AUCKLAND INSTITUTE. 



First Meeting : 4th June, 1894. 



Mr. J. H. Upton, President, in the chair. 



The President delivered the anniversary address, taking 

 as his subject " The History of Money." 



The President said : In opening a new session of this branch of the 

 work of the Institute, I cannot refrain from inviting you to allow your 

 thoughts to dwell for one moment on the memory of our late President, 

 Professor Pond. Mr. Pond took a warm interest in the progress of this 

 Institute, and by his death we suffer a great loss. His sympathies 

 were, however, not confined to this Institute, but were freely open to 

 every movement for the welfare of the community. His gentle temper 

 and his modest character endeared him to all who had the privilege of 

 his friendship, while his lofty sense of duty and his great abilities marked 

 him out for a career of the widest usefulness amongst us : his loss is one 

 not easily to be repaired. He was ever anxious to do what he could for 

 the general weal, and deeply earnest in the doing of what he undertook. 

 But even when he entered upon what was to prove his last service to this 

 Institute — namely, his year of office as President — already the Silent 

 Shadow stood waiting, and, with all the bright possibilities of a brilliant 

 career opening out before him, 



" God's finger touched him, and he slept." 



Second Meeting: 18th June, 1894. 

 Mr. -J. H. Upton, President, in the chair. 



Nezv Member. — Mr. F. G. Ewington. 



Mr. E. Withy gave a popular lecture, illustrated by dia- 

 grams, on " The Economic Effects of Various Land-tenures." 



Mr. Ewington spoke at some length, arguing that the private owner- 

 ship of land was not the only cause of the existence of the unemployed 

 classes. There always had been, and always would be, the careless and 

 improvident; and, besides that, famine, fire, floods, changes of fashion, 

 &c, might, and did, create unemployed people. Ho considered that Mr. 

 Withy had overlooked many social and economic facts of the first order 

 when dealing with his subject. 



The President, in moving a vote of thanks, said that Mr. Withy must 

 have forgotten that, if there were no unemployed in primitive times, there 

 was slavery. Now, in civilized countries men were free, and with their 

 freedom came additional responsibilities, one of them being the care of 

 the poor. 



Mr. Withy briefly replied, 



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