19 
The payment of subscriptions under Deed of Covenant is growing and, it is 
hoped, will continue to grow as the benefits to the Society are substantial and 
help to account for the satisfactory condition of the Society's finances. The only 
long term worry is the Society's house which is old and requires constant repair, 
although here the Council would like to pay tribute to the untiring work of the 
Honorary Architect, Mr. A. J. Butcher, f.r.i.b.a. The Council must, however, 
look ahead to the time when some rebuilding may be necessary, and a strengthen- 
ing of the Society's reserves is something to be borne continually in mind. 
The Council has already given some thought to a gradual revision of the 
Society's investments, to afford some protection against inflation. Until com- 
paratively recently the Society was, as a Charity, confined to what are known as 
"Trustee Investments". Now, however, the power of Trustees has been con- 
siderably widened, enabling them to hold a proportion of equity (i.e. ordinary) 
stocks and shares, which constitute a "hedge" against inflation. Further considera- 
tion of this problem will be undertaken during the current year. 
Another matter which has been started and is still proceeding is an overhaul 
of the Society's insurances. It is five years since this was last done and con- 
siderable changes in value have taken place since then; for example, the value 
of the Society's Library has increased by nearly 100%, and there has also been a 
considerable increase in value of the Museum exhibits — previously not insured. 
It is expected this review will be completed before long — at the moment we 
are awaiting quotations. 
Each year it is the sad task to record the death of members who have given of 
their best to the Society. Obituaries of three such members appear in these 
Proceedings. 
Hectare*, Jftelb jWeettng£ anb Vi$it#, 1967=68 
Lectures open to the public free of charge are shown by the letter P after the 
date. Degrees and other qualifications are inserted only after the first mention 
of names. 
The programme comprised 59 Lectures, 51 Excursions and Field Meetings, 
11 Members' Days and 7 Cine Subscription Programmes, making a total of 128. 
The Annual General Meeting, 12 monthly Council Meetings, and regular meetings 
of Committees were held as usual. 
GENERAL 
LECTURE 
Oct. 
Feb. 
Feb. 
Feb. 
Apl. 27 
14 Presidential Address : Geological Studies in 
17th Century England 
3p Projects in Natural History and Biology 
at Bryanston School 
Studland Heath Nature Reserve 
Hod Hill : Film of the work done by the 
Dorset Naturalists' Trust 
Our Local Heritage 
12 
17 
LECTURER 
Prof F. Hods on, PH.D., 
F.G.S. 
G. D. Harthan, b.a. 
and 2 sixth-form boys 
W. G. Teagle 
Mrs. Angela Hughes 
Chairmen of Sections 
FIELD MEETING OR VISIT 
May 7 
to 9 
Aug. 8 
Oct. 21 
Nov. 18 
LEADER 
Miss F. M. Exton, B.A. 
W. C. Thomas 
Three-Day Field Meeting to North Devon 
and Somerset 
Coach Tour of "Hardy" Country 
SECTIONS 
Archaeology and History Chairman: Mrs. C. Simpson 
LECTURE 
The Builders of Silbury Hill 
The Dawn of Civilization: The Food 
Plants of Man from the Primitive to the 
Bronze Age 
LECTURER 
Mrs. C. Simpson 
E. Chambers, f.l.s. 
