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S, A. Rhodes Bequest Account. Receipts. £ s. d. Expenditure. £ s. d. Balance brought forward .. .. 9,653 16 7 Fixed deposit, Bank of New Zealand .. 9,000 0 0 Grant, S. A. Rhodes trustees .. .. 250 0 0 Post Office Savings-bank .. .. 1,259 Oil Interest .. .. ....' .. 385 4 4 In Bank of New Zealand current account 30 0 0 £10,289 0 11 £10,289 0 11 School oi? Economics Account. Receipts. £ s. d. Expenditure. £ s. d. Balance brought forward .. .. 2,123 19 10 Fixed deposit, Bank of New Zealand .. 2,082 0 0 Now Zealand University, National En- In Bank of New Zealand current account 0 7 I dowment Fund . . .. .. 039 9 0 In Post Office Savings-bank general Interest .. .. .. .. 94 15 6 account .. .. .. .. 775 1,7 3 £2,858 4 4 £2,858 4 4 G. G. S. Robison, Registrar. D. REPORT OF THE CANTERBURY COLLEGE, 1919. (The Canterbury College and Canterbury Agricultural College Act, 1896.) Visitor. —The Minister of Education. Board of Governors (H. D. Aeland, Esq., 8.A., Chairman). Appointed by His Excollency the Governor-General—Leonard Monk Isitt, Esq., M.P., and the Rev. Samuel Lawry. Elected by members of the Legislature—John Joseph Dougall, Esq.; Thomas Henry Davey, Es-q.; and George Thomas Booth, Esq. Elected by graduates—Very Rev. Dean Harper, M.A.; William Brook, Esq., M.A.; Dr. George Mackenzie Lester Lester, M.R.C.S., M.R.C.T., M.A. ; Arthur Edward S. Flower, Esq., M.A; J. R. Cunningham, Esq., LL.B. ; and G-. T. Weston, Esq., B A., LL.B. Eleotid by public-school teachers- Thomas Hughes, Esq., B.A. ; Jonathan Charles Adams, Esq., 8.A.; and Lawrence Berry Wood, Esq., M.A. Elected by School Committees—Charles H. A. T. Opie, Esq. ; Henry D. Aeland, Esq.; and Hugh Boyd, Esq. Elected by Professorial Board—W. M. Hamilton, Esq. Registrar.— L. A. Stringer, Esq. Staff. Professors. —Classics—H. Stewart, M.A. Mathematic-i and Natural Philosophy—J. P. Gabbatt, M.A., M.Sc. English Language and Literature—Arnold Wall, M.A. French and German —T. G. R. Blunt, M.A. Chemistry— W. P. Evans, M.A., Ph.D., M.S.CI. Engineering—Robert J. Scott, M.1.0.E., &o. Biology and Director of Studios in Science—Charles Chilton, M.A., D.Sc, M.8., &c. History and Eoonomics, and Director of Studies in Commerce—James Hight, M.A., Litt.D., F.R.E.S. Physics—C. C. Farr, D.Sc, A.M.I.C.E. Mental Science— O. F. Salmond, M.A. (N.Z.). Also lecturers, assistants, and demonstrators. EXTRACT FROM THE ANNUAL STATEMENT OF THE CHAIRMAN OF THE BOARD OF GOVERNORS, Finance. —The total revenue from all sources on the Maintenance Accounts amounted to £66,455 for the financial year. This sum is £10,281. in excess of the previous year, the revenue for 1918 being ,£56,174. The total payments on all accounts amounted to £63,677, being £11,239 more than payments for 1918, which amounted to £52,438. The excess of income over payments was £2,778. Government subsidies, grants, and capitation included in the above revenue amounted to £16,068; other Government grants amounted to £2,102, making the total receipts from the Government £18,170. The 'sum of £8,957 has been paid on account of capital expenditure, of which £4,376 has been met by grants.from Maintenance Accounts. The capital expenditure is made up as follows : Hostel sites—College, £7,041; Girls' High School, £100. School sites—Boys' High School, £881; Girls' High School, £67. School buildings—Boys' High School, £468. Biological Laboratory, £377. Lighting scheme, £23. The total sum paid in salaries was £33,205, being an increase of £4,559 on the payments for 1918. Tuition fees, including capitation for free places amounted to £17,155, an increase of £5,261 over the amount of fees received for the preceding year. College. —Two important matters mentioned in last year's report have been dealt with by the Board during 1919, namely, the establishment of a Chair of Education and the separation of the Chairs of History and Economics. The Chair of Education has been filled by the appointment of Major James Shelley, formerly Professor of Education at Southampton University College. It is to be hoped that the establishment of this Chair will greatly benefit the educational system not only of Canterbury, but of New Zealand, and that it will lead to the establishment of a National School of Education at Canterbury College. Applications have also been called for candidates for the Chair of Economics, and the Board should be in a position to make an appoint" ment by the middle of this year. There are for the first session of 1920 no less than 160 individual students attending lectures in Economics, and these numbers appear to fully justify the action of the Board in separating the Chairs of History and Economics. There are 110 individual students attending lectures in history, making a total of 270 for the two Chairs of History and Economics. If these numbers remain stationary it means extra assistance to the professors occupying the ("hairs. It is probable that the numbers will increase.