Nor is it possible, as some people occasionally think, to meet the difficulty by the redistribution of money between colleges. The right reverend Prelate the Bishop of Oxford, who will speak in the debate, will be aware that a great deal of Christ Church's money goes to the upkeep of his splendid cathedral, its services and its choir. That cannot be transferred, let us say, to a college such as Mansfield, of which I am an honorary fellow, which lives entirely on what it receives from the students whom it educates. There are schemes by which, gradually, capital is being moved from richer to poorer colleges. However, that is a long drawn out process and we are talking not about capital but about income.
Most people know the difference.
I am not sure that everyone does, but most do. That is not a way out. I do not regard that as outrageous. A sudden upheaval, which would bankrupt a number of colleges, is no way to prepare for the future. My Lords, I beg to move for Papers.