CO129-593-3 Rehabilitation of Hong Kong University. For extracted photographs see CN 3-45 12-1-1946 - 27-10-1946 — Page 52

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This will, of course, involve assistance from U.K.

funds and I suggest that we should make a joint

approach to the Chancellor of the Exchequer with a

view to the acceptance by the Government of this

recommendation and the financial assistance from

U.K. funds which it involves. Some consideration

has been given to the financial implications of the

Committee's proposal in my Department and certain

proposals have been put to the Governor of Hong Kong

for his views. We hope to have his views and to be

in a position to make definite proposals within the

next few days. Our present proposals, to which I hope

the Governor will agree, would involve contributions

15 from U.K. funds of 600,000 towards the capital

expenditure and £30,000 per annum towards the

recurrent expenditure.