CANTERBURY COLLEGE.

Star (Christchurch), Issue 19986, 28 June 1920, Page 8

CANTERBURY COLLEGE.

BOARD OF GOVERNORS. m ”“ ! meeting of -{ho Board -f U>ia ai Uerbnry College was held TiIB CHAIRMAN'S STATEMENT. , The i;l hi , r * • Adams fur valuable liel-.o ‘ "t° !i ea , r -. said that the instiluI','; ,' hy the board were in urgent , 1 *’( £ V V£ ')j : f ):ll --‘t au« expansion in oiyler Uio d "’ Ui,: >ds made on tb<v'- Figures * * '^ ua3 pOiiit'jd to -the fact liiat every “dill i 1?" V 1 th * fntaro be eonfit i J cmai-uvl. and demands made on the board at t<m beginning of 1920 showed i c uld low hardly accommodate thoj-c yio \\ere knocking nt the doors and demardi ig iniiruetion in different branches of ednioij. the total revenue from , all sources on the maintenance account was £55,455 for tee hnancial year ending December 31, 1919. • was XlO.xSl in excess of the revenue for no previous year. The total payments on -'jcoonuts were £63X77. £11,239 more than lUi 1918. Uio excess of revenue over payments was ±2778. Government subsidies, grants and capitation included in the above, revenue, amounted to £16,0G0. other amounts amounted to £2102. making the total receipts from the Government £18,170. The total sum paid in salaries was £33,205, an increase of £4559 on t lie payments of 1919, Tuition fees, including capitation for free places, amounted to ±17,153 an increase cf £32.01 over tbo fees for 1918. The revenue for the tear on the College maintenance account, was £11.614, and (be payments were ±22.889. 'I be revenue in that account had increased by £174-9. and the payments by ±3066, as compared with the sums for 1918. The years figures showed n surplus of £725, The principal items of expenditure in tbo College maintenance account wore:— Salaries, £13,958; College library, ±190; interest, £933; hostels, ±3163; contributions to Engineering School, ±1009; contribution to IV.E.A., ±350. All the achbols at, the College c-ecmod to bo expanding. There also had bean a large increase in other New Zealand colleges. That seemed to point to a realisation by the public of the advantages of higher education, and to a demand for such on the part of a larger section of the community than in the past. If that view was correct, the board must bo prepared for u very considerable increase in it? activities and responsibilities in the near future. The chairman continued:—“Tbo board is faced with dihioultics arising from the high cost of living in the same way as all other public bodies are. Although its revenues from endowments have increased, practically every servant of the board has received an increment to his salary io help to meet such cost/ This fact, token with the urgent necessity of expanding the activities of the board so as to brine the education provided up to modern requirements makes it very uecessary, for the board to look to other sources of revenue-than that derived from endowments, students' fees and Government grants. The first of these sources is necessarily limited; with regard to the second, everybody desires to bring university fees within the reach of the poorest students, and, therefore, it is not advisable to raise, further revenues by increased fees. Government grants must also bo limited, as the demands upon the Minister of Education for capital expenditure, from cue end of New Zealand to the other, run into millions. The universities of the United States _ and in England aro appealing to public spirited citizens to endow thorn with further moneys. Altogether twenty-two colleges in America are asking for £20.000,000 in subscriptions, and in almost every instance the object is ip pay to tbo professors a wage proportionate to the services rendered. Higher education is no longer the privilege of the rich, and if democracy is to succeed it must have educated leadership. It is. I hope, recognised iu New Zealand at any rate, that university education exists to benefit intellect and character, and not class and money,”