Wallace

SAVINORAM.

54247/47.

GO

GOVERNOR

HONG KONG

sai!

ཝཱཧན

Gay - M.KR. Supell OBE

Try.

1.

Personal from Mayle.

Your telegram No.1592.

Hong Kong University.

Contents of your telegram were

communicated to sloss and discussed with him.

2. It was at first thought that there

was → possibility of meeting capital

rehabilitation expenditure of Hong Kong

H.K$4,000,000 by grant from central C. D. & W. allocation for higher education in the

Colonies.

اسد

257-

C.D. & W. assistance is now however.

available for rehabilitation.

3. Approach was then made to Treasury

for assistance from H. M. G. suggested in

I am very sorry paragraph 4 of your telegram.

to say that this has been unsaccessful.

H.M.C.'s policy at present is of necessity drastic reduction of overseas expenditure and

in these circumstances Treasury feel that

singling out of Hong Kong University for

special capital assistance from the U.K. cannot

Then shower to obycation

be justified. They are however agr-cable to the capital and recurrent charges necessary

to re-establish the University being borne on

are th

the Hong Kong Estimates and would be prepared

to

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