cxu 



glad to say it has not been necessary to remove a single 

 Fellow. 



Dealing now with the Society's payments. The Publications 

 have cost £741 Is. lOd., an increase of over £200 on the expendi- 

 ture during the previous year, and the largest amount ever 

 devoted to this purpose. The expenditure on the Library 

 has been £184 Is. lid. as against £95 Os. 9d. in 1921. 



In spite of these increases and the amount transferred to 

 the Housing Fund, and after making a liberal allowance for 

 outstanding liabilities, the income has exceeded the expendi- 

 ture by the sum of £138 3s. 8d. 



The net assets of the Society exclusive of the Library (which 

 is valued by me at £5000) has increased from £3563 12s. 2d. 

 to £5136 14s. Id., an increase of £1573 Is. lid. 



The amount of Donations in aid of the Publications was 

 £35 lis. 8d. I am glad to be able to report a considerable 

 reduction in the cost of Publishing during the past year, and 

 that further reductions are probable. during 1923. 



In furtherance of the idea embodied in my report a year ago — 

 that the Society should carefully consider its requirements 

 well ahead of the present time — it was decided by the Council 

 that plans should be prepared showing the possible extra 

 accommodation obtainable by developing the rear portion 

 of 41, Queen's Gate, and the area embodied in the present 

 garage at No. 15, Elvaston Mews. Our Fellow Mr. W. Eait- 

 Smith has very generously placed his services at the disposal 

 of the Society, and has prepared plans which are at this moment 

 hung on the walls of the Hall. A study of these will show that 

 a very good Meeting Room, about 45 feet long, 25 feet wide, 

 and 17 feet high, can be obtained, capable of seating about 

 200 persons ; in addition this room would provide wall space 

 for a very large number of books. Ample cloak room and 

 lavatory accommodation can also be obtained, whilst the 

 present rooms over the garage would be available and would 

 furnish much more convenient accommodation for the care- 

 taker than that at present available for him on the fifth floor 

 of the house. 



This additional accommodation can be obtained with com- 

 paratively little structural alteration to the premises, and 



