CO129-610-1 Rehabilitation of Hong Kong University 3-1-1947 - 29-12-1947 — Page 59

GOVK FOR

Wallace

SAVING AM

2*63:

54347/47.

58

Personal from Mayle.

Your telegram No.1592.

Hong Kong University.

1. Contents of your telegram were

communicated to Sloss and discussed with him.

2. It was at first thought that there

was possibility of meeting capital rehabilit tion expenditure of Heng Long

H. K. $4,000,000 by grant from central O.D. & W. allocation for higher education in the

Colonies. C.D. & V. assistance is now however

available for rehabilitation.

3.

Approach was then made to Treasury

for assistance from H.M.G. suggested in

paragraph 4 of your telegram.

* I

regret

very

to say that this has been unsuccessful.

H.M.G.'s policy at present is of necessity

drastic reduction of overseas expenditure and

in th se circumstances Treasury feel that

singling out of Hong Kong University for

special capital assistance from the U.K. can ot

Tremmy

be justified. They are however agreeable to

the capital and recurrent charges nedess ry

to re-establish the niversity being borne on

- Hong Kong Estimates and would be prepared