Reports of Committees 91 



Cash on hand distributed as follows : 



In the First National Bank $ 872.27 



In Security Savings Bank 273.81 



In Savings Union Bank and Trust Co 726.71 



In War Savings Stamps 860.00 



Cash in Secretary's drawer 25.00 



Permanent Fund: $2,75779 



Balance in the Fund January i, 1919 $2,059.74 



Three new life memberships 150.00 



Part interest on Liberty Bonds 4145 



Interest on savings account 3.93 



Total in fund $2,255.12 



Distributed as follows : 



Bond of the Third Liberty Loan $1,000.00 



Bond of the Fourth Liberty Loan 1,000.00 



Cash in Security Savings Bank 255.12 



The Roberts. GillettFund: $2,255.12 

 Amount of the Fund $1,000.00 



Invested in bond of the Fifth Liberty Loan, 



Joseph N. Le Conte, Treasurer 



Secretary's Report 



To the Members of the Sierra Club: 



Two matters of vital interest are before the club at the present time 

 — the destruction of the finest of our redwood forests, and the menace 

 of sheep-grazing on the western slope of the Sierra Nevada. These 

 issues are discussed elsewhere in the Bulletin^ but too great stress can- 

 not be laid upon their urgency. Another matter of interest is the cre- 

 ation of the Roosevelt (or Greater Sequoia) National Park, which we 

 hope will become an accomplished fact this year. It is to be hoped that 

 the members will support the directors as earnestly as they have in the 

 past whenever action is demanded on these issues. 



One of the most important events of the year is the completion of the 

 new Le Conte Memorial Lodge. The expansion of Camp Curry threat- 

 ened to encroach on the old site of the lodge. The Camp Curry Com- 

 pany offered to rebuild the lodge in a more suitable place without ex- 

 pense to the Sierra Club; The building is a duplicate of the former 

 lodge and more substantially built, and the new site is in many ways 

 more attractive even than the old, giving a magnificent view of Yo- 

 semite Falls and Half Dome. It is near the site of the old schoolhouse 

 on the south side of the valley. 



