vis-a-vis H.M.G.
This gives general cover for the
proposal in paragraph 3 of your telegram to go to
the Legislative Council for recurrent expenditure
Cate
and would if you agreed and could find the money-
give similar cover for capital expenditure to be
charged against Hong Kong Estimates.
4. The following suggestions as to other possible
ways of finding funds may be useful to you:-
(a)
(b)
(c)
(a)
5.
Hong Kong War Memorial Fund, if there is likely to be a balance available after expenditure against the First and Second Schedules under the Ordinance has been met.
of present perproud the mat form pussauds Ilvan There may be certain items/which might perhaps be met from C.D. & W. Funds, thus releasing corresponding amount towards re-establishment of University.
Possible limited assistance from British Council from its foreign expenditure in view of value of University in Sino-British cultural relations. This is being investi- gated, but prospects not good.
Local subscriptions.
In connection with sub-paragraph (d) above,
we have noted paragraph 1 of your telegram; if prospects
are poor, possibly Government dollar for dollar
contribution up to an agreed limit might help.
6. Subject to suggestion in paragraphs 4 and 5
above there seems to be no alternative to meeting
capital grant of $4,000,000 as well as recurrent
deficit from Hong Kong funds.
-
7. I am afraid that the foregoing is very disappointing.
May we assume that you will now discuss the matter further
with Universith Authorities, and put up proposals for
Government assistance towards re-establishing University
on 1941 scale? Perhaps you would like at the same time
to suggest the terms for a public statement regarding
the future of the University to be made simultaneously
here and in Hong Kong.
8.
Figures of annual recurrent expenditure in paragraph 3
of your telegram are close to those in University Advisory
enditure on larger project.
No comments yet.
Private notes are available after approval.