CO129-562-25 War Memorial Nursing Home- application for grant 25-5-1937 - 9-6-1937 — Page 4

N. CONFIDENTIAL

AIR MAIL.

Sir,

GOVERNMENT HOUSE,

HONG KONG,

25th May, 1937.

4

(Y)

53652/26

(8).

in

53652/36

With reference to Sir Andrew Caldecott's

confidential despatch dated the 21st December, 1936,

and to your confidential (2) despatch dated the 10th

February, 1937, on the subject of the War Memorial

Nursing Home, I have the honour to inform you that

the Committee of Management of the Home has now

applied to this Government for payment of the maximum

grant of $15,000 in respect of the current year.

2.

Actual cash subscribed for the Endowment

Fund on the 31st March, 1937, amounted to $218,000,

and a further $77,500 had been promised for payment

over the years 1937 to 1940 inclusive. The Committee

expects that the full amount of $500,000 will have

been received or promised by the end of this year and

the Chairman Sir V. I. Grayburn, manager of the Hong Kong

and Shanghai Banking Corporation, has offered his

personal guarantee that this will be the case.

3.

In the circumstances, and in view of the

urgent need of this institution for funds the Finance

Committee, who have been consulted, have agreed

informally to the payment of the full contribution

in respect of 1937.

THE RIGHT HONOURABLE

W.G.A.ORMSBY-GORE, P.C., M.P.,

&C.,

&C.,

&C.