CO129-492 - Governor Sir Clementi - 1925 [12] - 1926 [1-5] — Page 296

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in regard to its present activities. Any extension of its scope will involve additional buildings. Taking these facts into con-

sideration, the additional capital sum asked for in connexion

with these improvements which I am anxious to inaugurate at once

cannot, I submit, be regarded as unreasonable.

I am convinced that the University of Hongkong should

and can play a great part in the China of the future and I place

the University's claim to a share in the Boxer indemnity with

confidence in the hands of Your Lordship and his Colleagues.

I am writing Your Lordship a separate letter with

reference to the debts outstanding to the University of Hongkong on account of Scholarships awarded by the President of the Chinese

Republic and various Chinese Provincial Governments and held by

students here.

I am, My Lord,

Your obedient servant,

sd. C. Clementi,

CHAN CELLAR.

University of Hongkong.

P.S. The dollar quoted in the letter is in each case the

Hongkong dollar. For the purpose of calculating the capital necessary to produce a recurring charge in Hongkong dollars interest at 61% has been assumed.

Rt. Hon.Visoount Willingdon, G.B.E.,G.C.S.I.,G.C.I.E.,

The British Consulate General, Shanghai.