CO129-524-2 Hong Kong University- financial position- Chinese studies- future of the Chinese school and the Annual... 27-1-1930 - 12-8-1930 — Page 213

5.

239

Government with regard to its contributions for University

purposes in the United Kingdom. I think I am entitled to

say that without these contributions, supplemented by grants

from local authorities, no University in the United Kingdom

could keep its doors open; and it, therefore, becomes pertinent to compare the position of the University of Hong Kong with that of certain typical Universities in the

United Kingdom. In the case of most of them, these

contributions and grants are in excess of 50% of their respective total incomes; while to cite individual instances, Bristol University receives 70% from these sources; Exeter University College, 78%; Leeds University, 59%; Nottingham University College, 67%; Sheffield University, 61%;

Aberystwith University College, 70%. So far as income from endowments is concerned, the proportion to total income in the case of Bristol University is 7.3%; of Exeter University College, 2.3%; of Leeds University, 5.7%; of Sheffield University, 5.7%; and of Aberystwith University College,

6.7. These figures are taken from the report of the Committee on Grants to Universities in the United Kingdom for 1924-5. Later figures are not available to me; but

I think it is unlikely that in succeeding years the

subsidies have decreased.

9.

The corresponding figures for the University

The

of Hong Kong provide a very striking contrast. University receives from the Hong Kong Government a subsidy of $50,000 per annum, which represents 9% of its total income; and an increase in the amount of the grant to $250,000 per annum would only bring the Government contribution to about 33% of the total income of the University. Moreover, as has already been stated, the contributions which have been made by members of the public

to