of the revised Bye-Laws, to communicate to me their intention 

 by October 31st last. 



In view of the fact that the old subscri2:)tions do not now 

 cover the Society's Establishment charges, it is a matter of 

 sincere congratulation that extremely few of the Fellows have 

 been compelled to avail themselves of this concession. 



The Council feel that the Fellows as a body have splendidly 

 come to the assistance of the Society in this very important 

 respect, and they desire to express the gratitude they feel for 

 the help so generously rendered. 



The Admission Fee has been increased to £3 3s. Od., and it 

 will in future apply to all Fellows elected into the Society, 

 whether residing in the United Kingdom or elsewhere. 



Compounding for the Subscriptions has been abandoned; in 

 this respect the Society follows the lead of other Societies 

 including that of The Linnean Society which has recently 

 abolished compounding. 



Some of the Fellows who have compounded for their sub- 

 scription expressed their desire to share in the burden which 

 had been placed upon the Society by the increase of its expenses, 

 and an appeal was sent by the President in June last, with the 

 result that the following Fellows volunteered to assist the 

 Society, either by paying an extra Compounding Fee of £10 

 10s. Od., or by making an annual payment of £1 Is. Od. per 

 annum : Sir J. T. D. Llewellyn, the Kev. F. D. Morice, and 

 Messrs. C. H. Andrewes, H. E. Andrewes, G. J. Arrow, C. T. 

 Bowring, P. A. Buxton, C. Cave, W. H. B. Fletcher, E. E. 

 Green, K. Jordan, W. J. Kaye, J. Spedan Lewis, H. Main, 

 J. C. Moulton, B. S. Ogle, M. A. Phillips, W. D. Eobinson 

 Douglas, P. N. Whitley, and R. S. Wilson. The Council 

 desires to express its sincere thanks to those Fellows for the 

 help they have given to the Society. 



The Compounding question, by these donations and the 

 allotment of half the Admission Fees, is placed in a considerably 

 better position, for the income arising out of the Compounding 

 Fund will next year equal about 16s. per Compounding Fellow, 

 instead of 10s. 5d. a year ago. 



From the point of view of the usual items of income and 

 expenditure which are dealt with in the financial statement, 



