277 



ly sound in every way. Yields generally were going' to be 

 larger and cost of production considerably lower than they 

 had been in the habit of estimating hitherto, an estates that 

 were capitalised at moderate cost would be able to pay large 

 dividends on a profit of 6d. per lb. of rubber. 



Mi\ Browell seconds that the Annual Report be adopt- 

 ed. Carried unanimously. 



Mr. Gibson then proposes, Mr. Hunter seconds and it 

 is carried unanimously that the accounts be passed. 



IX. Elections. Mr. Harrison thereupon vacates the 

 Chair, which is occupied temporarily by Mr. E. B. Skinner. 



The election for a Chairman and Secretary then takes 

 place with the following result: 



For Chairman : Mr. M. C. dimming 10 votes (elected) 



A. B. Lake 4 



B. W. Harrison 2 



,, Turner, Skinner.. Duncan 1 each 



1 abstention 

 Absent 1 (Mr. Macfadyen 



For Secretary : Mr. Zacharias 19 votes (elected) 



1 abstention 

 Absent I (Mr. Macfadyen 



Mr. Parkinson proposes a hearty vote of thanks to the 

 retiring Chairman for the sterling work done by him on 

 behalf of the Planting Community since his arrival in the 

 country. 



This proposition having been heartily endorsed by Mr. 

 Skinner, is carried by acclamation. 



X. Estimates. ' The Estimates for 1909/10 are sub- 

 mitted as follows: 



Expenditure. 



To. Agricultural Bulletin 

 Printing and Stationery 

 Postages 

 Secretary 

 (ieneral Charges 

 Kxhibitions 

 Kesorve 



S 1,000-. 

 650-. 

 150-. 

 2,400-. 

 100-. 

 1504 

 350-. 



$4,800- 



Revexue. 



By Subscriptions at $100 per delegate: 



„ Mai. Pen. Agr. Ass. 700-. 



Perak PI. Ass. 700-. 



„ K. L. D. P. A. 500-. 



N, Sembilan P. A. 400-. 



K. Selangor I). P. A. 400-. 



„ B. Tiga D. P. A. 400-. 



Klang D. P. A. 400-. 



Malacca P. A. 400-. 



,, Johore P. A. 3Q0-. 



,, Raub D. P. A. 200- 



., Kapar D. P. A. 200-. 



„ K. Langat D. P. A. 200-. 



$4,800-. 



