CO129-524-2 Hong Kong University- financial position- Chinese studies- future of the Chinese school and the Annual... 27-1-1930 - 12-8-1930 — Page 40

3, Ryder Street,

S.W.1.

2 a

39

December 10th 1929.

W.D.Ellis Esq.,

Colonial Office,

Downing Street, 7.S.1.

My dear Ellis,

requirements.

Herewith a note which will I hope meet your

I am enclosing three copies of the last

Annual Report of the University, I also enclose copy

of the balance sheet of the University for 1928, and of

the draft estimate of income and expenditure for the year

1929. These accounts will I think show you that the Univ-

ersity is spending up to the last penny of its income.

In this connection might I refer you to the concluding para-

graph of my report on the working of the University for 1928,

(pages 11 to 13 of the Annual Report for 1928.)

Enclosures

I am,

Yours sincerely,

w.w. It comell

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