TWENTY POUNDS, which your Secretaries have this 

 morning received from your noble, learned and 

 liberal Patron, the Earl of Mulgrave ; and including 

 also the sum of £7 2s, Gd, which has been received 

 during the last year for admissions ; and your 

 Council in retiring from office, take the liberty of 

 suggesting to their successors, the propriety and 

 necessity of adhering firmly to the same system 

 of economy, until the pecuniary engagements of 

 the Society be discharged. 



It is a matter of regret, that the reading of 

 Essays has been much neglected during the past 

 year ; which your Council attribute chiefly to the 

 circumstance, that local and constitutional aifairs 

 of unusual interest and occurrence have engaged 

 much of the time and attention of several of the 

 most active members of the Society. But the 

 excitement occasioned by "pass'mg events'' having 

 once subsided, the Philosopher will calmly resume 

 his studies and investigations, for exploring and 

 extending the boundaries of science, and again 

 freely communicate the results of his researches, 

 for the gratification and instruction of his associates. 

 And your Council rest satisfied, that, within these 

 walls, at least, as within a neutral territory, all 

 asperities of party feeling, whether arising from 

 political or other differences will die away, and be 

 forgotten, and the same lively interchange of the 

 courtesies of life be resumed and continued as 

 heretofore. 



