24 
HONORARY treasurer’s REPORT FOR 1947. 
spent our income in the (leiie/ral Fund to the extent of £53 and out ot 
the balance availalile at the end of the year we should under normal 
circumstances provide for the 1946 and 1947 Reports. These are in 
pre[)aration and special arrangements are being made for financing a 
new periodical. 
The item on account of OfficeFs Expenses deserves a brief explana- 
tion. Before the war certain officers were paid an Honorarium to cover 
incidental expenditure in connection with their work but in recent 
years this has been discontinued. Since the xipkeep of a typewriter, 
travelling expenses to and from Oxford and similar items are costlj- 
your officers in recent years have done their work at appreciable ex- 
pense to themselves and a special Sub-committee have decided that, 
subject to the approval of the President, certain costs may be refunded. 
This covers only expenditure after February 1947, and the claims so 
far have been modest. 
The balance of the Puhlications Fund is being steadily built up with 
a view to paying for fresh editions of Comital Flora and the British 
Plant List. The temporary opportunity given to members of buying 
the Flora of Northamptonshire at a reduced rate (which is still open) 
has accounted for the higher credit from this source. The other Funds 
remain unchanged. 
In Octol>er it was agreed by members at a Special General Meeting 
that the subscription for all except Junior and Family Members should 
be increa.sed to one guinea a year from January 1st, 1948. This in- 
crease is necessary to provide the increased publications which it is 
hoped to offer to members next year and to facilitate other advantages 
of membership at a time when costs are still rising. Unfortunately, 
there was some delay in despatching the notice of the increase dated 
November 1st and many members were therefore put to considerable 
inconvenience. For this 1 would offer my sincere apologies, although 
the delay was entirely beyond my control. 
The balance standing to members’ credit for subscriptions paid in 
advance amounted to £54 2s on December 31st, 1947, when we also 
held £1 Is 3d on account of an Honorary Member for publications to 
be ordered. 
I should like to express my gratitude to Mr Eric L. Swann for kindly 
undertaking the work of collecting subscriptions. His appointment as 
Honorary Assistant Treasurer will leave me free to deal with the in- 
creasing duties arising out of the greater activity of the Society which 
has proved a serious though pleasurable burden during the past year. 
Except for applications from new members, all subscriptions .should now 
be sent to Mr Swann instead of to me as hitherto. I should also 
like to take this opportunity of putting on record the debt which the 
Society and the Treasurer owe to the late Mr H. W. Pugsley for audit- 
ing the annual accounts over a long period of years. His knowledge of 
the history and work of our organisation enabled him to make many 
helpful suggestions in connection with our finances. Our gratitude is 
