17 



Upon a careful review of the Income and Expenditure of 

 the Society during the past year as shown in the foregoing 

 statement, the Auditors feel that there are many points to 

 which it will be their duty to call the serious and anxious 

 consideration of the Council and of the Society, with refer- 

 ence to its past and present state, and its future prospects. 



INCOME. 



The Auditors observe with much regret, that with only 

 four exceptions in which there are increases amounting to 

 £109 1*. 9d., there are decreases in the receipts of last 

 year, as compared with the receipts of the year 1845, under 

 eleven differentheads, amounting altogether to £635 12s.5d., 

 showing an actual total diminution of receipts, after de- 

 ducting the above increases, of £526 10^. 8d. 



Admission Fees. 



There is a small increase of £15 in the Admission Fees, 

 the amount received last year having been £80, as com- 

 pared with £65 received in 1845, the receipts in the two 

 previous years having been, in 18^3 £50, and in 1844 £60. 



Annual Subscriptions. 



The decrease in the amount of the annual subscriptions, 

 which it will be observed is £210 15^., is the more to be 

 lamented inasmuch as it has been progressive for a series 

 of years. The auditors of the accounts for 1843, in their 

 report dated March 29, 1844, call attention to "the con- 

 tinued diminution of the sums received for annual sub- 

 scriptions, their amount being only £3910 8*. for 1843, 

 which is £487 55. less than in the year 1842." In their 

 report of the following year " the Auditors observe with 

 regret that the receipts from * Annual Subscriptions' have 

 again fallen off by the sum of £431 12^." And in the 

 report of last year, a further diminution of £185 10s. is 

 brought to notice, showing a total progressive diminution, 



