36 Proceedings of the Asiatie Society. [ Fes. 
Asiatic Society, .........06. O28) 6120 
Cash in hand, .......... ent Meo aS 1B 
2.851 8) 8 
—. , 5,40 ae 
Ra. 24,786 Jae 
Your Council desire to place on record, that they have had un- 
der their consideration the very important question of reduction of 
the subscriptions now contributed by members, whether resident 
or non-resident. They have calculated the immediate loss of an- 
nual receipts which this would produce, and carefully estimated 
how far and how soon they could justly anticipate that the imcome 
of the Society would recover itself. They are confident, that such a 
reduction of the subscriptions would lead to a future increase of 
income, by bringing to the Society a considerable increase in the 
number of members, and would at the same time render that in- 
come less fluctuating by placing it on a wider and more secure 
basis. They felt strongly also that these benefits should be grant- 
ed to the members of the Society at the earliest possible date: and 
seeing that the time is now near at hand (23rd March, 1871), when 
the Society under their contract with the Government of India will 
become entitled to such permanent addition to their income, as may 
be realized for the use of the building which they now occupy, 
(and which is valued and assessed at 400 Rs. per month), they 
were disposed to recommend to the Society the immediate reduction 
of the subscription of resident members by one-third, and of non- 
resident members by one-sixth of their present contributions. Any 
immediate reduction of income, resulting from this action, would 
have been more than recouped by the rent of their premises. Af- 
ter a full consideration, however, they have for various reasons 
resolved to leave this very important question until the time shall 
have actually arrived, when the Society will become entitled to 
realize this addition to their permanent income. ‘They confine 
themselves, therefore, to expressing the hope, based on their con- 
viction of the importance of the matter, that their successors in 
office may be enabled to satisfy the wishes and just expectations 
