10
If the Irvine Report is taken as a basis of an estimate of the cost of salaries the position would be:-
17 professors (£1500 a year
39
lecturers £880 !!
readers (£1100 a year
11
junior lecturers (2600 a year) Librarian, and Registrar (£1,500
25,500
3,300
26,400
9,600
3,000
Vice Chancellor (£2,500 a year) 2,500
70,300
Superannuation Contribution) 7,030
for above (10%).
77,330
Demonstators and Tutors (200) 7,000 Subordinate staff and servants 14,500 with superan uation contribution
£129,330
Departmental Maintanence Grants etc.
11355
The West Indies Report covering a slightly narrower range of subjects estimates the total of these at £2,800, of scholarships at £12,500 (a sum that probably ought to be much exceeded in Hong Kong). Research grants (which would exclude the Fisheries Research Institute for which the local Government has assumed responsibility) would require £6,000 a year, the Library £3,000
a total under or more and miscellaneous charges about £8,000 this head of about £52,300..
The University's resources.
12 ७४
The University could set against these recurring charges an expectation of about £22,000 from fees, £24,000 from endowments anu a subvention from Government which before the Mar was H.K. $350,000\=£21,850) - - a total of £67,500.
13 ax
It is
It is sufficiently clear to the Committee that the project of a Hong Kong University is essentially different from the University schemes for the West Indies and the African colonies.
The Its purpose is much more political than social and economic. scheme becomes possible only if H.M. Government is willing to make a
grant to meet the whole of the capital expenditure roughly estimated at £208,000, and an annual grant of about £100,000.
دی
This estimate makes no provision for Engineering or Architecture, a subject for which the Committee may wish to make provision. It does assume continued rinancial help from the Hong Kong Government on the scale approved before the
war.
Summary of Financial note.
1438
A.
It is again to be em, hasized that there is as yet no adequate basis for an estimate. The following figures merely aim at giving an idea of the order of the expenditure in which the "blue-print" would involve the University.
Non-re curing Charges (immediate)
1. Building
£148,000
2. Lab. equipment
£60,000 £208,000
/B