CO129-567-13 Hong Kong University- King Edward VII scholarships 17-10-1938 - 25-1-1939 — Page 3

3

*

Les

one whose

Scholarship

temmates 21/12/38

on the assumption that the annual grant of £300

from H.M.G. would be received as in the past

(paragraph 2 of enclosure 3).

In paragraph 4 of the despatch the

Governor expresses the opinion that the present

would be a peculiarly unfortunate moment for the

disappearance of this annual grant, and I think

this opinion is quite justifiable.

As the Governor

says, it would indeed be a pity were a temporary

cessation of payment by H.M.G. to give the impression

that the latter's interest in the University were

waning.

? Subject to Mr. Mayhew's obsons. and

the comments of the Accounts Department, reply that

provision of the grant of £300 will be included in

the U.K. estimates for 1939 to 1940 which are now

to

in course of preparation; approve the utilisation

of the surplus for increasing the number of

scholarships to be granted in the next few years;

and say that the S. of S. would be glad to receive

details of the scheme which is finally agreed upon.

The proposals

A.N. Galsworthy

24/12

and achieve the

object of reducing the balance to a reasonable fijne :-

Balance at beginning 1938-9 Academic year (1/9/38)

£888

During 1938-9 there will be 115 scholars costing £4.50 and Utgrand 300

"

1939-40

1940-1

10

10

"

1941-2

1942-3 1943-4

•

300

"

400

400

"

300

"

440

300

"

300

1944-5 19456

18

"

H

//

4

9

9

8

440

360 360

320

"

#

"

₤3170

£118

Balance 31/8/46 (end of

academic year 1945-6)

300

300 300

3288