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Salient: An Organ of Student Opinion at Victoria College, Wellington, N.Z. Vol. 12, No. 2, March 16th, 1949.

Ways and Means

Ways and Means

Therefore two possible means of getting a building suggest themselves. The first depends on the Government subsidising the present amount by an equal one and supplying the rest. The rest to be repaid from those allocations from the Students' Association fee and the profits from Extrav. in each year. If the investment is uneconomic, which seems very unlikely, then it will only be a slight loss. It is not too much to expect that the amount will be paid off soon enough to be no longer a debt in a reasonable time. Moreover, no interest should be charged except that necessary for administration—that is no more than about half a per cent.

The second which a more idealistic and much more troublesome but has been used with success overseas is that of the investment bond. Students are then asked to invest their money in the Building Fund. This money will be repaid to them when the Fund has been added to from sources which have been set out above.

The present accommodation is slowly getting worse. The university is overcrowded and there are temporary buildings over as much space as can come out in their rash. Those sort of buildings must be built unless the public starts to moan. A new Association building seems to be as far away as world peace. Building appeals to poor students have been proved a failure so let Us do something more constructive this year.