60 TRANSACTIONS LIVERPOOL BIOLOGICAL SOCIETY. 



of £200 in aid of the Fish Hatching work done at the Station. 

 This sum is expended in part payment of the cost of fuel, 

 lighting, and general supplies and apparatus — such a fraction 

 of the cost of maintaining the Station, apart from salaries, as 

 may reasonably be debited to the cost of this work. 



The Development Commission have recommended to 

 H.M. Treasury that an annual grant of £1,000 be made to the 

 Station in respect of the general maintenance thereof, as apart 

 from the fish hatching work (the cost of which is provided as 

 stated above). This grant is expended in the salaries of the 

 Naturalist-in-charge, Assistant Curator and Assistant ; in 

 the provision of apparatus, chemicals, books, various structural 

 alterations, printing, and part of boat hires. A scheme of 

 allocation for these purposes has been approved by H.M. 

 Treasury and a separate account of the expenditure is kept 

 for submission to the Development Commissioners. 



This grant was made in respect of the Government 

 financial year, April 1st, 1921 to March 31st, 1922, but it is 

 expected that it will be renewed for, at least, the succeeding 

 four years. A first instalment of £500 became available in 

 May, 1921, and expenditure really began in June, 1921. Up 

 to the end of the University financial year (31st July, 1921) 

 £60 6s. 8d. had been expended, and this appears in the general 

 account as the " Transfer from Development Fund Account." 



" Memoir " and " Extension " Funds. 



These funds originated as special donations — -(1) for the 

 publications of the " L.M.B.C. Memoirs," and (2) for the 

 extension of the Buildings of the Station. The " Memoir " 

 Fund is expended in the printing of new Memoirs. The 

 latter are now sold by the Liverpool University Press, and the 

 net proceeds of such sales appear on the " Receipts " side of 

 the general account. For the last year a sum of £10 12s. 9d. 

 was so obtained. The future policy of the Oceanography 

 Department is to expend the balance of the " Memoir " Fund 



