Dunn Memorial Fund. 

 The amount at the credit of this Fund is now jQi"], its. pd. 



Royal Commission on Income Tax. 



The report of this Commission was considered by the 

 Council, and it was agreed to co-operate with other societies in 

 making a representation on the subject to the Government. 

 Various conferences were held at which it was pointed out that 

 if all woodlands were transferred to Schedule D, those near 

 maturity on which income tax had been paid for a long period 

 would again be taxed on being felled, which would mean a 

 double payment. A suggestion had been submitted that woods 

 over a certain age should be retained under Schedule B till 

 felled, but no definite decision has yet been arrived at. Mean- 

 time the Society has, along with other societies, sent representa- 

 tions to the Chancellor of the Exchequer urging that these 

 recommendations should be set aside and that the Government 

 should adopt some simple and equitable scheme, which would 

 have the effect of restoring the confidence of landowners in the 

 justice of the tax they are asked to pay in respect of their 

 woodlands. 



Railway Rates. 



A Committee has been appointed to consider this matter and 

 to send in a representation to the Government in support of the 

 objections raised by the timber merchants. 



Status of the Secretary for Scotland. 



Delegates from the Society were appointed to attend a 

 conference in support of the Secretary for Scotland being given 

 the status of a Secretary of State. A meeting was attended in 

 the Council Chambers in September last at which a unanimous 

 resolution was adopted and sent to the Government. 



Library (Appendix G). 



The usual list of presentations and additions to the Library 

 will be printed with this report in due course. Meantime it 

 might be mentioned that a handsome volume on the Hardwoods 

 of Australia and their Economics, by Mr Richard T. Baker, 

 Curator and Economic Botanist, Lecturer on Forestry, Sydney 

 University, has been presented to the Society. The author 

 presents the work with his compliments " and grateful 

 acknowledgment of the services rendered to Australian Forestry 

 by that illustrious member of the Society — Sir Ronald Munro 

 Ferguson, P.C., G.C.ALG. (now Lord Novar), whilst Governor- 

 General of Australia, 1914-1920." 



