the
I
result
of the
unders and
would
follows:
16
(i) sombs would pay £250,000
paso d
on
(1) The Universely
To HK HK would
To the University.
would unment
La
the H.K. Good loan
HK. would
have
the
amount
in
return would
receive $347.300 pa for 15 years which
t
each year
poorde each
in the Colony's estimates.
(iii) HK would (or could,
usl
the fase, oro $2.
000
To meet the
tem
it's loan
un
schedule for rehabilitation et
the University. [c. Income claim 2 of
Para 2 of No. 2.).
This is ingemous
ingenious, but
16
15
me
depart entirely from the purpure for which
the grant was
あ
used
my
ongmally made. the £250,000
£250,000 ston
As
suggested
at
be
x of
in Wallaces munte of 6/5, and
new
xxxxxx
partly
Ama
g
of
in
para 2
M
rehabilitation
possibly prilly for the flopendetme tems
of No. 2
accordance
Thr
would
with
the
wish
be
the Chancellor of the Excheque that the
Frant should be
used
for Shabilitation
unsolved
and development.
This leaves the problem a of
To meet
of
recurrent
the problem in of Love
exfenacture, but part-
the Income teins
thus freed, might purpose, although
investment m
1401K. loan
Drj.com 19275/107/48 ? Minute
-propmal
J
in
be
para 2 of No 2,
Renemen
%
used
for that-
て
not attracted to the
7. Minute from Mr. Hallace to Mr. Harding 8 Minutes by Mr. Armitage -Smith Mr. Scarlett
&
·11-8-48
26-7-49