CARNEGIE'S COLOSSAL EDUCATIONAL TRUST

Auckland Star, Volume XXXII, Issue 167, 27 July 1901, Page 3 (Supplement)

CARNEGIE'S COLOSSAL EDUCATIONAL TRUST

FOR SCOTTISH STUDENTS.

Mr Carnegde, at the end of last week, signed the deed creating the Carnegie TTust for Scotland. He transfers to the trustees, all distinguished sons of Scotia, bonds of the United States Steel Corporation of the value of £2,000,000, bearing 5 <per cent, interest, and having a currency of*"so years. The administration of the trust is to be conducted by an executive committee of nine. Mr Carnegie has wisely refrained from formulating a rigid' cast-iron scheme, and while indicating the anain lines on which the income is to 'be expended, gives the trustees full power to work out. the details, and also power by a two-thirds majority to modify the conditions under which.the funds may be applied in the manner best adapted to meet the purposes of the donor according to the changed condition of the time. The trustees are to expend the annual income of £100,000 in the manner best fitted to promote the following objects: —

(a) One-half of the income is to be applied towards the improvement and expansion of the Universities of Scotland in the faculties of science and medicine, also for improving and extending the opportunities for scientific study and research, and for increasing the facilities for acquiring a knowledge of history, economics, English literature, and modern languages-, and such other subjects cognate to a technical or commercial education as can be brought within the .scope of the University curriculum by the erection of ■buildings, latx>ratories, class-rooms, museums, or •libraries, the providing1 of efficient ap-

paxatus, books, and equipment, the institution and endowment oi professorships and lectureships, more especially scholarships for the purpose of encouraging research in one of the subjects before named.

(b) The other half, or such part as may be requisite each year, is to be devoted to the payment of the whole or part of the ordinary class fees exigible by the Universities, from students of Scottish birth or extraction, and of sixteen years of age or upwards, or scholars who have given two years" at'.cu-dance after the age of fourteen years at State-aided -schools in Scotla rid, or at such other schools and in-st^iu-ions ir Scot-land as are under the inspection oi the htWU Education Department. The students must have passed in the subject matter of the class for which payment o.C fees is desired an examination qualifying for .\amission to the study of that subject at the Universities with a view to graduation in any of the faculties. If any student- has shown' exceptional merit at the University, and may advantageously be afforded assistance beyoud the payment of ordinary class fees, the committee may extend such assistance, either in money or other privileges. They may withhold payment of fees from any student who is guilty of misconduct, or who fails within a reasonable time to pass_ the ordinary examinations of the Universities. Any surplus in any year from the income applicable to "b" is to be applied to "a." Extra-mural colleges, schools, or classes in Scotland, attendance at which is recognised as qualifying for graduation, may participate" under a to such an extent as the committee may determine, and the students thereof are to be admitted to the privileges of "b." In the case of schools or institutions in Scotland established to provide technical^ or commercial education, the committee may recognise classes which, thougii outside the present range of the University curriculum, can be accepted as doing work of a University level and may allow them and the students thereof to participate under both, "a" and "b."

lying the requirements under "a" and "b" is at the disposal of the commit* tee, who may expend it— (1) In establishing courses of lectures in convenient centres by professors or lecturers of the Universities or extra-mural colleges or schools in science, and the subjects before mentioned; or

(2) For the "benefit of eveningl classes of students in industrial or professional occupations during- the day; or (3) In any other way the committee may think proper towards furthering the usefulness of the Universities in connection with the purposes expressed in the trust deed and constitution.

Students of both sexes are to participate in the benefits of the trust, and as the interest falls due in a few weeks will enjoy Mr Carnegie's generous gift as soon as the Scottish Universities open in October.