10
FOR 1933
The famous WOLSELEY HORNET
WITH
6
HONG KONG DAILY PRESS, WEDNESDAY, MARCH 15, 1933. HONG KONG UNIVERSITY SUPPLEMENT.
Constitution and Financial Organisation
WOLSELEY standardize EXCLUSIVE and EXTRA features
12EXTRA
33 HORNET
GRANTS. INCOME AND ENDOWMENT FUNDS
(BY W
B. FINNIGAN, REGISTBAR OF HONG KONG UNIVERSITY)
FEATURES 91,250,000 we desionin nd building for the accommodation of Chine, Japan, Straite Settlemente,
The College of Medicine for since been constructed through the numerous scholarships provided by Chinese founded in 1897 for the liberality of benefactors of varied the Government of Hong Kong and training of Chinese students in nationality and domicile. Recoat by private benefactions. The Uni- Western Medicine, was incorporat additions include the Ho Tung versity also provides for 50 ed under the name of the Hong Workshop built in 1924-25 out of depor scholarshipa by virtue Kong College of Medicine in 1907. contribution of B100,000 given by of
which, each person wbo It had no building of its own, and Sir Robert Ho Tung. A build has subscribed $50,000 and over. its teaching was conducted by per- ing which had previously housed to the endowment fund mission in various hospitals and artisans has recently been recon esminate scholars (up to a maxi- may other institutions in the Colony
structed and equipped as a school mum of four) to receive free bui Between 1907 and 1010 an Endow. of Biology out of funds presented in the University, ment and Equipment Fund of by Mr. Kyok Siu Lau. A DOW yersity to include Engineering and the School of Chinese Studies was Arts as well as Medicine. The cost erected out of a denation of 860,000 of the buildings and preparation made by Mr. Tang, Chi Ngong in of the site $240,000-was borne by 1910. The Fung Ping Shan Chin- Bir H. N. Mody, the originator of ese Library presented by Mr. Fung the Fund. The University was in Fing Shan WAR opened in corporated in 1911 and formally December 1938. Mr. Fung Ping opened in 1912, when it took over Shan not only gave 8100,000 for the the work of the College of Medi-building but also subscribed 850,000: cine. The buildings, including as an endowment fund towards its class-room accommodation for 360 maintenance,
The following EXCLUSIVE and EXTRA features are all standardized on the wonderful Hornet.
Forward engine mounting (exclusive), "Startix" automatic starting alextric direction indicators front and rear with white reversing light Kexclusive), centri-cast hardened cylinder liners (exclusive), centre cal pistons (exclusive), 4-speed gearbox, hydraulic brakes, sliding unshine roof, Triplex windscreen, leather pneumatic upholstery.
DODWELL & CO., LTD.
Hongkong
and
Canton
A P.B. 25.
students, three hostels, laboratories,
etc., together with playing-falds, occupied an area of 25 acres. In
ENDOWMENT FUND
Students come from all parts of Federated Malay State, Philippine nude, Java, Borneo, Siam, Burma, India, Ceylon, Australia and America. The present enrol mant is 364 of whom about 300 ara Chinese and the rest no Chinese, There are a women studenta în the University.
TRUTION FEE
The tuition ico is 8:00 a year and the hostel fee is 8300 a year which includes the cost of board and jodg-
of about $1,400 year represents at current prices the cost of a student's annual expenses at the University including vacation, books, sports, etc. It would cost a Chinese stud ent who goes abroad for higher education about 63,000 a year at the very least and this would not include travelling expenses.
1919 were opened the Schools of Contributions have also beening. It is estimated that a sum Physiology, Tropical Medicine, and made from time to time to the Pathology presented by three Chin-general endowment fund of the Uni- ese gentlemen. "The root idea of the University is to provide a place for Higher Education where Chin ese youths can remain under the influence of their own parents and guardians... subject to the strong control which Chinese opinion ex arts upon young men, instead of being adrift in a foreign country where & liberty unknown to students in the East is allowed to under graduates."
The Court.
versity. Among other donors were Mesare. John Swire and Sons, Ltd., who gave £40,000 to the pri- ginal endowment fund and subse- quently 8100,000 for a fund to pro- vide engineering equipment,
The late Sir Paul Chater contributed $250,000 to the endowment fund and
The original site of the Univer the Rockefeller Foundation endowsity was given by Government who ed the University with three chairs, have from time to time made fur namely, in Surgery, Medicine, and ther generous grants of land to Obstetrics and Gynaecology, the the University. As subsequently endowment in each case being enlarged by minor grants and by $25,000. Shortly after the Univer purchase, the University estats now sity was started the late Mr. Loke covers an area of about 38 acres Yew of Kuala Lumpur lent the between the levels of 160 and 463 University & sum of $500,000 free leat above sea level. of interest for a period of 20 years. This sum is repayable in 1838 and and there therefore an admirable spirited gentleman to emulate the opportunity for some other public late Mr. Loke Yew's example in this useful way of assisting the University.
