(3/45) 14556A) Wt. 26930/440 50m. 9/45 C.N.Ld. 748
54147/3/45
181
C. O.
Palmer
Mr.
Mr.
扑
7 Take
in
Permt. U.S. of S.
Mr..
Mr.
Mr..
Parly. U.S. of S.
Secretary of State.
له
End of aralı
[low]
DRAFT.
It may occur to you that the procedure
suggestedve for financing the University'
Ca
S.49517/0
iffers from that adopted in the
es Collere (see Treasury
where the expenditure on
50749
FURTHER ACTION.
allotments and salariés is charged direct to
Government funds pending adjustment with
College funds when these can be made available
15 The reason for this different procedure appear
'S
to be that Morse, who acted as Treasurer to
^
the Hong Kong University, was also Manager of
the Hong Kong and Shanghai Bank where the
are
University's investments were held.
Aut
•
He was
thus able to pay allotments to dependants
during the period of the Japanese occupation
/from