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Revenues and Requirements
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Excerpt from Revenues and Requirements: Report of a Committee
The Committee appointed under the following resolutions of the Senate and the Board of Trustees:
Senate resolutions, Saturday, January 10th, 1891:
"(1) Resolved, that the president, the vice-chancellor and the mover (Hon. Mr. Blake) be appointed a committee to inquire into and report upon the present and prospective revenues and the most urgent pecuniary requirements of the University and of University College, and as to the time, mode and order in which these requirements should be dealt with.
"(2) Resolved, that the memorials from the lecturers in German, French and Latin, and from tho lecturers in English and Greek, and all former memorials and reports of committees relative to the subject he referred to the above committee."
Board of Trustees resolution, Thursday, January 13th, 1891:
"The Board of Trustees, learning that the Government desires a full report as to the present and prospective financial condition of the University and its urgent pecuniary requirements, and the time, mode and order in which they should be dealt with, and that the Senate has appointed the chancellor, vice-chancellor and president a committee to inquire into and report thereon, appoints the some persons on its part a committee to inquire into and report thereon in so far as this Board is concerned in such inquiry."
beg to report as follows:
They have conferred with the members of the Faculty, obtained and collected their written statements, received various persons and deputations, examined into numerous matters involved in the reference, and deliberated frequently as to the course to be recommended.
They have thought it not irrelevant, but on the contrary important, to endeavour to set out some principles and theories on which, as they conceive, action should be based.
In view of the scope of the reference and of the condition of the finances, they have not attempted to frame an ideal organization, or even to dispose of all the claims forcibly presented. It seemed sufficient to deal with the more urgent claims, to an amount which there is some hope of overtaking in the course of the next two financial years, and to defer the residue till the conditions of the revenue offer some prospect of further relief.
In dealing with so great a variety of delicate and disputable points, and such a complication and competition of claims and interests, they are not so presumptuous as to affirm that they have avoided all errors of judgment, still less can they hope that they have met everybody's wishes.
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