THE VALUE OF UNIVERSITIES
Nailing Down Empty
Slogans'
** CERTAIN THINGS ESSEN. TIAL TO WELL-BEING ".
The Court is composed of life, ez-officio, and nominated members the Council is composed of tha Chancellor, the Vice Chancellor, the Treasurer, certain Government offi. cials, the Chinese members of the Legislative Council, Deans of the) Faculty, and two representatives of the commercial community, with power for the Governor to appoint kro additional members. The Sebate. consiste of the Vice Chan cellor, the Director of Education,!
Up to 1930 the University was in the Professors, and the Readers. receipt of an annual grant of As stated above the late Sir Hor. 850,000 from the Government of. musice. Mody bore the entire cost Hong Kong and was able to pay of the erection of the main build-its way but it was not in a posi- ing and additional buildings have tion to finance the improvements and developments incidental to the normal growth of a young Univer- sity. In 1930 the exchange `value of the Hong Kong dollar began to drop steadily and asthe end
Last July the Universities of the of that year the position becane British Empire met in Congress at so serious that the University au. | Edinburgh. This University was thorities were compelled to appeal represented. at the Congress at to Government for an additional which many a wise thing was said. grant to enable the University to
I can not refrain in conclusion balance its budget and to imple from quoting something of what ment already sanctioned and urgent Lord Meston, the Chancellor of the schemes. The Government grant University of Aberdeen, contribut was increased from 800,000 ed to the conference:- to 8350,000 in 1930.
"There are certain things," The strain on the financial re- Lord. Meston said. "essential to sources of the University was fur, the well-being of their peoples, ther relieved by the announcement which he believed their Universi in April 1981 that a sum of £205,000 ties were doing, which ought to be had been allotted to the University done by their Universities and of Hong Kong out of the Boxer which could not systematically be Indemnity Funds.
done except by their Universities. Paramount among those services is to his mind the dispersal of illu- sion. It is the fashion nowadays for them to lecture each ataer on the unwisdom of keeping their sons and daughters in ignorance of the mysteries of sex. For more my sterious than sex is mind. Of all its mysteries the strongest is its greedy acceptance of the impossible. It is this
with illusions
PAUL RENNET ET CIE.
Evening
Gowns
RENNET HOUSE
for the
Spring of
1933
Beautifully cut, these frocks of British fabrics are very reasonably priced at from $40,00 upward.
They have been speci
ally selected for wear in this climate and are
many of them-advancé season styles.
NATHAN ROAD, KOWLOON.
YOUR BUS STOPS AT AUSTIN ROAD
The University has thus been en abled to finance a programme of its most urgent needs including the complete re-organisation of the do partment of Chinese Studiea, the revision of the scales of pay of the sterling paid members of the staff and the institution of a Provident Fund scheme for the clerical estab. lishment of the University.
Nearly half the income of the University is derived from its gen- which the University spirit could} eral endowment fund. This fund ease and expedite
INCOME
:
is invested partly in sterling and First cousin to illusion is the catch partly in silver, the sterling sec-word; and here also their Universi tion of the endowment Fund is in. ties have a fertile field of action. vested iD British Government Catchwords seem to be as essential stocks, while the bulk of the silver to the popular digestion as cer- Boction is invested in first class tain muraing papers and patent mortgages in Hong Kong and medicines. Self determination and Shanghai.
bureaucracy, free trade and protec tion, nationalisation and rationali- sation the list is endless; and nins men out of ten never give sa in- telligent thought to their meaning. Their Universities could, and he believed that they alone could- insist on nailing all those phrases to the counter and dissecting them, instead of pinning them on to ban- here and marching after them in circles-from the speech of the Fice Chaniellor, Str William Farnell, at 1932 Congregation..
The estimated income of the Uni- veraity for 1933 is 81,014,900. The grant from the Govverment of Hong Kong, which is included in this figure, is 8380,00. The grant from the Hong Kong General Chamber of Commerce was, until recently, 810,000 and the annual grant from the Chinese Chamber of Commerce is $1,000.
The total sterling investments of the University amount to about £301,000 and the total of the silver investmente amount to somewhat over 84,000,000,
4
The income derived from endow. mente in 1983 is estimated at 8485,700 and the income from fees at $187,300.
Buildings and Site
The site of the University was given by the Government of Hong Kong. As subsequently enlarged by minor grants and by purchase, the University estate covers an area of some 30 acres between the levels of 160 and 460 ft. above sel level. The view from the grounds over the harbour is magnificent and the grounds themselves and beautiful---
In connection with, the fonda tion of the University, His Ma jesty's Government. granted a sum of £300 a year for scholarships for British subjects and His Majesty was graciously pleased to direct that the bolders should be called In the main buildings are housed King Edward VII scholars as a token of his personal interest in the University. Hi Majesty, th King is also Fatron of the Uni varsity and H.R.HL the Prince of Wales is an honorary Doctor of Laws of the University,
In addition to the King Edward VII scho hips, there are other
the chemical and physical labora tories, the University library end portions of the engineering labora torics. They include also the Gront Hall, à senate room and the lecture room and the lecture and alany rooms used by the Faculties of Engineering and
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