82 Proceedings of the Asiatic Society. [No. 1. 



Oriental Publications is decidedly improving. The Council therefore 

 may fairly congratulate the Society on the immediate prospect of 

 seeing its finances re-established on a healthy footing. 



The mode of keeping the accounts is not quite so clear as the Coun- 

 cil would wish to see adopted, and they have requested the Secretary 

 to re-model his Establishment with a view to introducing a better 

 system. The Assistant Secretary's services might, the Council think, 

 be made advantageously of use in seeing this reform carried out. 



Bye-laws. — The revised Code of Bye-laws was passed by the Society 

 on the 12th of March last, and has since been in successful operation. 

 The modification of one of these Bye-laws has lately been suggested by 

 the Council, and their proposal will have to be considered by the present 

 meeting. 



Secretaries. — Captain Hayes's resignation consequent on his leaving 

 the Presidency was necessarily accepted on the 7th of May last, when 

 Dr. Sprenger, an Oriental scholar of known and high attainments, was 

 elected Secretary on the appointment generally of office-bearers under 

 the revised Code. 



Journal. — The number of Journals published during the year is 

 seven. The Secretary has materials on hand for three more numbers, 

 which will shortly appear. 



Oriental Publication Fund. — The Cash balance in hand and in- 

 vested on account of this Fund amounts to Bs. 6,808-13. During the 

 year six numbers of the Bibliotheca Indica have been published includ- 

 ing the number edited by the Bev. K. M. Bannerjea. The Beport by 

 the Oriental Sub-Committee on the mode of editing and issuing this pub- 

 lication referred to in the Annual Statement of the Committee for the 

 past year, has been submitted during this year, and was adopted by 

 this Society on the 5th November to the following effect. 



" That whilst it is of the highest importance for translations to be made 

 here in India with all Hindu assistance, it is not expedient to limit the 

 publication of volumes in the Bibliotheca Indica to works which the 

 Editors may be prepared at once to translate. It is evident that such 

 a restriction would operate unfavourably, as in many cases years must 

 be spent before a perfectly satisfactory translation would be finished. 



Museum. — The Council have much satisfaction in renewing the 

 testimony borne in last year's report to the services of the Curators of 

 the Museum in both its departments. 



