HC Deb 03 March 1871 vol 204 c1272
MR. DICKINSON

asked the Under Secretary of State for India, What will be the charge on the revenues of India of the proposed College for Engineers; what the building will cost; what will be the annual cost of the establishment; and whether it is in contemplation to attach any and what retiring pensions in favour of professors or others employed in the institution?

MR. GRANT DUFF

There will be no charge on the revenues of India on account of the Engineering College; the fees will be slightly in excess of the charges, including interest on the buildings and plant, say on £90,000. There will be 11 professors and instructors on salaries varying from £700 to £300 per annum. Of these, nine will be entitled to pensions under the provisions of the Superannuation Act, and two will not be entitled to pensions. If my hon. Friend would like the figures here they are—Annual sanctioned charge for College, as per regulations of Secretary of State in Council, £18,350; interest on buildings, &c, say £90,000 at 4 per cent, £3,600; total, £21,950. Fees, 150 students at £150, £22,500; difference, £550.