CO129-529-1 Diocesan Boys' School and Orphanage- appeal for money 2-1-1931 - 10-5-1932 — Page 31

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months' period, which have passed unchallenged

through the Government, I gather that for this

nine months' period staff salaries and pensions

cost $42,000, while the Government grant amounted

only to $87,545. The total income from fees and

Managers' funds, etc., amounted to $56,000, i.e.

more than seven times the amount of the Government

grant. If to the present annual grant of $10,000

the amount of interest and sinking fund charges

of $14,500 were added, the total grant for the

year would amount only to $24,5000, which is only

slightly in excess of the salary bill for the

English recruited masters on the staff.

In

Malaya the Government grant covers the difference

between the cost of the staff salaries as approved

by the Government and the fee income of the school.

In England and Wales the Government pay a capitation

grant for secondary schools of 7 guineas per pupil.

There are about 320 pupils in this Diocesan School

and the total grant for this number, calculated

on English rates, would amount to approximately

the same as the total grant of $24,5000, as now

suggested for the school. It has also to be noted

that the Government gave no grant towards the

school buildings, though it is true, of course,

that they provided the site.

6.

If the grant were increased in the manner

proposed for a period of ten years, it might be

possible before the close of that period, if the

financial position improves at home, for & fund to

be raised by the Church, either towards re-payment

of the Loan, or payment of the interest, or the

financial position in Hong Kong may so much have

improved that grants to all secondary schools may