I have examined the emoluments enjoyed by Mr. Bowen-Rowlands as Secretary to the Sanitary Board (£360 to £420) and that enjoyed by Mr. Woodcock ($4,200 plus about $3,000 exchange compensation).

The main argument against the transfer is that the efficiency of the College may be prejudicially affected by the appointment of Mr. Woodcock to the Second Mastership. I see no reason, however, to anticipate that such will be the case.

I have the honour to be,
My Lord,
Your Lordship's most obedient,
humble servant,

[Signature: likely "Governor, &C."]

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