On Wed, 2007-03-28 at 13:14 +0100, Adrian Stott wrote:

> AIUI, BW has given up trying to get a "contract" with the government
> to assure that BW gets a previously-determined grant each year,
> because:  (a) The government won't sign such a contract, and (b) If it
> did, it wouldn't be worth the paper it is written on.


Would the paper containing a "formal endowment"  be worth any more ?

Steve



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