716 president's address. 



maintain itself in the position to which he had raised it, he 

 made over to it during his lifetime an endowment of £14,000, to 

 which will be added, in accordance with his will, .£6,000 more, so 

 that the Society will be shortly in the possession of a sum 

 sufficient, with its other sources of revenue, to enable it to carry 

 on its work — to issue annually well illustrated volumes, to pay its 

 officers, and to maintain and add to its library. 



As 3^ou are all aware, by a provision of his will, he has left the 

 munificent sum of £35,000 to be applied eventually to the founda- 

 tion of four fellowships, to be called the Macleay Linnean Fellow- 

 ships, and to be held by Bachelors of Science of the University 

 of Sydney, who shall be engaged in research on some subject 

 connected with natural science. The election to these is to be in 

 the hands of the Council of the Linnean Society of 1ST. S. Wales, 

 and the results of the work done by the holders are to be published 

 in the Society's Proceedings. 



Now, I have a proposal to make which, I hope, will meet with 

 your approval. This Society is very deeply indebted to Sir 

 William Macleay, and it is felt that some appropriate means 

 should be found of commemorating the generous actions to which 

 I have just been directing your attention. And it has appeared 

 to me and such of the Society as I have had the opportunity of 

 consulting, that more appropriate in every way than any monu- 

 ment which we might erect, would be the publication of a 

 Macleay Memorial Volume to contain a series of original contri- 

 butions to botany, zoology and geology by members of the Society. 

 Such a Memorial would, it appears to me, be peculiarly fitting, 

 when we take into account the nature of the benefits which we 

 aim at signalising, and the views and tastes of our benefactor ; it 

 would, moreover, if the contents of the volume were worthy of 

 the occasion, be a monument of a lasting character, and one 

 which would be before the eyes of the whole scientific world. 



I should like, in conclusion, to say a few words as to the present 

 position and prospects of the Society. You will hear presently 

 the statement of the Honorary Treasurer as to our financial 

 position ; and also in what way it is proposed that the income 



