28 AMERICAN FERN JOURNAL 
with reluctance several names have been dropped from 
our roll. 
In the matter of new members the Society is to be 
congratulated, for although members occasionally resign 
or otherwise leave the ranks new members take their 
places, as will be seen by the report of the Secretary. 
During the past year, for instance, the receipts from new 
members was $25.00, while new subscribers yielded an 
income of $10.35. 
During the year past a change in the conduct of the 
affairs of the Treasurer’s office has taken place, a change 
so important that it deserves brief mention at this time. 
Under the old Constitution it was necessary before a 
bill, no matter how trivial, could be paid to obtain the 
consent of the Council. The new Constitution is less 
exacting in the matter of payments so that it has been 
possible to effect a change which it is hoped will result 
in a great saving of time and energy. This is brought 
about by a Budget which provides certain definite 
specified amounts for certain definite specific purposes 
covering the current running expenses of the Society and 
authorizes these payments by the Treasurer direct 
upon proof of correctness. A Budget for the year 1915 
has been approved by the Council and the experiment 
will be tried next year of paying current running expenses 
direct. 
For its past our Society has nothing to be ashamed of, 
and the present is entirely satisfactory. How shall we 
most wisely provide for the future? That we are grow- 
ing can not be denied. Can we not grow more? grow 
stronger and larger and better? In my opinion this is a 
matter requiring most earnest deliberation. We want 
more members! more subscribers! How can they be 
obtained? To consider this question I propose and I 
make the suggestion that a Committee be appointed to 
consider and report. | 
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