UNIVERSITY ROWING CLUB

Press, Volume XCIX, Issue 29270, 30 July 1960, Page 6

UNIVERSITY ROWING CLUB

Funds Frozen By Students’ Body Until the fund-raising ventures of the Canterbury University Rowing Club satisfy the Students’ Association executive, financial support will be withdrawn and all club funds resting with the association frozen, according to the latest issue of the students’ newspaper. "Canta.” At a recent meeting of the association’s executive, it was felt that some clubs were beginning to take grants as read, and budgeting their finances accordingly. “The rowing club over the last few years has incurred heavy debts, and in order to provide some form of financial backing, last year's executive promised the club a grant of money over and above its normal grants; provided that, in return, the rowing club last year raised the sum of £90." says “Canta.” “This it failed to do.

“The meeting therefore felt that the only alternative was to withdraw financial support from the club until such time as members showed themselves prepared to live up to the bargain concluded with the 1959 executive.** Mr I. A. Buckingham, the member of the executive who initiated the move against the rowing club, said the executive had no wish to be hard on the club buts imply wanted to make sure it received no preferential treatment over other university elubs. The executive, he said, had every confidence that the rowing club would raise funds and honour its obligations.