CO129-342 - Governor Lugard & Public Offices - 1907 [11-12] — Page 21

endow the hospital in the first instance with a sum

sufficient for the maintenance and treatment of forty

patients.

The cost of construction and

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equipment will probably amount to between $70,000 and

$80,000, towards which a sum of $42,000 has already been

subscribed by residents in Hongkong, while a further sum

of $20,000 will, it is expected, be raised without diffi-

-culty among residents in Kowloon. In fact it may reason-

-ably be anticipated that the whole cost of the buildings

will eventually be met by private contribution.

6.

The cost of maintenance with

forty patients (the estimated daily average in the im-

-mediate future) under treatment is calculated at $16,500

per annum, towards which annual contributions of $6,000

from private sources and $2,000 from the Tung Wa Hospital

have been guaranteed. The promoters ask that the Govern-

-ment will make good the remaining $8,500 by an annual

grant of $6,500 and an endowment of $30,000, which invested

at 6 per centum will bring in the extra $2,000 required.

7.

These proposals are, I think,

reasonable and I have accordingly to recommend that an

assurance may be given that upon the completion of the

buildings