Abstract
I AM surprised that my friend Dr. Hickson, whose past residence among us lends authority to his words, should so greatly misrepresent facts as to say, in NATURE of October 3, that “the income of the [college] endowments is frittered away in the salaries of the heads, the stewards, the bursars, and the tutors of the pass-men,” the fact being that these endowments do not provide the salaries of either the stewards or the tutors. It is further difficult to see how estates can be managed without bursars, and how bursars can exist without salaries; how complex institutions can work without heads, and how heads can live on nothing; and how the payments to bursars and heads—the latter at least with stipends fixed by statute—is in any way connected with “the [alleged] unfortunate competition that exists between colleges.”
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BAYNES, R. Oxford Endowments. Nature 52, 644 (1895). https://doi.org/10.1038/052644a0
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DOI: https://doi.org/10.1038/052644a0
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