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  Item Reference: KCLCAL-1889-1890-697

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REPORT 51 10 regret also the severance of link which attached them to the memory of former eminent Principal in the retirement of Canon Lonsdale in consequence of his increasing age Sir Owen Roberts and Professor Wiltshire the Master of the Clothworkers Company for this year have been elected mem- bers of the Council but both retire in ordinary course this year and offer themselves for re-election The Council are happy to state that sum of £15 000 is this year placed upon the Civil Service Estimates for distribu- tion among some eight or nine University Colleges in Eng- land and that King's College is one of them The Council hope therefore that sum of at least £1 500 may be expected from this source in aid of the expenditure of the College and the fact of this general grant to University Colleges having been made is sufficient evidence that the deficiency which the Council have had to lament of late in their yearly balance- sheet is due to causes which are at present unavoidable in the conduct of the higher and more expensive education They have the pleasure to acknowledge with much gratitude grant from the Cloth workers' Company who have already in various ways given valuable assistance to the College of £200 annu- ally for five years The Salters' Company also have made grant for this year of £50 The pecuniary position of the College at the present moment is therefore more encouraging But the Council feel that the main condition on which the future of the College depends is the reorganization of Uni- versity Teaching in London and until the Report of the Royal Commission is published and action is taken upon it the Council cannot prudently take any action of importance in the development of the College On the whole they feel that they have much reason to be grateful for the manner in which the position of the College has been maintained during the anxious period of the last few years and they are confident there is good ground for encouragement in looking forward to the future
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