Walter Price speaking at the christening of the boat Rex Bell, 1918.
On Norman Morrison's death in 1909, Mr Price, as Vice-Principal, was temporarily in charge, and, when W R Bayly resigned from the principalship in 1914, Mr Price was appointed to the position. He took charge just when the College was experiencing the lean years of World War I. The College’s new status as a Public School, together with the abrupt change from half a century's administration by the Morrison family, had created difficulties which were aggravated by staff problems directly due to the war. Mr Price left the College at the end of 1919 and became a lecturer in English at the University of Melbourne. Later, he moved to Brighton Grammar School as senior French master and continued at work almost to the end of 1950.