ANNUAL REPORT. 



5 



9. Finance, 



The Statement of Eeceipts and Expenditure attached hereto 

 is, on the face of it, satisfactory, and when the debtors and 

 creditors at the beginning and end of the year are taken into 

 account, it shows a distinct improvement in the Financial 

 position of the Institute after the twelve months' working. 



10. Auditors, 



The thanks of the Council are again most cordially given to 

 Messrs. Sewell and Lance Gray for their kind services as 

 Auditors. 



11. The Gunning Prize. 



The Gunning Prize was awarded this year to the Eev. Parke 

 Poindexter Flournoy, D.D., of Maryland, U.S.A., for the best 

 essay received by the Council on the Subject of " The Bearing of 

 Archaeological and Historical Kesearch upon the New Testament." 

 It will be read at the meeting to be held on the 17th of March 

 and published in the next Volume.* 



12. Conclusion. 



Members will have noticed that in drawing up the list of 

 subjects for the last and current Sessions, special prominence 

 has been given to those which, in the words of our First 

 Object, " bear upon the great truths revealed in Holy 

 Scripture." This the Council believe to be the highest purpose 

 of the Institute, and they hope that it is in accord with 

 the desires of the Members. Any comments on this or on the 

 working of the Institute generally will be much valued and 

 will be carefully considered by the Council. 



Science to-day is tending more and more to the recognition 

 of the Hand of God in the Universe, in its material aspects, in 

 its varied forms of life, and above all in the development and 

 influence of the Spirit of Man, His highest work. 



Philosophy, too, may be taken to be more than ever a true 

 servant of Christianity, claiming for its Divine Founder the 

 position always given Him in the New Testament and by His 

 humble and obedient disciples. 



* That is, the present volume, see pp. 139-170. — Ed. 



