Mr. E, M. B. Ingram, Counsellor itish_ Legation, a "Sir Miles "Lampson, expressing re the Minister's hhis inability to be present. Sir Miles's "message sketched tory of ar-Fangements for the remission of the Boxer Indemnity, first anounced in December 1922, and culminating in the constitution of the Board of 'Trustees, the first meeting of which was held i' April 1982.
"It was my privilege to participate in the negotiations leading to the exchange of notes which constituted the agreement, and it was a matter of peculine" gratification personally to know there had been no deviation from the ten tinued the message. been minor adjustments in matter but the machinery on the whole worked ficient. ly on the lines Dr. Lo Wen-kan Replies Dr, Lo Wen-kan, Miniter of Foreign Affairs, expressed sotie: faction with the' place. for the com-Pleton of the Cantoa-Haskove all Way, and said he was also gratified tovJoamn. that the Board of 'Truss eof he ndemnty ussd wold ovate thole energy 10. the develop: ment' of education. and. that Future "Chinese. stulente. might be feat to England for education. He thanked Sie Miles Lampson for his message and_also for his work it Jeonnection with the negotiations for the return of the Boxer funds.
Dr. Ku Meng.yu, Minister of Railways, said that' while money was essential for construction, administration of funds was equally choukuo important. "He hoped there would bovcloser Sie-Britith co-operation in future for the development railways in China, bers use from the earliestimes of Sino-Bi ish rela tions Britain, had always taken paramount interest in Chinese rally characterised the work of all men bers." Ttwas agreed on the proposal of the Chinese Government that the bulk of the funds, amounting to clever. millions sterling, should be aprilled to the erection of an endowment for educational purpose am endowment, created. by. invest-mont of funds in railway and other produetiverenterprises in Chi Ca lence of Success, "The creation and control of the funds are the functions Board. "The work hitherto has urally consisted mainly of grant. ing loans out of the proceeds of I \dowment, for educational funds has been built up. Up to the: fend of 1982 thirty Toans had been made, totalling five million dolinrs and tivo and a half millions stsrliig, and throughout this year the Board had considered operations of much greater magnitude, 'The outcome of These depends on the continued punctual payment of instaln: ents as they fall' due, That "a the basis underlying the agreement, without which not only those, but all other endeavours of the Board would be sallified. The complexity and. importanes of the transactions undertaken by the trustees is manifest, and it i8 only fitting that the work should be carried on in suitable premises.
I am gled to know these are being provided, and shall continue to watch the Board's activities with keen interest and full confidence that their Inbours will be crowned with success."
Mr. Ingram added a personal reference t the importance of the called his own days in England thirty years ago when many Chinese were attracted to England representative of Western eivilis-'Unfortunately, he said, the interim, the number of dents from this country to Britain [decreased and he therefore hoped the Board would make every endeavcur to strengthen Sino-British etlby sending more students} to Brit 'Me. Calder-Marshall replied briefly stressed the mil bow fully the Board realised its obligations in taking special care to ensure that the trust reposed—in them' for maintaining the endowment and for providing for edueation, will be handed to their saceessors unimpaired. He described the new building aa a monument to Sino-British concord and amity.
The new building is to have two storeys" designed in' teo-Chinese style. Its root is to he of green: laced tiles and the edifice, costing '860;000, will be one of the. most boaotifal in Nanking. The chitect Me. 8. S. Ran, ie an Ameri-fan returned student who was Te-sponsible for' building Nanking' New Stadium.
Text read from the printed page and cleaned; old type leaves the occasional error.