CO129-576-5 Hong Kong University 13-6-1939 - 23-11-1939 — Page 81

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We have actualley written by both

Concurrently NISA

contributions might be capitalized in the form of a

single endowment grant. Mr. Sloss said he thought

this would be perfectly satisfactory.

Sir Henry Moore said that the Treasury

would probably want to know what measure of

financial assistance the Hong Kong Government would

be willing to afford, and what would be the probable

amount derived from local subscriptions. In reply to

a question by Mr. Gent, Mr. Howe said he thought

little help could be forthcoming from the various

funds in China, such as the Boxer Indemnity Trust,

since this fund now received no income from the

Chinese Government and was therefore thrown back on

its capital resources. Mpr. Sloss said it was no good

expecting money to be raised in Hong Kong until the

war was over, since war purposes constituted a steady

drain on Chinese private charities. But what could

be done at present was to obtain a definition of the

policy of the Imperial Government as regards the

Hong Kong University which would facilitate the raising

of funds later on.

Sloss agreed with Mr.Mayhew's

Mpr.

suggestion that what the University wants is to be

told what is its task in China and to get on with it.

Sir Henry Moore therefore suggested that the

first thing to do would be to try and get the

declaration of policy to which Pr. Sloss attached such

importance, and that the best procedure would be for

the Colonial Office to write to the Foreign Office, and

on the basis of their reply get the Treasury's

concurrence

7.