E.—l

58

No degree of Doctor was awarded (except in the case of a graduate admitted to an ad eundem degree) nor were there any Bachelors of Agriculture, Commerce, Music, or Dentistry. The University has not yet granted the degree of Doctor of Music, Bachelor of Agriculture, Bachelor of Dentistry, and Bachelor of Veterinary Science, but it is probable that degrees in at least Agriculture and Dentistry will be conferred in the near future. Finances of the Affiliated Institutions in 1910. (E.-7, Appendix.) The detailed statements of accounts of the New Zealand University, the four affiliated institutions, and the Canterbury Agricultural College, Lincoln, will be found in E.-7. The following summary will give a general view of the finances of the University Colleges. No notice has been taken of special trust accounts and of non-university institutions under the control of a College Council.

TABLE M4. — Summary op Accounts.

The University Endowment Act, 1868. The income accrued under this Act, and applicable to the purposes of higher education yet to be determined by Parliament, amounted, on the 31st March, 1911, to £295 0s. JOd., received from reserves in Westland. General. Expenditure out of the Public Funds on Education. An attempt is made in Tables N and Nl, 2, 3, 4, to analyse the public expenditure on the various branches of education, and to show under what heads the increase of expenditure in recent years has taken place; to give the expenditure per head of the population and per head of the roll of the schools, colleges, &c.; and to present a comparative statement of the increase in the number of persons under instruction. The graphs will be found to correspond with Tables Nl, N2, and N3, and are numbered accordingly. They enable a clearer view to be obtained of the advance in education during the past few fears. Tables N and Nl dve an analysis of the expenditure for the years 1909-10 and 1910-11 respectively.

Receipts (exc lusive c ->\ Special Trus Balances, 1909. From University Colleges. -3 § I Statu- ; i Governi Special and other. ment. A Build- I ings, % 4c. a i 1 § 1 I J Deficits, December, 1910. - j Total. o I : £ £ : £ .nckland .. .. .. 6,102 .. 4,000 'ictoria (to 31st March, 1911) 3,150 .. 4,000 lanterbury .. .. .. 27,925 )tago (to 31st March, 1911) .. .. 12,107 .. Total of four University 40,032 8,000 colleges 'auterbury Agricultural Col- 13 lege I I . £ 3,441 4,037 3,2R4 3,160 £ £ 496 382 74 1,879 11,228 1,053 '8,898 3,314 20,696 £ £ i £ 163 2,252 22 88 1,955 263 1,092; 3,733 1,157 616 5,023 1,256! 1,959 13,563 2,698 £ £ £ 500 16,970 13,949 ! 5,443 ... 55,741 32.713 13,922 5,443 500 119,379 2,750 7H0 1,702 5,294 .. 10,539 ' Incl [ding il,8()0 paid (annually) by t >y Uie Presbyterian Church lloai (1. Expenditure (exclusive o e of Special Trusts). University College. Deficits, 1909. - - — Salaries. General. ; Special. lufldink Adminis- DecembwiblO and tration, Interest, I December, 1»1U. Equip- Scholar- Ac. lotu - Auckland Victoria (to 31st March, 1911).. Canterbury Otago (to 31st March, 1911) .. £ 4,574 835 £ 544 8,640 8,187 15,324 14,090 £ £ 683 686 2,084 1,539 8,646 2,510 8,590 1,414 £ S 632 560 £ £ 6,420 2,189 24.055 12,224 £ 16,976 13,949 55,741 32,718 Total of four University colleges 5,409 544 46,241 14,953 6,149 1,195 8,609 36,279 119,379 Canterbury Agricultural College 1,770 838 7,381 550 10,539