E. Finance.
14, 83
1. Revenue.
34. Under existing conditions, the Annual Revenue derived from School Fees approaches $30,000 and without disturbance from epidemics would actually reach that amount. The fees (at $36 for Upper School, $24 for remaining classes per annum) have so far in the first four months of 1902 yielded $10,039 as against $9,780 in the same period last year.
35. It does not appear to me either wise or necessary to reduce this amount by $8,000 per annum, viz: $5,000 through rejecting boys of inferior Chinese attainments (Para. 38), $3,000 by reducing classes of 60 to 50 attendances (Para. 39.B).
Free Scholarships.
36. These are a very useful institution for encouraging education, but I do not see why their cost should fall on Queen's College, whose expenditure will through this cause be this year swelled by $540, half of which is caused by Student Interpreters at R.G.O. The Committee proposes extending this system (Para. 28). It appears therefore time to consider whether this expenditure of Government money should not rather come under the head of 'Charitable Allowances', whence Queen's College (and other schools) could by Quarterly statements obtain the amount from the Treasury, paying it back into the Treasury as Fees. The actual expenditure of Queen's College and the Education Department would be more faithfully preserved, and the annual cost to the Government would not thereby be increased, as Charitable Allowances are deducted from Revenue liable to Military percentage, the items being kept separate in Reports, thus:
Fees
E.
Finance.
14,
83
1. Revenue.
34. Under existing conditions, the Annual Revenue
derived from School Fees approaches: $30,000 and without distur-
bance from epidemics would actually reach that amount. The fees
(at $36.for Upper School $24 for remaining classes per annum)have
so far in the first four months of 1902 yielded $10,039 as
against $9,780 in the same period last year.
.35. It does not appear to me either wise.or necessary
to reduce this amount by $8,000 per annum viz:
$5,000 through rejecting boys of inferior Chinese attainments
(Para, 38). $3,000
reducing classes of 60 to 50 attendances.
(Para, 39.B).
Free Scholarships.
36. These are a very useful institution for encoura-
ging education, but I do not see why their cost should fall on
Queen's College, whose expenditure will through this cause be
this year swelled $540, half of which is caused by Student Inter-
preters at R. G.0. The Committee proposes extending this system
(Para, 28). It appears therefore time to consider whether this
expenditure of Government money should not rather come under the
head of 'Charitable Allowances' whence Queen's College (and
↑
other schools) could by Quarterly statements obtain the amount
from the Treasury, paying it back into the Treasury as Fees. The
actual expenditure of Queen's College and the Education Depart-
ment would be more faithfully preserved, and the annual cost to
the Government would not thereby be increased, as Charitable
Allowances are deducted from Revenue liable to Military percen-
bage, the items being kept separate in Reports.thus:
Fees
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