The Council’s Grant: Dealing with the report of the council of the University, Professor Baring spoke in appreciation the annual grant of £15,000 from the City Council, and made special reference an, offer of £500 per annum from the coal owners of the South Midland District, applied partly for stipend attached a lectureship in mine rescue work the area covered by the South Midland District, the lectureship to be connected with the Department of Mining in the University and partly for travelling expenses to and from mine rescue stations, etc. was very gratifying find that the coal owners appreciate what they were trying in the University in connection with mining matters. In seconding the Vice-Chancellor’s proposition to adopt the Councils report, Mr. Pinsent spoke of the need of an increase in the endowment fund applicable to stipends. He mentioned with gratification the donations of £3,000 from Mr. J. A. Kenrick and £1,000 from Mr. Edwin Malins. Mr. Pinsent referred to the unusual fact of a surplus this year of £2,500 but added that it did not represent the real state of the finances, and there were certain outgoings in the future which would quickly account for it. The University, he said, could only be carried on by very substantial grants from the nation and from the immediate locality. … …
Transcribed in whole or part from scanned originals: Presented with or without modified text and punctuation. For absolute accuracy refer to the original newspapers. Source: The British Newspaper Archive.
Referenced
GRO0435 Devonport: Hume Chancellor Pinsent: 1857 – 1920