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to inform you that I have received an answer from the said Department, which will show that your suggestions are receiving due attention on the part of the Authorities.
The Government has decided to advertise drawn Bonds in two English newspapers in that country, Japan Times and Japan Chronicle, for the convenience of foreign bondholders, and this has been put into practice since last March.
As to the other point of your suggestion, namely, the advisability of following the method inaugurated by the Austrian Government it must be given some more time for consideration before the Government will take a definite decision.
I remain, &c., (Signed) KENGO MORI,
UNIVERSITY FOR CHINA AT
HANKOW.
The Secretary, China Association,
159, Cannon Street, E.C.
Financial Commissioner.
SIR,
China Association, to Foreign Office.
China Association,
159, Cannon Street, E.C.,
28th May, 1914.
The General Committee of this Association have had under their consideration the question of the establishment of a British University at Hankow, and cordially approve of the general lines of the scheme which they understand has been submitted to His Majesty's Government.
We are of opinion that advantage should be taken of this opportunity to emphasise British predominance in the Yangisze Valley-it would be a matter for regret if Great Britain were supplanted by one of the other Great Powers in this important centre. America and Germany have already, with Government funds, assisted education in other provinces, and it is probable that if this country takes no steps in the near future one or other of these Powers will establish a University in the British sphere.
We believe that the Chinese Government would cordially welcome the establishment of a University at an important centre like Hankow. Experience has shown that the sending of students to Japan and even to America or Europe has not been a success, as in too many cases such students return out of touch with their own countrymen and only form centres of unrest which have added to the civil commotion of recent times. It would undoubtedly be better both for foreign and Chinese interests if these students were educated in their own country. Hankow or Wuchang is peculiarly well situated for a University, being easily accessible for the whole of central China, and close to the important province of Hunan, which has long been famous as the birthplace of many distinguished Scholars and Statesmen. It is far removed from Hongkong,
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