TELEGRAM/
*
Draft
• The word Priority may be entered here, if necessary.
To:-
GOVERNOR
HONG KONG.
Mr. Hall M. Palmer
Mr.....
118
su rind dift.
Sidebotham
Repeated to :-
Com Sen, SE.A.
43
File No.
*
• SAVINGRAM
54147/1/A/51
Sent.
hours.
.194.
Mr.
Mr.
Sir
Permt. U.S. of S.
Parly. U.S. of S.
S. of S.
on same date
Deer (as
the
referred to
Priority-
To be transmitted:-
No.
Nil.
Reply urgently required.
In Clear
Code
Important.
Cypher
(24)
(3)
desi aunouncement.
Immediate.
Most Immediate.
your telegram. No. 812 base been
issues,
after date has been synchronised with
Comm General Sea,
Follomany/
C
the sour
the Hams
annerméemeus in
& Commons of Japanese
it has
2
to the disposal
us Cestonal
assets
Thest and brokered territines,
Distribution :--
Copy for 19261/63A
Further action :-
ecided aft
STET
Restricted. ConAdential.
Secret.
Top Secret and Nersonal.
My telegram No. 900 and your telegram M. 812
University Endowment Fund.
Personal from Sidebotham. Begins
In view of paragraph 6 of your savingram No.756 both
Morse and Lo recommended, and Secretary of State concurred,
that target for Endowment Fund should be $16 million and
it should be fomiddle for
it
if announcement was suitably worded balance of $4 million
Subject to pain if of this telegram sould be raised locally. It is proposed therefore that
London
in
announcement should be as follows :-
"The University of Hong Kong has recently sought
assistance from H.M.G. towards the creation of an Endow-
ment Fund of £1 million for the University.
As has recently been announced, the Japanese
Japanese
assets in the territories which were over-run by the
Japanese will be placed at the disposal of the Secretary
of State for the Colonies- be applied for the benefit
of all the territories so over-run.
the
After consulting the Governor of Hong Kong,
Secretary of State has decided that a sum of £750,000
to be
out of the assets so made available for the benefit of
ConFriby lad Hong Kong should be atributed by H.M.G. towards such
an Endowment Fund in the confident expectation that the
the
balance of £1 million required will be raised by local
/subscription
Wt. 23588/882 50m 9.49 Wa. & Co. 51/3