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exiil 
Finance having had to play such an important part in the 
Society’s operations during the past year, it is obvious a 
special method of dealing with it in this Report is necessary ; 
I must therefore go into details to a much greater extent 
than has been customary hitherto. 
I will first deal with the questions arising out of the Society's 
acquisition of the Freehold of No. 41, Queen’s Gate, and 
No. 15, Elvaston Mews. 
It will be remembered that the estimated amount of the 
cost of the Housing Scheme was £10,000. There is always 
considerable uncertainty as to the eventual cost of such a 
plan, because so much depends upon factors that only appear 
as it develops, and upon the good or ill fortune that all human 
affairs are subject to, and which cannot be foreseen. In 
view, therefore, of the well-meant fears that were expressed 
by certain of our friends that the estimated cost of the Scheme 
would be greatly exceeded—I heard a sum of £15,000 men- 
tioned—it will, I am sure, be learned with relief and pleasure, 
that these gloomy prophecies have not been fulfilled. Not 
only has the sum asked for not been exceeded, but there is a 
large saving on it. The total expenditure being £8450 8s. 4d., 
or a saving of £1549 11s. 8d. on the amount of the original 
estimate. The details of this expenditure are as follows :— 
Shy de 
Acquisition of the Freehold of No. 41, Queen's 
Gate, and No. 15, Elvaston Mews, including 
all legal expenses and surveyor’s charges = (6606) E627 
Repairs, alterations, and decorations to 41, 
Queen’s Gate : i P ‘ . res 1 V1 So TE 
Removal of the Library and bookcases from 
Chandos Street, providing new bookcases, and 
altering and fixing the old ones. : Sy HBO lene 
Furnishing. ; f ; : , Re ic ge 
Sundries : : : : : : : 46 15 0 
£8450 8 4 
I might perhaps be permitted to mention here, that when 
this Housing Scheme was first brought before the Council, 
PROC, ENT. SOC. LOND., v. 1921. H 
