Expenditure which, in future years, will not appear in the 

 accounts except for the single article of Rent, which will be 

 balanced by an equal Receipt. 



In the investigation of the bills and in the examination of 

 tenders, the Council have continued to receive the assistance 

 of the Committee of Finance. The zeal and ability with which 

 the Members of that Committee have throughout the past 

 year discharged the duties imposed upon them merit the 

 grateful acknowledgements of the Society. 



The result of the financial operations of 1834, as shown 

 by a comparison of the Statement of Assets and Liabilities 

 (forming part of the Auditors' Report) with the correspond- 

 ing Statement made by the Auditors of the previous year, has 

 been an improvement in the Society's Finances to the extent 

 of £2302 18s. In the preceding year the improvement was 

 £1669 3s. lid.; in 1 832 it amounted to £3058 16s. 2d.; 

 and in 1 831, to £2133 19s. The total improvement in the 

 financial condition of the Society during the last four years 

 is consequently £9164 17s. Id. 



The system of 



Investment 



has been highly conducive to this financial improvement. 

 Commenced in the latter half of 1831, it has since been 

 steadily persevered in. By withdrawing from applicability 

 to general purposes one fifth of the gross Receipts, a fund 

 has already been created of sufficient amount to secure the 

 Society from serious injury in the event of any sudden re- 

 verse, and even to authorize the outlay, at the present moment, 

 of a considerable sum for the acquisition of an adequate ob- 

 ject. A continuance of the same system would secure, even 

 in the short period of ten years, the means of obtaining a 

 suitable Museum ; and its further continuance would enable 

 the Society to adopt other means for the advancement of 



