﻿620 
  Proceedings. 
  

  

  probably 
  called 
  wealtli 
  by 
  most. 
  Again, 
  it 
  did 
  not 
  clearly 
  appear 
  in 
  vfhat 
  sense 
  Mr. 
  

   Carruthers 
  used 
  the 
  words 
  " 
  wealth 
  of 
  the 
  •world" 
  as 
  different 
  from 
  simply 
  weal^. 
  Mr. 
  

   Carruthers 
  spoke 
  also 
  of 
  " 
  capital 
  " 
  and 
  " 
  capital 
  of 
  the 
  country." 
  Mr. 
  Chapman 
  wished 
  

   to 
  know 
  the 
  difference 
  between 
  capital 
  of 
  the 
  country 
  and 
  wealth 
  of 
  the 
  country. 
  

  

  Mr. 
  Carruthers, 
  in 
  reply, 
  said 
  it 
  was 
  not 
  necessary 
  to 
  go 
  into 
  metaphysical 
  nicety 
  in 
  

   deiinitions 
  of 
  political 
  economy 
  ; 
  that 
  it 
  certainly 
  was 
  impossible, 
  as 
  remarked 
  by 
  Mr. 
  

   Maxwell, 
  to 
  strictly 
  define 
  the 
  boundary 
  between 
  implements 
  and 
  wealth 
  which 
  is 
  useful 
  

   for 
  its 
  own 
  sake. 
  Bread 
  might 
  be 
  said 
  to 
  be 
  an 
  implement 
  for 
  satisfying 
  hunger, 
  and 
  the 
  

   satisfaction 
  of 
  hunger 
  an 
  implement 
  for 
  procuring 
  happiness. 
  But 
  the 
  division 
  which 
  he 
  

   had 
  suggested 
  of 
  wealth 
  was 
  useful, 
  and 
  quite 
  accurate 
  enough 
  for 
  the 
  purposes 
  of 
  the 
  

   science. 
  He 
  said, 
  in 
  reply 
  to 
  Mr. 
  Chapman, 
  that 
  by 
  man 
  he 
  meant 
  any 
  one 
  man, 
  and 
  

   that 
  the 
  stone 
  which 
  ^Jleased 
  a 
  lunatic 
  was 
  wealth 
  as 
  fully 
  as 
  the 
  diamond 
  which 
  pleased 
  

   people 
  who 
  were 
  not 
  lunatics. 
  A 
  torpedo 
  was 
  wealth, 
  because 
  it 
  was 
  useful 
  to 
  the 
  user 
  ; 
  

   he 
  did 
  not 
  recognize 
  any 
  algebraical 
  minus 
  sign 
  which 
  would 
  make 
  the 
  discomfort 
  which 
  

   the 
  torpedo 
  caused 
  to 
  the 
  person 
  against 
  whom 
  it 
  was 
  used 
  neutralize 
  the 
  advantage 
  

   which 
  it 
  gave 
  to 
  the 
  user 
  ; 
  The 
  wealth 
  of 
  the 
  world 
  meant 
  the 
  sum 
  total 
  of 
  useful 
  things 
  

   at 
  any 
  time 
  in 
  existence. 
  He 
  said 
  he 
  did 
  not 
  use 
  the 
  word 
  capital 
  as 
  meaning 
  wealth 
  at 
  all 
  ; 
  

   he 
  considered 
  it 
  a 
  word 
  which 
  should 
  be 
  altogether 
  given 
  up 
  by 
  the 
  political 
  economist, 
  

   as 
  being 
  too 
  likely 
  to 
  suggest 
  meanings 
  different 
  from 
  the 
  definition. 
  

  

  The 
  Chairman 
  proposed 
  a 
  vote 
  of 
  thanks 
  to 
  Mr. 
  Carruthers, 
  not 
  only 
  for 
  his 
  present 
  

   paper, 
  but 
  for 
  the 
  great 
  assistance 
  he 
  had 
  always 
  rendered 
  to 
  the 
  society. 
  He 
  regretted 
  

   that 
  the 
  society 
  should 
  lose 
  such 
  a 
  valuable 
  member, 
  and 
  he 
  had 
  hoped 
  to 
  see 
  Mr. 
  

