in Education.
4)
Several part-time appointments to the kedical
Staff.
1929
A scheme was prepared by the University in 1925 and
submitted to the Boxer Indemnity Committee. Its adoption
would have gone far to meet the evils which the Briti
Economic Mission deplores. Professur borster asks for 100
Scholarships (25 each year), tenable at the University for
students from the Interior of China, distributed between
Pekin, Hankow, Wuchow, Canton, Tientsin, Fuchow, and Swatow
at a cost of £7,500 (at the present rate of exchange) with
an additional ten post-graduate scholarships (five each year) to England for the best of these students from the
Interior, costing say £5,000. The high standard of the
Hongkong degree is recognised since it is the only one
accepted by British Universities.
**
The holding of the examinations for scholarships to
the liongkong University in the various towns of China would
have an excellent effect. "I was very much impressed,
says Professor Forster,"last summer when I was up in Yunnan fu which is a considerable distance inland by the wave of