PROCEEDINGS 
OF THE 
ROYAL SOCIETY OF EDINBURGH. 
vol. xxxix. 1918 - 19 . 
I. — The Endowment of Scientific and Industrial Research. 
By John Horne, LL.D., F.R.S. 
(MS. received November 5, 1918. Read November 4, 1918.) 
We begin another session in the fifth year of this unparalleled war with 
the certainty that freedom, justice, and the rights of small nationalities, 
for which the Allies have so bravely fought, will ultimately triumph. The 
administration of the affairs of the Society under conditions so abnormal 
has caused considerable anxiety. The great increase in the cost of paper 
and printing compelled the Council last session to limit the expenditure 
on the Transactions and Proceedings. By adhering rigidly to certain 
resolutions which they laid down, they have enabled the Treasurer to 
present a more favourable financial report than was expected. The 
Council reluctantly declined some papers for publication for the sole 
reason that they did not wish to augment the Society’s liabilities. 
I take the liberty of again directing the attention of the Fellows to 
the necessity of presenting papers in the briefest and clearest form, and 
of restricting the number of illustrations in accordance with the notice 
inserted by the Secretary in the billets. It is also essential that authors 
who are eligible for Carnegie Trust grants should apply for grants from 
the Carnegie Trust to cover the cost of illustrations. 
During last session a committee was appointed by the Council to 
consider the method of refereeing of papers and awarding of prizes. The 
report presented by the Committee and adopted by the Council ought, in 
my opinion, to be communicated to the Fellows. It runs as follows: — 
VOL. XXXIX. 1 
