1939-05-31 — Page 27

Wednesday,

HONGKONG TELEGRAPH

May 31, 1939.

Mimary, Suprema Curz

Registering In Colony's National Register

REGISTRATION BRITISH SUBJECTS

PLEASE PILATAP VERI

The Next Twa Wechs

A

HONGKONG UNIVERSITY IS NOW FACING BANKRUPTCY

SCENE AT THE RECISTRATION

OFFICE

TO-DAY IS FINAL DAY TO HAND IN YOUR NAME

Colony's Conscientious Objectors Do Not Fear "National Register"

BECAUSE the information would be invaluable to an enemy as indicating the potential civilian strength of the Colony, the total number of Britons registered under the Registration of Persons Ordinance will never be divulged.

Punishment for non-registration after to-night includes a maximum one of $1,000 with the alternative of imprisonment,

warned that the excuse of lack of knowledge will not be accepted for fallure to register before to-night,

Annual Report Shows Serious Situation

THE HONGKONG University is facing the spectre of bankruptcy.

To avoid that undignified and intolerable situation, the University needs an added income of $240,000 a year says the and $1,000,000 for capital expenditure, quinquennial report on the work of the University, which has just been published.

stand out for attention. Under exist- tug circumstances the need becomes Imperative.

The collapse of the Univer- sity's investments in Shanghai, which produce a big part of the

If the Univerally in to maintain ite total income, is shown to be one position and fulfil the purpose for of the chief causes for the insti- which it was founded it must move tution's present precarious finan-with the times and with world pro-

gress.

It cannot stand still: it must cial condition.

The report goes so far as too forward or it will inevitably go

back. Further development Intimate that the University Inessential and this postulates more

barely solvent.

funds.

Re- In spite of the grant received from the Boxer Indemnity Fund and the increased Government subvention, it has been very difficult to do much more than maintain what we have, Some Improvements have been effect- ed but little real development has been possible during the past few

and many

It hus 210 funds for normal development and expansion. search is carried out in some depart meats unter heart-breaking condi- tions, in others not at all; accommo- dation is cramped, the science depart- ments are overcrowded urgent needs remain unsatisfied,

This part of the report makes particularly doleful reading.

ទ emphasised that the situation in Shanghal has been, and

and ls, giving cause for grave anxiety in respect of the University's investments,

years.

The reduction in the normal rate of interest on Investments and losses due to exchange have hit the Univer sity very hardly and unless further is forthcoming the A sum of $3,586,320.75 of the Bnancial help

future

is discouraging. capital of the University is invested

Another section of the report In Shanghal. The income from these investments has been sadly depleted, reveals that during 1038 the total that was number of students enrolled wab 404 and the reduced income received lins suffered further reduc-men and 112 women. which is the tion owing to the fall in the exchange bigbest for five years. value of the Shangha! dollar.

Endowments Decrease

Eighty-eight of the 488 under- graduates in 1938 were scholarship holders.

Tuition Costs The prospects are problematical says the report, and it is impossible

Referring to the tuition fees; the To-day is the final day for persons.

It is frequently urged, report says: to estimate what the eventual posi- registration, and immediate

tion in Shanghai will be. action will be instituted as from

Since 1933 income from general when the question of attracting "There will be no exceptions," an 9 o'clock

who endowments has decreased by $72,200, students from the interior of China to-morrow against

official said. "Every person

the ices charged by Hongkong British subjects who have failed

Although TT is 'impossible to as- should have registered, and falled to at the totel income for 1038 was to Hongkong is being discussed, that to give in their names,

certain how many peuple have not do so, will be prosecuted to the ut- $38,819 lers than in 1933 when the niversity are too high and that they

income mucuated to $1,055,180.62.

In addition, expenditure has ex- should be reduced to about the same There has been a last minute rush yet registered, It is believed that a most extent of the

as those charged at Universities The Telegraph" understands that,

level as In China. for registration, over 70 persons substantial number are making them-

"This contention seems to overlook handing in their carda yesterday and selves liable to fine or imprisonment. of the large number of persons al- ceeded income for the last two years, approximately an equal number re-f

the very essence of the scheme for If the 1931 census is any guide, it ready registered, only an intinitesimal there being loss of $3,100 in 1037

that something fike one number marked their cards "con- and of $17,314 last year. appears gistering to-day.

Some, how-

British University at founding a The Registration Offler will remain thousand people have so far failed to selentious objectors."

themselves

Hongkong namely the provision of ever, announced

westeni higher education with

wi open until 5.30 p.m. this evening in register.

