NEW U.S. SCHEME OF EDUCATION

Wanganui Chronicle, Volume 89, Issue 301, 21 December 1945, Page 5

NEW U.S. SCHEME OF EDUCATION

SCHOLARSHIPS ABROAD USE OF SURPLUS FUNDS IN WHICH N.Z. MAY SHARE Recd. 9.40 p.m. Washington, Dec. 20. New Zealand may participate in an American scheme of self-perpetuating scholarships which bring foreign students to the United States and finance the studies of Americans abroad.

The United States jglans convert part of its remaining stocks and propertyin Australia, England, France, Italy and China into a self-perpetuating fund for this purpose, and the scheme’s sponsors hqpe ways will be found to extend the programme’ to New Zealand, India Norway and Russia. Senator Fulbright (Arkansas), a former Rhodes Scholar, introduced a Bill which would transfer from the Surplus Property Administrator to the State Department control over the disposition of all surplus property outside the United States and its island possessions.

The Bill, which has the Department’s strong endorsement, authorises the Secretary of State to accept the foreign currencies and credits and intangible rights of discharge of claims against the United States and make agreements with foreign governments for use of funds derived from the sales of surpluses for, firstly, financing studies research, instruction, library operation and other education activities or, or for, American citizens in schools and institutions of higher learning located in such foreign country, or of the citizens of such foreign country in American schools and in ; stitutions of higher learning located outside continental United States, including payment lor transportation, tuition, maintenance and other scholastic expenses, or, secondly, furnishing the transportation of citizens of such foreign country who desire to attend American schools and institutions of higher learning in the United States.