204- REPORT OF THE COUNCIL, 



the Journal, by 54/. 12s. ; but that there has been a falling off in 

 the amount received on account of Admission Fees to the extent of 

 oil. 10s. This, however, does not indicate an equivalent diminu- 

 tion in the number of Fellows elected; for, in reality, the number 

 elected in 1852 has been only four fewer, representing 81. 8s., 

 than in 1851. The difference is caused by several Admis- 

 sion Fees, which were unpaid on the 1st April, 1851, having 

 been received and carried to account in the last Report. The 

 other sources of income have been nearly stationary, with the 

 exception of receipts for Garden Exhibitions, to the falling off in 

 which allusion has been already made. 



In the Expenditure it will be found that a reduction has been 

 effected in the cost of the Journal, in Library expenses, Printing 

 and Stationery, Implements, &c, for the use of the Gardens, 

 Exhibition charges, and Garden works ; while there has been a 

 small increase in some fluctuating heads of expense, especially in 

 Expenses of Meetings, &c. (till. 12s. 2d.), caused by the improve- 

 ments and alterations mentioned hereafter; in fuel at the Garden 

 (56Z. 16s.), in consequence of a large stock, at a very low price, 

 having been purchased, and remaining unconsumed, and in the 

 value of Medals given away, as previously explained ; the general 

 result being a reduction of expense to the amount of 355/. 19s. Gd. 



The Debt on April 1, 1852, was ... £7286 11 9 



Since diminished by Compositions, to the extent of 572 5 



£6714 ' 6 9 

 But the Ordinary Income having been less than the 

 Expenditure by the sum of £694 Is. 5d., that 

 sum has to be added to the debt . . . 694 1 5 



£7408 8 2 



Showing a balance against tbe Society upon the Year of 

 £121 16s. 5d. as already announced. 



With regard to the amended plan of compounding for annual 

 subscriptions, referred to in the Pieport of last year, the Council 

 find that it has been taken advantage of by the following Fellows. 



£ *. d, 

 Wm. Gibbs, Esq., after paying 22 years' subscription, 1 .-,, „ „ 



by further payment of . . . . . j 



Rev. W. B. Lee, after paying 20 years' subscription, by 1 , „ n 



further payment of . . . . . j 



Sir P. Egerton, Bart., after paying 14 years' subscrip- 1 „ fi ,- ,. 



tion, by further payment of . . . . J " 



James Gadesden, Esq., after paying 17 years' subscrip- \ 9( . r 



tion, by further payment of . . . . J " 



