The Daily News. THURSDAY, OCTOBER 19, 1905. TARANAKI SCHOLARSHIPS.

Taranaki Daily News, Volume XLVII, Issue 7955, 19 October 1905, Page 2

The Daily News. THURSDAY, OCTOBER 19, 1905. TARANAKI SCHOLARSHIPS.

Ihi'i-c si-en s at Inst some hopt l oi prolital)le use bi'ing made oft lie endowments fur higher education with-| in tin. .Province of Taranaki which uvrc si't aside for that purpose'by (if New Zealand University Act, IST I. W-hat is known as the U|>aku

Uvs-r\>\ whu-h constitutes the en-' downhills in question, has hitherto!

h administered <>\ ihv Tarnnaki 1 .and Iti ard. ami ihe mils which h.wr accumulated in tin; Treasury now amount to a considerable sum. Several attempts have In."'n made to ali» naU» these niilowm»'i»t s from iheir original pur|mse. and Victoria College has sUvnuousU but vainly tried to secure control of tho funds. Purinii tlw pri-si.nl session a Pill -dealing with the endowments was iniroduc»\l into the J.ogislut ivi: Council, and passul that Ch«mber. hut il was discovered thai according to Parliament a r.\ rtilfv it should have first hfi'M introduced in ■flic Power House. This course has bveu taken. and on Monday last ill- Kill was le-ad tiini 1 . and if (as il should) it survive? the eommitleo slagv» i\ should pass this si.Ssion. It is a \er\ short measure, .K-signed to I>riug higher education w iiliiii fhe reach oi deserving scholar. l * of the -district },\ means of "Taranaki Scholarships." and it piovid-.v that one or in-uc Mholarships of the annual valui. oi si\t.\ 'pound.-. tenable for llinv \i-ais (and possibly for lour y.-ai'.s) iit some College ivcognised by the University of Xlw 7-ealaird. 'Hn l scholarship? are lu b*t open tt> all candidates between thi» ages of si\t- tii and nineUvn win/ have reskh d in tin district tor two .wars, ami hnv«« not innlriculaUM or carried o« their st udi»*s at' ■ajn\ 1 college. They arc to Im- awarded on tile r-suits of tlm .Junior Scholarship *«r such other examination as th« Senate may approve, but notJuioiV than one scholarship can bo award-.d in an oiin \eai to any one school. Suiolars must matriculate within thm> months after receiving' the y.holarship. ami} pass -in one section of llje It. Sc. examination fli Ihe cud of their second \ear. Provision in nutde toi enabling a scholar to study m« dicine. engineering, vetcrlna'y, i,nd other sciences. The endowments will vrst in fliw Public Trustee, who will collect tht' revenues, pay the scholarship*. ami invest the balance at the Ijesti rat'J of interest available on rill-; koiitiji pacs Tile Storv. tell-'f.