CO129-610-3 Rehabilitation of Hong Kong University 15-2-1949 - 7-2-1950 — Page 112

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would be

The effect of this purposal that

£250, som provided by HING

would be invested in the Comm and wood wow m

whalilitation

(& meet Item 5-41 the

Schedule 1 Expertitive wonder the Rehabilitation Loon

grant & Hong Kup University), while the Hap Ke Gvernment world

before we could accept the analysis given

in your despatch of the University's

financial needs. We should like an

That

estimate of the effect/r

eff t/raising the fees

to 50% over the 1941 level would have on

the number of students, and how any fall

in that number would in turn affect the

University revenue. Your despatch assumes

an increase in the number of students,

and on that the plans for an increased

number of lecturers in paragraph 10 are

have been expresser wo feet Some doubts about the

based. We

justification for these proposed

appointments, and think further consideration

should be given to whether the uncertain

situation in China, the institution of the

University of Malaya, and the deterrent

effect of increased fees will not between

them keep down the number of students

below the level at which the expansion

envisaged would be justified.

3. We note that it is proposed to

invest H.M. G.'s grant in the rehabilitation

10

loan which will be repaid to the

University by equal annual drawings of

capital and interest over fifteen years;

showed

and that these amounts will be used to

meet the greater part of the annual cost of

the increased staff and expenses. The

actual result appears to be that the

£250,000 invested in the loan could be

used immediately to meet Item 5-4 of the Schedule & Expenditure under the

Behabilitation Loan gehedule - Grant to

Hồng