H.—4.

14

with an account of income and expenditure for the period of eleven months ending 28th February, 1875. I have, &c, Henry John Tancred, The Hon. the Colonial Secretary, Wellington. Chancellor. ♦

ANNUAL REPORT. In compliance with the 28th clause of " The New Zealand University Act, 1874," the Senate makes the following report to His Excellency the Governor of the proceedings of the University since the date of last report: — Under the authority of His Excellency the Governor, as prescribed by " The New Zealand University Act, 1874," the Senate met on the first day of March last, at the Government Buildings, at Wellington, and, on the day appointed by the Governor, elected Henry John Tancred, Esq., to be Chancellor, and Hugh Carleton, Esq., to be Vice-Chancellor of the University for five years. " The New Zealand University Act of 1874" materially altering the functions and duties of the University, the Senate have endeavoured during the present session loyally to carry out the provisions and requirements of that Act. The Senate have with this view repealed the statutes and regulations previously in force, and have enacted others in accordance with the present constitution of the University. A copy of these statutes and regulations has, as directed by the Act, been submitted for the approval of His Excellency the Governor. The Senate have drawn the attention of the Government to the necessity of immediate steps being taken for preserving from alienation certain educational reserves under " The University Endowment Act, 1868," and other Acts, for the purposes of a Colonial University, and securing their utilization for the purpose named in " The New Zealand University Act, 1874," namely, " for promoting higher education in the respective provinces in which such reserves are situate, in such manner as the General Assembly may from time to time determine." Copies of the resolutions passed by the Senate on this subject are appended to this report. The affiliated institutions have continued to do this work satisfactorily during the period under review. Several students have matriculated to the University, and are now pursuing their studies preparatory to the attainment of a degree. Four institutions have been affiliated to the University since the date of the last report— namely, the University of Otago; Christ's College, Christchurch; the Canterbury College; and St. John's College, Auckland. The Canterbury Collegiate Union has been dissolved, and consequently has ceased to be an affiliated institution. The scholarship examination was held in May and June, 1874/ and 18 scholarships were awarded. New regulations have been framed for future examinations for scholarships, and changes have been made during the present session in the value of scholarships, which the Senate hope will stimulate students, and so tend to the advancement of learning. One essay only was sent in last year for competition for the " Bowen prize," which did not appear to the examiners to be of sufficient merit to entitle the writer to the prize; consequently no award has been made. A statement of the income and expenditure of the University for a period of eleven months ending 28th February, 1875, is appended to this report. Henry John Tancred, Bth April, 1875. Chancellor. Resolution of the Senate of the University. March 3rd, 1875. " That a respectful application be made to the Colonial Government, representing the desirability of the immediate issue of a Proclamation by the Governor, required by the second paragraph of the 30th section of ' The New Zealand University Act, 1874/ defining the block of land in Taranaki, consisting of 10,000 acres, taken under the 'New Zealand Settlements Acts/ and referred to in the schedule of ' The University Endowment Act, 1868/ " Resolution of the Senate of the University. March 3rd, 1875. " That in addition to the endowments of land referred to in the resolutions passed this day by the Senate of the New Zealand University, the enclosure to the letter dated 3rd June, 1871, from the Hon. the Colonial Secretary to the Chairman of the Council of the University, shows that there are other blocks of land—including one of 20,000 acres in the district of Tauranga, in the Province of Auckland—in different provinces which have been officially stated to have been, or promised to be, reserved as endowments for a Colonial University.