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

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

It would

agreement to the

be necessary

16

grow of £250,000

be

L

Ур

was ongurally

36

1968

desember

grant to the hoveraly,

we

attire Treamy

put.

which the

އ

އ

free

but antagnently

informed the Gout that

Chancellor of the Exchequer

et should be

used

464

1948

wahed

Qui-

for rehabilitation

and development in addition to available by H.K.

made

In the savugram

funds

No. 404 of 30.6. af

anggested part of

57 1948

the Gous

stoned be

ased

and

that t

75 1948

meel

L

would

The ₤250,

000

recurrent expatre

be unurse

the whole for capital development.

agreed

15

Fel

16

Lave

15

are

We

No 75, para 6,

this

although thes

been

a

Qeems

departive from the

our original idea.

The Geor's present propsal is

16

the whole of the £250,000

recurent

on

15 year

I hardly

and thes

such a

departure from the original idea

Luck

As regards the

am

that

expatre Starting

could

auggested

clear

agree

ہتے کا کر

not

very

extradi

very

curious

mechances

how they would with

but they

The Gov

Deem

15

me

Good apparently proposes

float a further instalment of the

32% Rehabilitation Lown

foto

مو

at least

(£250,000). Unlike the first-

$40,000,000

instalment adoch

where

a

Lucking Fund

f. 7% fm.

accumulated, apparently

the idea

is to make the next instalment repayable

by annual drawings at over 15 years. HK floated this type of loans in

1934

x1940

Governor's forpoal

seam

li be

tus

for

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