1878.] 



President's Address. 



47 



or promised by twenty Fellows of the Society, and I need hardly add 

 that the remaining £2,000 was contributed very shortly afterwards. 

 At a subsequent meeting of the Council it was resolved : — 



1. — That the sums referred to as the Publication Fund, as well 

 as those received or that may be hereafter received, for the 

 purpose of relieving future ordinary Fellows from the Entrance 

 Fee, and for reducing their Annual Contribution, be formed into 

 one fund. 



2. — That the Entrance Fee for ordinary Fellows be henceforth 

 abolished ; and that the Annual Contribution for ordinary Fellows 

 hereafter elected be £3 (three pounds). Also, that the income of 

 the Fund above-mentioned be applied, so far as is requisite, to 

 make up the loss to the Society arising from these remissions and 

 reductions. 



3. — That the account of this Fund be kept separate ; and that 

 the annual surplus of income, after providing for the remission 

 and reduction above recommended, be re-invested, until the in- 

 come from the Fund reaches £600. So soon as the annual income 

 reaches this amount, any surplus of income in any year, after 

 providing for the remission and reduction above-mentioned, shall 

 be available, in the first instance, in aid of publication and for 

 the promotion of research. 



A list of subscribers to this Fund will be placed in the hands of 

 every Fellow, with the information that it will be kept open for future 

 contributions, in the interests of research and of the Society's publica- 

 tions. I hope that it will be largely and speedily augmented, and that 

 it may eventually reach an amount which will provide us with the 

 means of accomplishing as much as is effected by the Government 

 Fund, upon our own sole and undivided responsibility. I must not 

 conclude my notice of this movement without a mention of those whose 

 encouragement and liberality have most largely promoted it ; and first 

 of all, Mr. Spottiswoode, to whose counsel and active co-operation 

 throughout, its success is mainly due ; Messrs. Young's and Jodrell's 

 contributions have already been mentioned, they have been supported 

 by others :— £2,000 from Sir Joseph Whitworth, £1,000 from Sir 

 W. Armstrong, and £500 each from His Grace the Duke of Devon- 

 shire, Mr. De La Rue, Mr. Spottiswoode and Mr. Eyre (jointly), 

 Dr. Siemens, and the Earl of Derby, and £250 from Dr. Gladstone. 

 The balance comprises contributions by thirty-two Fellows. 



I have to mention your obligations to Dr. W. Farr for the labour 

 he has bestowed in ascertaining those vital and other statistics of the 

 Society, upon an accurate knowledge of which the calculations for the 

 reduction of fees had to be based ; and to Mr. Bramwell for construct- 

 ing a table showing to what extent these changes will affect the 



