CO129-625-3 Hong Kong University- rehabilitation (1950) 1-1-1950 - 31-1-1951 — Page 66

2. Drafts

54147/50.

Dr. "A" 65

[456B] Wt. 32483/800 100m. 11/48 C.N.Ld. 748

C. O.

Mr.

Ander son

14/x 16/10. Mr.Armitage-Smith 167x

Mr.

Hall

Mr. Adams Wets

the 5.6. Smith. 2x

Mr. Sidebotham

Permt. U.S. of S.

Parly. U.S. S.

Minister of State

Secretary of State

37/10

Your Reference...

PRIORITY

37.

Lei 34

31 11

(Mr Hall's signature)

2 NOV 1950

DRAFT. s. 0. LETTER

W. RUSSELL-EDMUNDS, ESt.,

& copies to acos 53198

Finance 5618

TREASURY.

? ¿

(13)/49

Copy of (19) with onclosures.

Copy of (12A)

B

Copy

FURTHER ACTION.( 124)

20

2ef44 (534)

w/end:

I cuby is W. Adams (IVC)

1, Fordon Square, W. C.t.

Recine ingently to consider question of endowment fund

Please refer to Kirkness's letter to

Moberly of the 22nd November, 1949, about the

provision to be made for Hong Kong in the 1950/51 C. & M. E. S. Vote in which mention was

made of the grant of £250,000 promised to

Hong Kong for the University in the 1948

financial settlement. As you know, 2150,000

of this money was provided in the 1949/50

Istimates, and was re-voted in the 1950/51 Estimates, but so far this money has remained

untouched.

In April this year, two representatives of the Inter-University Council for Higher

Education in the Colonies visited Hong Kong University and subsequently reported to the Council what financial help was in their view

needed if the University was to be able to

undertake necessary rehabilitation and

development work. Their Report was adopted by the Inter-University Council, and contained

inter alia the following recommendations with regard to capital expenditure estimated

at £500,000:-

(i) that the whole of the £250,000 promised

in the 1948 financial settlement

should be paid over to the University

/immediately.