the following recommendations with regard to
meeting necessary capital expenditure estimated
at £500,000:-
(i) that the whole of the £250,000 promised in the
1948 Financial Settlement should be paid over
to the University immediately
(ii) that a further £250,000 should be made available
for use by the University from the Colonial
Welfare
Development and Higher Education allocation.
The second of these recommendations was considered
by the Colonial University Grants Advisory Committee, who
advised that it should be accepted.
The Secretary of
State therefore informed the Government of Hong Kong
that he had approved the provision of £250,000 from the
C.D. & W. Higher Education allocation for the University
and indicated that he would, subject to the fulfilment of
the conditions necessary for the University to become an
administering authority, be prepared to consider individual
C.D. & W. claims up to this limit.
Schmis
hese coactions refund int anagramts nursery the hath grants t aumating
both
<- be
Ilalise
is urgently necessary for building work to start in Hong Kong
as soon as possible so that the University may rapidly
be equipped to do its job in a fully effective way. I be alvimary cannot consider the sunl
of
is therefore necessary that money should be Immediately
available te finance bleky
part of de
any part
Love
aums
thbe
the trian
- "propose that the
mahl
available
$150,000 already provided for in the current estimates
upy I de pants ruuard (which should prove sufficient to meet the University's
until be
mi
In any case
at he is July. In
needs up to the end of the present habial year)thoutd
the
issues
CMM. E. s. vote and 6.D.W. be paid over to Hong Kong as soon as possible Ye woutd
Você
are
cargram
fimar
vey cinily
closely linked
and
must, be dish, also be glad if you could agree to the remaining £100,000
be
issued Emenuently
cmenuently in rapahim I the share
being provided in the 1951/52 Estimates so that it can
I
of the total capital expenditure to be borne from each
be paid over as barly as possible in that financial year. Conce
In other
•
ondr
it is douteful
wider d
fust £250000 of capital cxpenditul Auild /Finally
se
92
a
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caxy of anviffum from
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infanatio.