Published Resources Details
Journal Article
- Title
- Do you know that The Institution has no prize for a paper on Mechanical Engineering?
- In
- Journal of the Institution of Engineers, Australia
- Imprint
- vol. 25, no. 9, Sep 1953, p. 197
- Abstract
From time to time Mechanical Engineers have complained that there is no prize available for a paper on a Mechanical Engineering subject, although prizes are available for papers on Civil and Electrical Engineering subjects.
The Council has established a General Prize Fund to supplement the value of existing prizes and establish new prizes, but there is not sufficient money in this Fund as yet for this to be done. The bulk of the money, which totals some £250, came from the assets of the Victorian Institute of Engineers, and the proceeds are barely sufficient to meet prize commitments taken over from it.
If The Institution is to establish a prize for papers on Mechanical Engineering subjects, it will be necessary to increase the General Prize Fund substantially. It is hoped that there are sufficient interested members in a position to do so, who will make donations to the General Prize Fund for this purpose.
The Council will not as a general rule accept gifts or bequests for a new prize, if these are subject to any conditions concerning the name or nature or rules of the prize, of if they cannot be paid into the General Prize Fund. The Council was forced to this decision because in the past donations have been offered, but with conditions that would be extremely difficult, if not impossible, to administer.
It is, therefore, hoped that members who desire to see new prizes established, will make unconditional donations so that rules may be adopted which will meet present conditions but have sufficient flexibility for possible future changes. If sufficient is donated, the Council will be able to supplement the proceeds of the existing prizes, so that their value may be more in keeping with present values.
Any suggestions made by donors concerning the conditions for the award of a prize, will, of course, receive the fullest consideration of the Council, and if at all practicable they will be adopted.