SEPTEMBER 13, 1918] 
nection the board would recommend that the acad- 
emy adopt as a general principle the policy of re- 
quiring each recipient of a grant for research from 
any of its special funds to publish some account of 
the results of the researches under the grant in the 
Proceedings. 
5. If the above recommendation is adopted, the 
board would further recommend that the academy 
suggest to the several committees having in charge 
trust funds from which grants are made that when- 
ever accounts of researches under grants are pub- 
lished in the Proceedings there shall be paid over 
from the trust funds out of which the grants are 
made, to the Proceedings account, if such action be 
permissible under the terms of the bequest, a sum 
of money to cover the expense of the publication 
at a rate of $6.00 per printed page. 
Anent the above report the following recom- 
mendations were submitted from the council 
and adopted. 
That the following recommendations from the 
editorial board of the Proceedings be approved by 
the academy and that the home secretary be in- 
structed to bring these recommendations to the at- 
tention of the members of the academy and the 
chairmen of the trust funds. 
That members of the academy be requested to 
contribute their own papers to the Proceedings. 
That the policy of requiring each recipient of a 
grant for any research from any of the special 
funds to publish an account of the results of the 
researches under the grant in the Proceedings be 
approved. 
That the academy request the committees and 
trustees of the several trust funds of the academy 
from which grants are made that whenever ac- 
counts of researches under grants are published in 
the Proceedings there shall be paid over from the 
trust fund out of which the grants are made, to the 
Proceedings account, if such action is permissible 
under the terms of the bequest, a sum of money to 
cover the expense of the publication. 
A report was received from the finance com- 
mittee of the Proceedings, signed by C. B. 
Davenport, chairman, F. R. Lillie and Ray- 
mond Pearl, as follows: 
The estimated net cost of the Proceedings 
for 1918 is $2,600. 
The estimated income is as follows: 
From subscriptions (provided each mem- 
ber of the academy becomes respon- 
sible for one subscription) 
SCIENCE 
265 
One third guarantee fund of $2,500...... 833 
Estimated income of Billings Fund ...... 187 
Sundry other income (members dues, 
$850; N.R.C., $400; Dr. Walcott, spe- 
ANSP LO0)) aso ci c'ais-v glatae <a eeeime meee 1,350 
Total estimated income ................ $4,170 
Total estimated deficit ................. $1,430 
If recommendation of the editorial board that 
space for reports of special grants in Proceedings 
be specially paid for be adopted, this deficit will be 
reduced to $1,200. 
The committee plans to raise funds to meet this 
deficit. 
SQUAW ISLAND, NEW YORK STATE MUSEUM 
RESERVATION 
Tue New York State Museum, which has 
already taken over, with the aid of apprecia- 
tive citizens, several interesting properties in 
the state of New York for the purpose of re- 
cording and conserving their geological attrac- 
tions, has recently come into possession of 
Squaw Island in Canandaigua Lake. The spot 
is of special geological interest from the fact 
that the island is made up of deposits of algal 
lime concretions or “ water-biscuit ” formed by 
the precipitation of lime carbonate through 
the activity of growing alge which coat the 
shale pebbles of the beaches. A brook flowing 
in from the north over the limestone region 
brings waters that are well saturated with lime 
carbonate, and these waters washing against 
the barrier of Squaw Island have the excess of 
earbon dioxide stolen away by the growing 
algae so that the lime carbonate precipitates 
immediately upon the beach material and in 
this way the so-called water-biscuits are built 
up contemporaneously with the growth of the 
alge. These algal lime balls, on solution in 
acid, leave behind a matted felt of algal threads 
of the same size as the hardened ball showing 
contemporaneous growth and activity through- 
out the period of deposition. Squaw Island 
has become well known to students of paleon- 
tology for the light these water-biscuits have 
thrown upon the formation of the great algal 
reefs such as the Cambrian Cryptozoon ledges 
of New York and the Pre-cambrian Algal 
ledges which have recently been described by 
Waleott from the Rocky Mountains. 
