Publisher's Synopsis
Excerpt from Speeches of the Warden of Keble College, Oxford, and of the Earl Beauchamp, at the Laying of the Foundation Stone of the College Chapel by William Gibbs, Esq., On St. Mark's Day, 1873
Taking the first of these, the one of Fina Whether the College could be self-supporting pay its way, I think in a very few words I can show you the proof of that. It was thought right by the 'very wise and careful persons who were engaged in building the College and setting it on foot, to organise a Sustentation Fund, and the object was that the charges having been calcu lated to carry on the College when filled with 100 members, it was naturally supposed that with 30 members to start with there would be a deficit and a loss. But from that Sustentation Fund not a penny, I believe, has ever been drawn, and the money which was then collected for that purpose now stands before you, by the consent of its givers, in the shape of bricks and mortar.* (hear, hear.)
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