iv " Report to the General Meeting. 
to one locality that system of management which has been proved 
to be successful in another similar locality. 
In order to obtain a knowledge of the most approved systems 
of husbandry practised in different localities, the Society not only 
holds its Country Meetings, from year to year, in various districts, 
but incites and remunerates by its prizes for County Reports, and 
Essays on distinct topics of inquiry, that communication of prac- 
tical experience which, by publication in the Journal, becomes 
accessible to the agricultural community. At those Meetings, 
the knowledge of local excellence, acquired on the spot, is repaid 
by the exhibition of whatever has been found most desirable in 
breed of stock, or economical in the construction of implements ; 
and that mutual interchange of opinion amongst farmers them- 
selves which tends to establish a good understanding among all 
parties connected with agricultural pursuits, and to remove those 
local prejudices which have so long retarded its progress. 
Since the last General Meeting in December, the Council 
have had under their consideration the details connected with the 
following general subjects : — 
1. The Finances of the Society; 
2. The Annual Country Meetings; and 
3. The Prizes for Reports and Essays for 1846 
and 1847. 
Finances. 
The Finance Committee have prepared, agreeably with the 
order of the Council, the first return of a quarterly statement of 
the receipts and payments, estimated income and liabilities of the 
Society, which will in future be made at the end of every three 
months. They have also submitted to the Council their Report 
on the funded property of the Society, and the arrears of sub- 
scription, as well as ther final balance sheet of the Shrewsbury 
Meeting account. 
The Finance Committee reported, at their last monthly meet- 
ing, that the invested capital of the Society consisted of 7000/. 
stock, and that the current cash-balance in the hands of the 
