EDUCATION BOARD'S FUNDS.

New Zealand Herald, Volume LIX, Issue 18078, 1 May 1922, Page 4

EDUCATION BOARD'S FUNDS.

PROCEDURE SN WELLINGTON.

THE DEPARTMENT OBJECTS [EX TELIGB.APH.—PBESS ASSOCIATION"-] WELLINGTON. Saturday.

The seci-etary of the Education Department wrote to the Wellington Board stating that the department objected to the board paying interest on

investments into the gen«ral fund, and insisting that interest must follow capital and be credited to the account from which it w«ts derived. Exception was also taken to the expenditure on general account exceeding vhe receipts by £2003.

The chairman said the. practice with regard to interest was of long standing, and had the approval of the Government auditors. He also referred adversely, to the new regulations regarding technical and life-saving classes. They had eight small technical centres, and four of them would not now be able to carry on. They should protest strongly against the attitude of the department. The general account grant to th« board had been unwarrantably reduced in spite of increases in costs of all sorts.

Members of the board were practically unanimous in condemning the department's attitude. One member declared it was about time a Royal commission was appointed to investigate its methods. The results would astonish the community. It was decided to return a reply that the Audit Department had for years held the board's procedure with regard to interest to be correct.