CO129-625-5 Hong Kong University- establishment fund 1-3-1950 - 31-1-1951 — Page 13

would contemplate contributing unless their contribution were to

be invested in gilt-edged securities.

Bafoendoring

In ordery-however, to enable me to.

3. In the above

circumstances

Furry I would be gled to new what steps the Hong Kong

Cemn

Government propose to take towards the creation of an Endowment

Fund and, if the money is invested in local public utility shares,

the whole of the capital

aum

d

whether in facta further contribution from V.K. funds is indeed

required.

h with the

be found

now

found from Hing thing comes increasing financial hudens with

being

Huls is faced

I

there

I fear some being able

sault of w little profect of EBOER.

Co

which

13

Tappercents that

passat ccnimio outbrok hittingting is far fines rody but

evartibution

to the Univeraly

make

CL

further

for the

the above purpose.