CO129-610-3 Rehabilitation of Hong Kong University 15-2-1949 - 7-2-1950 — Page 98

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m 1958-51.

University involving the use of H. M. G.'s

grant and also C.D. & W. assistance from

the Higher Education allocation.

proposals included the immediate

These

investment of H. M. G.'s grant as a lump

sum and, if approved, would therefore have required the paying over of the whole

£250,000 in one sum. The proposals were

considered here informally by the Inter-

University Council for Higher Education in

the Colonies, who however intimated that

they would prefer not to comment until

their representatives had visited Hong Kong

(which they propose to do early in 1950).

The Gov rnor has been informed of the

position by semi-official letter. It

seems therefore most unlikely that any

proposals involving the use of H. M. G. 's

grant will be approved in time for any

money to be required within the current

hail financial year. and

aus vill

8. So far as 1950/51 is concerned,

it would seem that the best course is to

provide for the whole £250,000. It is

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true that we do not know what shape the

finally approved proposals will take, but

we cannot rule out the possibility that

it may be that of the proposals at present

before us. With such proposals in existence

it seems to us that we ought not to plan for less than the whole requirement. And We

therefore propose that this should be

provided for.

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