SCHOLARSHIP FUND

Dominion, Volume 25, Issue 94, 15 January 1932, Page 12

SCHOLARSHIP FUND

Taranaki Request to Senate ■l' •: • OPAKI ENDOWMENT By Telegraph—Press Association. Dunedin, January 14. A deputation representing educational interests in Taranaki waited on the University Senate to-day with a request that the funds accruing from the Opaki Reserve Endowment, known as the Taranaki Scholarship Fund, should be utilised to a greater extent than at present. The case on behalf of the deputation was stated by Mr. S. G. Smith and Mr. W. H. Moyes, principal of the New Plymouth High School. Mr. Moyes said that briefly the deputation asked for one scholarship per annum in a literary subject, one in mathematical and scientific subjects, and three agricultural scholarships to be awarded annually, each to lie tenable at Massey College. It was also urged that there should be provided from the residue of the annual Income an amount for scholarships to be awarded in conformity with the existing regulations governing Taranaki scholarships. Mr. T. B. Strong pointed out that the fund now totalled £39,000. the annual income from which was £2OOO. It was impossible for Taranal to use the endowment fully. Professor Hunter moved that the senate reaffirms its decision of 1924, and asks the Minister to take action to remove the present anomaly and injustice, and ensure that the revenue from the reserve shall be used for the purposes named in the Acts of 1868 and 1874. After a ’>rief discussion the motion was carrie '.