3.
above.
Sloss has been informed of position as
Understand from him that if it is
decided to go ahead with re-establishment on
pre-1942 basis there will still be a gap of
some $700,000 per annum between revenue in sight
and what will be required without taking into
account cost of rehabilitation of buildings and
re-equipment.
Sloss has urged that even if U.K.
support were limited to token grant, it would bring
in contributions from Chinese of between £100,000 and
£200,000 which would not otherwise be forthcoming.
This of course is in line with views expressed by
Sloss, as given in your telegram No.1413, with the
differences that it is now a question of only a
revent hor token grant and that this grant would not commit
H.M.G. to support of the proposals for a larger
University.
4. We are quite prepared to approach the Treasury
for a token grant on this basis though there is I fear
very little hope of success. For this purpose it
would be useful if we could give them an approximate
estimate of the Chinese contributions which such
a token grant from U.K. is likely to bring in. We
would go on to ask them if they would agree to a token
grant from H.M. G. if you were able to get a firm
promise of contributions from the Chinese of the
estimated amount. I appreciate the difficulties, but
should be grateful if you could possibly give us such
an estimate and for your views as to the amount of
the token grant we should ask for.
Ends.
(1010PT)
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