14 JANUARY 1949, Page 18

UNIVERSITY AWARDS

Sm,—Mr. Alban J. L. Bacon overstates his taxation liability by approxi- mately £175 (assuming the allowances due to a married man with child receiving full-time education). But I submit that he seriously over- rates his difficulties if, with investments producing £2,800 gross per annum (implying a capital of at least £50,000), he denies himself the pleasure of sending his daughter to Oxford at his own expense.—Yours faithfully, LESLIE SMITH. Bank Chambers, Old Market Square, Nottingham.