The authoritles have repeatedly) "medically unfit,"

western atmosphere and western order to accept the cards of tardy!

amenities, by the recruitment of pro- fessors and lecturers of high academic status from Great Britain, by main- thining a standard equal to that of English Universities, and by organis-

lines.

USE MASTER

UNDERWOOD

Sule Agents:

By 4P.M. You Realize

HOW EASY IT IS TO OPERATE

DODWELL & CO., LTD.andra Bul

Degi,

as

Precarious Sourco

can

its residential system on western

More than one half of the income from endowments comes from sterling Securities which are regarded as safe and good, but two-thirds of the balance Is Shanghai investments, once considered first-class, but which to day,

says the report,

only be described as precarious.

Thanks to an excess of income over expenditure for 1934, 1035 and 1830, the end of last year found a credit 10 $03,160.53. surplus amounting This sum represents the only fund against which deficits on the unnual "Besides the raison d'etre of the working can be adjusted. It lies in University of Hongkong is not to com- the general Investiment fand-of-the pete with Chinese Universities but to University and is earning interest render complementary service and to which goes to the general mainten- promote a good understanding: and friendship between British and unce of the University.

"The cost of the education provided in Hongkong University is therefore bound to be much higher than that provided by Universities in China.

Any reduction of this fund, either Chinese Ideal can be better fostered

to meet deficits or to finance capital

items of expenditure, involves a by the institution of scholarships and pro rata reduction in the University's fellowships to enable students from China to take advantage of what general income.

There is no reserve or sinking fund Hongkong has to offer rather than by to provide for depreciation on build- aiming at a reduction of tuition fees. ings. The University

In conclusion the report says: "The Committee

has reached appointed by 1lls Excellency the Gov- University

a critical Ternor in 1997 has rongly advocated stage. Its numbers now exceed

the formation of a sinking: fund and 75 any previous enrolment. This is a but Unis congratulation, suggested that $15,000 should be matter for allocated to reserve in every annual very growth brought the problem budget.

of the University's future into relief. The University has outgrown its existing buildings. The demands of Science are ever growing. Medical education is being overhauled and reshaped throughout the world and Income from University fees last the standard to which our medical year

amounted to

a special constituted a record.

The report adds that other me- thors of savings suggested by the Committee have been put into effect.

Record Foos

1105

$243.321.80 and training m

must conform is sense imposed on us from without. From 1934 to 1938 the average an- "The University cannot neglect ita aual income from tuition fees alone cultural side-Its departments of was $165,300, and the total income of literature, history and philosophy. the University from all sources dur-The Faculty of Arts and its

Ing the same period was $4,775,333.83 Department cannot be

or an average of $955,060.70 a year.

without

neglected

The income derived from fees reUniverselence

to prejudice all that the stands for the promotion presents 15.0 per cent. of the

and Learning, the and athers,

development and formation of the of students of 'all races,

total

income. In State

universities in China the percentage charities and creeds and the

about 11.8.

It costs the University about $-maintenance of good understanding

367.67

for me to provide education with the neighbouring country of

student, $1,014.01 for an China". engineering student, nnd $1,448.75 for

an

a collocation of circumstances arls student. Against this the disastrous to China the University la University receives a sum of $100 a year from each student who is not given a second chance to justify its

existence. enjoying a free scholarship.

Effect Of War

The Introduction to the report points out the effect the China War has had upon the University.

Pollical circumstances, in which the University in its early days found itself, conspired rapidly to dissipate

erous'nima of its founders. the

after twenty seven years It has disrupted the education those who are responsible for the

University are again given an oppor system in China, and the Hongkong tunity to assist substantially in a new University has had to answer a cali not only to enrol more. students from

Chinn

ture,

Uction of China?

Rods rarely offer second than it can comfortably ace chances, and when they do the price commodate in its lecture rooms is high. laboratories and hostels, but also to

"The University needs an added accommodate more than 500 studenta income of £15,000 yearzand 'a from Lingnan University,

Canton, who are given facilities for making million dollars for capital expendi Use of the University premises for Univeralty work under their own lec- turers after usual University hours.

The opportunity for Hongkong University to render essential servico to China Ir at hand, says the report. but adds that the University is hamp- ered by lack of buildings and con- Hotel, reports the loss of n camera comitant amenities, and by lack of valued at $120 from his room. funds to supply them..

Imperative

Ive Nood

Thefts Reported

Mr. G. F. Thomson, of Chardhaven

The theft of Manila ropa valued

[út $120 from a pontoon moored near

In normal circumstances the need Kat Tak, was reported to the police

for further Anancial support would by Mr. Hamilton, of the Airport.

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THE CHILDREN'S LAXATIVE

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Hero's Luck!

EWO

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BEER

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