CO129-593-5 Rehabilitation of Hong Kong University. For extracted photographs see CN 3-45- Provisional Powers Committee 21-8-1946 - 23-12-1946 — Page 182

(3/45) 14556A) Wt. 26930/440 50m. 9/45 C.N.Ld. 748

54147/3/45

181

C. O.

Palmer

Mr.

Mr.

扑

7 Take

in

Permt. U.S. of S.

Mr..

Mr.

Mr..

Parly. U.S. of S.

Secretary of State.

له

End of aralı

[low]

DRAFT.

It may occur to you that the procedure

suggestedve for financing the University'

Ca

S.49517/0

iffers from that adopted in the

es Collere (see Treasury

where the expenditure on

50749

FURTHER ACTION.

allotments and salariés is charged direct to

Government funds pending adjustment with

College funds when these can be made available

15 The reason for this different procedure appear

'S

to be that Morse, who acted as Treasurer to

^

the Hong Kong University, was also Manager of

the Hong Kong and Shanghai Bank where the

are

University's investments were held.

Aut

•

He was

thus able to pay allotments to dependants

during the period of the Japanese occupation

/from