Abstract
THE University of Cambridge in general, and its scientific departments in particular, find themselves in a grave position financially as a result of the diminution of the value of money brought about by the war. Towards the end of last term the heads of the scientific departments presented to the Council of the Senate a statement showing that to provide for the efficient working of their departments on the pre-war scale, without making allowance for any extension of activity, an additional income of 17,000l. was required to meet the increased cost of wages and maintenance. They further pointed out that in addition to the higher cost of living a new factor had arisen, in that various departments had to face an increased competition with activities outside the University for the services of the most competent scientific men; and they were of opinion that an average increase of 50 per cent, in the pre-war payments to the teaching staff was required if the University was to continue to command the best scientific talent in the country. This increase of stipends would require an additional income of 15,000l., making 32,000l. in all.
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The Finanical Position of Cambridge University . Nature 103, 229 (1919). https://doi.org/10.1038/103229a0
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DOI: https://doi.org/10.1038/103229a0