1930-05-27 — Page 2

D.

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THE HONGKONG TELEGRAPH, TUESDAY, MAY 26 1930.

THE UNIVERSITY.

GLOOMY FINANCIAL

OUTLOOK,

was used for the housing” of artizans and coolies was con- verted during 1929 into a biologi-: cal laboratory. This was an In- dispensable development.

Ricci Ill.

"The gloom of the financial out-

During the year under review look obscures all other considera- tions," states the annual report an important addition to the for 1929 of the Hongkong Univer- hostel accommodation provided sity, a copy of which has just been for students was made by the received. The report deals at opening on the 16th December, some length with the financial 1929, of Ricci Hall under the situation, and with reference to management and control of the Jesuit Fathers of the English the recommendations of the Salaries Committee, says that as Assistency. This hostel is situat things have turned out the adoped on the Pckfulum Road within tlon in their entirety of the in- easy reach of the main University creased salary scales would land buildings and has accommodation the University, if the increased for annual subvention was not voted, In an annual deficit of not less than three lakhs.

The report states:

the

The

thirty-five students. resident staff consist of a Warden, qualified doctor and a qualified engineer. The hostel has a library of its own and special

for ex On the 31st December. 1929, facilities are offered

thetramural tutorial work.-- on there were 315 students rolls of the University.

A Women's Hostel. Thirty-seven members of

The scheme for providing a University were presented for hostel for the women students of bachelor degrees at the last Con-the Universtiy is procceding gregation, of these eighteen came slowly. Up to date a sum. of from the Medical Faculty, eight $16,000 has been collected and the from the Engineering Eaculty estimated cost of the scheme is and eleven from the Arts Faculty $120,000. In 1929

thère were Five of those to whom the degree thirty-eight women studenta on of B.Sc. (Engineering) was award-the University's rolls and resid- ed at the Congregation of 1929, ential accommodation could only were awarded honours by the be arranged for fourteen of them London University Assessors-one in the premises rented for the in the first class and the remain-purpose by the Church Missionary ing four in the second class.

Society.

Dr. Mustapha Bin Osman who graduated in the Medical Faculty in 1924 qualified in 1929 in pathology for the degree of Doctor, of Medicine. Mr. S. B. Ahmed who graduated in the Engineering Faculty in 1925 qualified for the degree of Master of Science (Engineering). the thesis which he submitted being entitled, "The theory of earth pressure as applied to retaining walls."

Careers for Graduates.

There was a time when there was no room in the commercial and industrial firms of the Colony for the University graduate; but he is now wanted by some such concerns and the demand for him is growing. Firms like Messrs. Butterfield and Swire, the Asiatic Petroleum Co., and the China Light and Power Co., have.indicat. ed not only their willingness to The Chinese Library.

encourage the University's gra During the period under review duates to employment with them the University received a donation but also their intention to provide of $120,000 from Mr. Fung Ping them with facilities for showing Shan for the provision of a Chi- their worth in actual practice. nese Library building. Mr.. Fung Messrs. John Swire and Sons Ltd., Ping. Shan's gift comprises $100,- London have also recently ap- 000 for the building and equip proved a scheme whereby two ment and $20.000 as a contribu-graduates elected by the Univer tion to the University General sity as likely to profit by special Endowment Fund to meet the study and, practical experience in maintenance charges of the England will hè annually provided Library. In providing a sum of with free passages. money for the recurring expendi- The question of the larger ture involved in the maintenance employment of graduates in Go- of the Library, Mr. Fung Ping vernment service was also under Shan has set a most commendable consideration during the period precedent. It is sometimes for under review and the Government gotten that when a particular have recently: decided to appoint building is put up by the Univer-two qualified graduates in sity on the basis of a specific gineering to probationary posts donation, the University has as in the Public Works Department.. a matter of course to be financially responsible for the buildings" maintenance-an item in Rome cases of considerable magnitude. Chater Memorial Scholarship. A new scholarship entitled the Chater Memorial Scholarship was instituted last year out of the funds collected locally to com- memorate the late Sir Paul Chater.

The Financial Outlook.

en-

The gloom of the financial out- look obscures all other considera- tions. During the last six years the University has scraped along. paying its way and showing at the end of each vear'some balance in ita favour. The budget estimates for 1930 as approved by the Uni- versity Court in December last; show an estimated expenditure of The scholarship which is of the $666,345 as against an anticipated value of $800 a year and tenable income of $603,500. In other for 4 years at the University will words, in December, 1929, it was be awarded annually on the expected that there would be on results of the Matriculation Ex- the working of the University amination. The scholarship is during 1930 a deficit of a little over $60,000. Owing to currency open irrespective of race or creed, to any boy or girl who, at the developments which have occurred time of the award, can produce since then the anticipated deficit evidence of at least one parent on the year's working can not be who has been an habitual resid-put at any figure smaller, than jent in Hongkong for a period of not less than ten years. The object of the scholarship is to assist Hongkong boys and girls who, without a substantial monet Ary grant, would not be able to attempt to take one of the versity's courses.

A Chater Clock.

$100,000.

Salaries Report. Reference has already been made to the Salaries Committee's Report (this reference is published elsewhere) and to the additional Uni-subvention of $200,000 a year for which, on the resolution of the University Court, application has A sum of $4,613.80 has been been made to Government. If the received from the Wardens of the dollar had remained nt. 1/8d. which was the rate at the time that the Armenian Churth, Calcutta, and certain friends of the late Six Court resolved to ask for the Paul Chater in that city. The increased "annual subvention, the University would have been in a donors desire that the money should be spent on a clock to be position to give effect to the installed in the tower of the main dations and at the same time to Salaries Committee's recommen- building of the University. Ar- rragements are being made with 4 local firm to have the clock Installed, as soon as possible.

Biological Laboratory. The building at the western entrance to the University which

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balance its budget for 1930, As things have turned out, the adop- tion in their entirety of the in- creased salary scales would land the University, if the increased annual subvention be not voted, in (Continued on Page 11.)

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