3
ourplus, iz. £732;
& it was
o finally agreed
that this ourplus should be utilised for the
posision of
a
mumber of
extra scholarships during
The scheme
the next five-year period.
proposed & accepted by the thiorityy authorities is
set out in the encloane to the Col. Sec.'s letter
of 28/x/38 which forms enclos. 3 to (2) on 53611/1/38. M. Titchener's numite of
5/1/39 below (2) on that file shows how that scheuse eliminates the surplus funds;
but it also shows that the scholarship scheme
would have to
go iy
the board
very quickly of
the U.K. contribution were to be discontinued.
The question of whether this contribution might
be discontinued has raised the
in
my
mind.
following considuations
In para. 4 of (2) on 53611/1/38 the Governor indicated the unfortunate effect which the
disappearance of the pant would create, in new of
pront heads in the this. de
now
is no
development.
sending a despatch to HK.
We
au
Saying
that the
prospect of financial assistance from A.17.0.
towards the dis. for devlopment on the hims
indicated in the recent Report,
の
of
& the discontinuance
this annual ₤ 300 pant, following upon that
despatch, might
cause even
prater discouragement -