1916] Proceedings of the Columbus Meeting 111 



Foundation. The receipts to date total $170.00 and no expenses as 

 yet have been incurred. The following are subscribers: 



William Barnes William S. Marshall 



P. P. Calvert Isabel McCracken 



T. D. A. Cockerell A. L. Melander 



William T. Davis Herbert Osborn 



G. P. Englehardt Wilham A. Riley 



M. Hebard Mrs. A. T. Slosson 



S. Henshaw P. H. Timberlake 



A. D. MacGillivray E. B. Williamson 

 Entomological Branch, Dept. Agr., Ottawa, Ont. 



It would seem wholly ill-advised to use any of this money at present. 

 I think that by again sending out appeals we could possibly increase 

 the amount quite considerably. In the meantime, every effort should 

 be used to bring this Foundation before the notice of those who are able 

 and might be willing to establish a reasonably large endowment. Until 

 sufficient funds are available to insure at least some annual income, no 

 publication could well be undertaken with any prospect of continued 

 activity. If any suggestions can be made for the furtherance of this 

 work, I will be glad to co-operate to the best of my ability. The funds 

 are deposited in the name of the Foundation with the Girard Trust 

 Company, of Philadelphia. This institution does not allow interest on 

 deposits of less than $500. 



Morgan Hebard, Treasurer. 



The report of the committee on ways and means, its adoption by the 

 Executive Committee of the Entomological Society of America, their 

 appointment of a temporary committee of five, and the election of a 

 treasurer and an editor by this temporary committee, has already been 

 detailed in the proceedings of the Philadelphia meeting of this Society, 



Several methods appear to be possible in financing the projected 

 publication. An endowment sufficiently large to provide constant 

 income for printing would be ideal. Almost equally satisfactory would 

 be a working capital of about twenty thousand dollars, which would 

 return in the sale of the publications so that it could be used indefinitely. 

 Special appeal to one of the large scientific foundations might secure the 

 printing of some work of especial timeliness and value. And last, but 

 not least important, subscriptions from members might enable a begin- 

 ning to be made. 



The subscription method offers the most available means for the 

 early issuance of a volume and while a fund of some size is not essential 

 for the carrying out of this method, yet it would be necessary for the 

 members of the committee individually or collectively or some friend 

 of the committee to be financially responsible for the composition, 

 printing, and binding of the first volume until sufficient funds had been 

 accumulated for its sale to recompense the printer. This method has 

 been used successfully by some of the European societies, notably the 

 Ray Society of England, which was founded in 1844, and has issued two 