   Carruthers 
  one 
  day 
  president, 
  as 
  he 
  had 
  no 
  doubt 
  he 
  would 
  have 
  been 
  had 
  he 
  remained 
  in 
  

   Wellington. 
  

  

  The 
  vote 
  of 
  thanks 
  was 
  carried 
  by 
  acclamation, 
  and 
  Mr. 
  Carruthers 
  briefly 
  returned 
  

   thanks 
  for 
  the 
  good 
  wishes 
  of 
  the 
  society 
  towards 
  him. 
  

  

  Second 
  Meeting. 
  3rd 
  August, 
  1878. 
  

   T. 
  Kirk, 
  F.L.S., 
  President, 
  in 
  the 
  chair. 
  

   Neiv 
  Members. 
  — 
  Eev. 
  Father 
  Sauzeau 
  of 
  Blenheim, 
  A. 
  P. 
  Stuart, 
  J. 
  G. 
  Fox. 
  

  

  In 
  opening 
  the 
  proceedings, 
  the 
  President 
  remarked 
  that 
  the 
  Society 
  had 
  entered 
  

   upon 
  the 
  second 
  decade 
  of 
  its 
  existence 
  as 
  a 
  society 
  affiliated 
  to 
  the 
  New 
  Zealand 
  Insti- 
  

   tute. 
  Looking 
  back 
  to 
  the 
  close 
  of 
  the 
  first 
  volume 
  of 
  Transactions, 
  he 
  found 
  that 
  the 
  

   number 
  of 
  members 
  had 
  increased 
  from 
  102 
  to 
  225, 
  and 
  that 
  the 
  total 
  of 
  affiliated 
  

   societies 
  had 
  increased 
  from 
  four 
  to 
  seven, 
  numbering 
  considerably 
  over 
  1,100 
  members, 
  a 
  

   fact 
  which 
  was 
  exceedingly 
  gratifying, 
  as 
  showing 
  that 
  the 
  taste 
  for 
  scientific 
  pursuits 
  

   was 
  widely 
  diffused 
  through 
  the 
  colony. 
  The 
  ten 
  volumes 
  of 
  Transactions 
  had 
  been 
  con- 
  

   tributed 
  by 
  about 
  200 
  workers, 
  and 
  contained 
  a 
  vast 
  amount 
  of 
  information 
  of 
  great 
  value 
  

   on 
  the 
  zoology, 
  botany, 
  and 
  geology 
  of 
  the 
  country, 
  but 
  not 
  in 
  a 
  shape 
  fully 
  available 
  for 
  

   the 
  general 
  public. 
  It 
  was 
  therefore 
  advisable 
  that 
  a 
  united 
  effort 
  should 
  be 
  made 
  by 
  the 
  

   various 
  societies 
  to 
  provide 
  funds 
  for 
  the 
  publication 
  of 
  a 
  Fauna 
  of 
  New 
  Zealand 
  as 
  

   complete 
  as 
  the 
  present 
  state 
  of 
  our 
  knowledge 
  would 
  allow. 
  He 
  referred 
  to 
  the 
  recently 
  

   published 
  parts 
  of 
  Mr. 
  Buchanan's 
  work 
  on 
  the 
  indigenous 
  grasses 
  of 
  New 
  Zealand 
  as 
  a 
  

   step 
  in 
  this 
  direction, 
  and 
  characterized 
  the 
  plates 
  as 
  creditable 
  alike 
  to 
  the 
  author, 
  the 
  

   Geological 
  Survey 
  Department, 
  and 
  the 
  colony, 
  and 
  expressed 
  his 
  regret 
  that 
  the 
  plan 
  of 
  

   the 
  work 
  had 
  not 
  been 
  so 
  extended 
  as 
  to 
  admit 
  of 
  its 
  being 
  brought 
  fully 
  abreast 
  of 
  the 
  

   botanical 
  knowledge 
  of 
  the 
  day, 
  

  

  