with fail in new & the present unrest in
China
$9000 in perpetuity is apunt
dial more then $50,000 if pludat
interest ct produce
and leannot se
the recessity or desirability of
desirability of this proposal.
Once the Ent. start an annual stipen, they will not be ath to with draw : & there is
no fort
reason
for letting the present prople
bund future generations & taxpayers.
any
of purport
از امیدهای اخر hthe athard
think, be a proporal to set ande a
capital
sum
the interst as
from usenue, & to ahot
a stipend. Then the
present generation it be paring for its
An
luxuries without burdening
Successors
their
But the Sucing will also mit
the luxury t
Subject to any mox cogent arguments having that the Zioshimater verf way contain, I
Mufan Gat has contributed piirte mough: & if it were not that the Univunty is die I hugand" "pet Camb" I do not where
to apple to this proporal The
that the proposal w. was harsheen
R3, I aper fevrally
mall
I
but if the Unsfficials
icials
want it & the financial
Situation appears to justify it I wd
Note
Ja leuf
see, which wo bring in
347
aper.
bring in say £5.00
pay
AM
a year. $9000 is very leigh Jory for a Peffererslife
new of small university.
A
With the great losses that have to be faced in
connexion with opium revenue, to say nothing
of losses resulting from the present distar-
bances in China, I do not see how the financial
position can possibly justify us in finding
from Govt. funds the salary of a Professor for
the University.
If the proposal is to be entertained, I should
much prefer the annual vote of a salary to
the vote of a large lump sum a salary can
at any rate be discontinued when a Professor
dies or quits office, and a large lump sum is
beyond the present means of the Colony. If a
salary is voted, sure'6,000 or 5,000 would be
ample. Professors can earn money by private
teaching, writing books &c.
We can only wait for desp.
All
14/11
"don't think that the perperal is justifiethe
in present cirin
- Wait
at all,
at but figure, Dt.14 atavel the 14.11
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