XVIII THE ROYAL SOCIETY OF CANADA 



the probability of legislation by the Government. We note, with 

 approval, that two important additions were made to the Criminal 

 Code at the last session of Parliament. These clauses protect the rights 

 of the author of any dramatic or operatic work or musical composition 

 in which copyright exists. The main question of Copyright, however, 

 remains untouched and there is urgent need for a progressive act 

 framed according to modern principles. We will not fail at the proper 

 time to urge upon the Government our views as to the necessity of 

 due protection for authors and others who should have the legal 

 rights in their property adequately safeguarded. 



X. — Finances of the Society. 



The following is the financial statement of the Honorary Treasurer 

 for the year ending April 30th, 1915. The statement includes the 

 Government Grant Account and the General Account and it has been 

 audited by two members of the Society, Dr. Adam Shortt and Dr. J. C. 

 Glashan who were appointed by the Council for that purpose. 



STATEMENT OF RECEIPTS AND EXPENDITURE OF THE ROYAL 



SOCIETY OF CANADA FOR THE YEAR 



ENDING 30th APRIL, 1915. 



GOVERNMENT GRANT ACCOUNT 



Receipts 



By Balance in Bank of Montreal $ 2,709.47 



" Grant from Dominion Government 8,000.00 



" Bank Interest on account 167 . 05 



$10,876.52 



Expenditure. 



To Printing and Publication of Society's Transactions and Notices 4,456.80 



" Maintenance of Society's Library: 



Clerical assistance and book 609 . 75 



" Clerical assistance 320 . 00 



" Foreign postage, storage and insurance on Transactions and Society's 



stock 155 . 00 



" Stationery supplies, miscellaneous printing and preparation of 



Society's seal and die 147 . 20 



" Office furniture. 56, 15 



" Incidental expenditure 76 . 20 



" Balance in Bank of Montreal, 30th April, 1915 5, 115.42 



10,936.52 

 Less outstanding cheques 60.00 



$10,876.52 



