86 Report of the President 



• 



The Members' Room, which was opened in 191 1, has been 

 well patronized. The record shows that it was utilized in 

 1912 by more than 1,000 Members and their friends. The 

 room is on the third floor, near the elevator. It is equipped 

 with lounging chairs, and reading and correspondence tables, 

 and Members will find it a desirable meeting place. 



It is gratifying to report that 191 2 witnessed an unprece- 

 dented increase in membership, 757 new names having been 

 enrolled. This number represents an increase of nearly 

 30 per cent, in the total membership, and is greater by 100 

 per cent, than the number secured in any previous year. The 

 fees from new members alone have added $6,630 to current 

 income, and $12,100 to the Permanent Endowment. The 

 total receipts from all Members, applied to current income, 

 are $25,265. 



This growth is primarily due to the systematic efforts that 

 have been made to secure new members. In this campaign 

 27,591 invitations have been sent out, and, while the clerical 

 work involved is enormous, the immediate financial return is 

 more than 300 per cent, on the money expended. 



While 757 new names have been added to the membership 

 list, there has been a loss through death and resignation of 

 151 ; thus the net gain for the year is 606. 



On December 31, 1912, the total membership was 3,258, 

 divided into classes, as follows: 



Benefactors 2 Honorary Fellows. ... 4 



Associate Benefactors. . . 13 Life Members 597 



Patrons 116 Sustaining Members. . 60 



Fellows 44 Annual Members 2,422 



New Members 



The following persons were elected Associate Benefactors: 



George S. Bowdoin Ogden Mills 



Cleveland H. Dodge J. Pierpont Morgan, Jr. 



Archer M. Huntington Henry Fairfield Osborn 



Arthur Curtiss James Percy R. Pyne 



Charles Lanier William Rockefeller 



Joseph F. Loubat . Jacob H. Schiff 



Felix M. Warburg 



