XXIV THE ROYAL SOCIETY OF CANADA 



IX. — Finances of the Society. 



The extraordinary expenditures on account of the war, which have 

 necessitated the curtailment generally of Parliamentary appropria- 

 tions, have resulted in the diminution of the grant usually made by 

 Parliament. The appropriation for the last year was $8,000.00, 

 but for the year 1917-18 it has been reduced to $4,000.00. We are 

 sure that the Fellows of the Society will be willing to co-operate with 

 the Council in carrying out the economies indicated by the decrease 

 in our revenue. Our printed Transactions will have to be curtailed in 

 volume and each Section must be limited as to space. The Council 

 would recommend that each Section advise its printing committee to 

 be governed accordingly and to endeavour to select, and if necessary 

 condense the available material so that the Transactions may not 

 suffer in value or importance by the unavoidable retrenchment. 



It is confidently hoped that after the war the grant will be in- 

 creased to its former amount. 



The following is the financial statement of the Honorary Treasurer 

 for the year ending April 30th, 1917. 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 for that purpose: 



STATEMENT OF RECEIPTS AND EXPENDITURE OF THE ROYAL 

 SOCIETY OF CANADA FOR THE YEAR ENDING 30th APRIL, 1917 



GOVERNMENT GRANT ACCOUNT. 



Receipts. 



By Balance in Bank of Montreal, 30th April, 1916 $ 2,509.53 



„ Grant from Dominion Government 8,000.00 



„ Bank I nterest on Account 209 . 70 



$10,719.23 

 Expenditure. 



To Printing and Publication of Society's Transactions (Parts vols. IX 



and X) and notices $ 5,362.41 



„ Maintenanceof Society's library: Librarian and General expenses. ... 716.66 



„ Clerical Assistance 365 . 00 



„ Engraving, Printing and Preparation of Diplomas 194. 00 



„ Foreign postage on Transactions 79. 00 



„ Storage and insurance of Society's books 44. 00 



„ Expenses of Annual Meeting, 1916 38.40 



„ Incidental expenditures 30. 14 



„ Balance in Bank of Montreal, 30th April, 1917 3,874.62 



„ Cheque outstanding from 1915-16 15.00 



$10,719.23 



