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our proposals is such that they can and ought to be
considered now on their merits, and secondly, that a
decision should be reached on them as soon as possible.
In this connection it has been suggested that it might
perhaps make it easier for you to deal with them in this
way if it were agreed that any capital contribution to the
University on the part of H.M.G. should be set off against
any assistance which it might ultimately be decided to
make to Hong Kong from Imperial funds, in the light of the
appreciation of Hong Kong's financial position over the
next five years for which, as you probably know, we have
already asked. If you feel this suggestion would be
helpful, we should of course be very willing to recommend
it to Sir Alexander Grantham, who will be going out to
Hong Kong next month to take up his governorship.
8.
I very much hope that, in the light of the above,
has ful
you will be able to complete your examination of our
a
proposals, and let as have the favourable decision on them
་
We sincerely trust we may obtain.
7. I am sending a copy of this letter to Orme Sargent.
You sin
sincerely.
(sa) T.I.K. Lloyd