(*3950-150) Wt. 46262-29 30.000 3/39 T.S.

695

C. O.

3

85

Mr.

Mr.

Mr.

Mr. A. J. Dawe.

Sir H. Moore.

Sir G. Tomlinson.

Sir J. Shuckburgh.

Permt. U.S. of S.

Parly. U.S. of S.

Secretary of State.

DRAFT.

from the public revenues of

Hong Kong which has latterly

350 640 amounted to a sum of Ds.350,000

a year. Its other considerable

source of income, viz. the

hom interest on endowment funds, has

been seriously affected by the

Japanese operations at Shanghai

and this source does not now

FURTHER ACTION.

amount to more than approximately

the figure of the Hong Kong

Government's annual grant.

3. It will be seen that

the recommendations in the

present report point towards

reforms and developments in the

University organisation for the

purpose of maintaining the

institution's aim to serve the

needs

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