CO129-529-1 Diocesan Boys' School and Orphanage- appeal for money 2-1-1931 - 10-5-1932 — Page 33

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The Diocesan Boys School

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Extract of Report of Retrenchment Commission

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38.

Although the question as to the future

of the Diocesan Boys' School, Kowloon, has not

been specifically referred by the Government to the

Commissioners, and although they have been given to

understand that the matter is sub-judice, they feel

it incumbent upon them to sound a grave note of

warning in this connection, as the subject has

been forced upon then by the Head Master, the

Rev. Mr. Fetherst one.

39.

They would first of all note that the

Government has advanced to the Diocesan Boys'

School the sun of $175,000 and that at present the

School Authorities are in default as regards the

payment of sinking fund and interest. The Cannissioners regret to have to record their opinion that adequate safeguards have not been

taken for the security of these public funds, and they consider that in future any such advances of money or grants of land by the Government should only be made with the express sanction of the

Legislative Council.

40.

It would seem also to the Commissioners

a matter for regret that a site so fine and

extensive, and indeed possibly the best, in the

residential

* Encl Nol to (1) on 82798/1/31