Abstract
SINCE the comparative tables of statistics before us1 have been compiled by the University Grants Committee, it is but natural that we should turn first to those which shed light upon the financial position. Nor need we make any apology; for unless that position be sound there can be little expectation that the function of the universities can satisfactorily be discharged. Happily the accounts show a decided and general improvement, particularly when it is noted that only in the case of thirteen institutions has expenditure exceeded income; and even in these cases the deficits were small and were due to the fact that the institutions concerned met out of income an unusual amount of capital or other non-recurrent expenditure.
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University Statistics and Tendencies. Nature 119, 733–734 (1927). https://doi.org/10.1038/119733a0
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DOI: https://doi.org/10.1038/119733a0