XXXIX 
WEDNESDAY,  MAY  4,  1904. 
THE  EARL  OF  DERBY,  K.G.  (PRESIDENT),  IN  THE  CHAIR. 
Present : 
Trusti’ex. — Earl  Cawdor,  the  Earl 
of  Coventry.  Earl  Egerton  of  Tatton, 
Sir  Walter  Gilbey,  Bart..  Colonel  Sir 
Nigel  Kingscote,  G.C.V.O.,  K.C.B., 
Viscount  Ridley,  Earl  Spencer,  K.G., 
Sir  John  H.  Thorold,  Bart. 
Vice  - Presidents. — H.  R.  H.  Prince 
Christian,  K.G.,  Mr.  Victor  C.  W. 
Cavendish,  SI.P.,  the  Earl  of  Jersey, 
G. C.B.,  The  Right  Hon.  Sir  Massey 
Lopes,  Bart.,  Lord  Moreton,  Mr.  G. 
H.  Sanday,  Mr.  Charles  Whitehead, 
Sir  Jacob  Wilson. 
Other  Members  of  Council. — Mr. 
Alfred  Ashworth,  Viscount  Baring, 
Mr.  J.  Bowen- Jones,  Lord  Brougham 
and  Vaux,  Mr.  F.  S.  W.  Cornwallis, 
Mr.  Percy  Crutchley,  Mr.  Alfred  E.  W. 
Darby,  Mr.  J.  Marshall  Dugdale,  the 
Hon.  A.  E.  Fellowes,  M.P.,  Mr.  S.  P. 
Foster,  Mr.  W.  Frankish,  Mi'.  Hugh 
Gorringe,  the  Marquis  of  Granby, 
Mr.  R.  JI.  Greaves,  Mr.  W.  Harrison, 
Mr.  R.  W.  Hobbs,  Mr.  James  Hornsby, 
Mr.  John  Howard  Howard,  Captain 
W.  S.  B.  Levett,  Mr.  Henry  D.  Marshall, 
Mr.  Joseph  Martin.  Lord  Middleton, 
Mr.  T.  H.  Miller,  Sir  P.  Albert  Muniz, 
Bart.,  M.P..  Mr.  Albert  Pell,  Mr.  W. 
A.  Prout,  Mr.  J.  E.  Ransome,  Mr.  F. 
Reynard,  Mr.C.  C.  Rogers,  Mr.  Howard 
P.  Ryland,  Mr.  W.  Scoby,  Mr.  E.  W. 
Shaekle,  Mr.  A.  J.  Smith,  Mr.  E. 
W.  Stanyforth,  Mr.  R.  Stratton,  Mr. 
Martin  J.  Sutton.  Mr.  Garrett  Tajdor, 
Mr.  J.  P.  Terry,  Mr.  E.  V.  V.  Wheeler, 
Mr.  C.  W.  Wilson. 
Election  of  New  Governors  and  Members. 
The  minutes  of  the  last  meeting  of 
the  Council,  held  on  April  13,  1904, 
having  been  taken  as  read  and  ap- 
proved, the  election  of  one  Governor 
and  forty-five  new  Members  was  pro- 
ceeded with. 
Finance. 
Sir  Nigel  Kingscote  (Chairman) 
reported  that  the  accounts  for  the 
month  of  April,  1904,  showed  re- 
ceipts amounting  to  3,.5.t6/.  10.«.  4rf., 
and  expenditure  amounting  to  2,768Z. 
8s.  4<f.  (including  the  sura  of  2,0007. 
repaid  to  the  Society’s  Bankers). 
Accounts  amounting  in  all  to  1,2537. 
8.f.  Id.  had  been  passed.  The  Com- 
mittee further  reported  that  they 
had  held  a special  meeting  on  April 
18  for  the  purpose  of  settling  with 
the  Society’s  professional  Accountants 
a new  form  of  balance-sheet  for  the 
year  1903.  This  balance-sheet,  with 
the  statement  of  ordinary  income  and 
expenditure  for  1903  [see  pj).  xii 
et  seq.],  had  now  been  audited  by 
the  three  Auditors  appointed  by  the 
Members,  and  would  be  issued,  as 
usual,  with  the  Report  of  the  Council 
to  the  Anniversary  General  Meeting 
on  May  30. 
Sub-Committee  on  Finance. 
The  Council  t hen  proceeded  to  take 
into  consideration,  the  Report  of  the 
Sub-commit  tee  on  Finance  presented 
at  the  April  meeting.  On  the  motion  of 
Sir  Nigel  Kingscote,  it  was  resolved 
that  this  Report  be  considered  in 
Committee  of  the  whole  Council, 
and  a lengthy  discussion  ensued  in 
Committee,  in  which  many  of  those 
present  took  part.  Eventually  the 
Report  was  received  and  adopted,  its 
recommendations — from  the  adoption 
of  which  it  is  expected  that  substantial 
economies  will  result — being  referred 
to  the  several  spending  Committees 
concerned. 
Journal. 
Sir  John  Thorold  (Chairman) 
reported  that  as  tliere  was  now  a 
constant  demand  for  the  Farm  .Account 
Books  recommended  by  the  Society  in 
1883,  these  books  were  about  to  be 
I eprinted  with  slight  amendments,  and 
they  would  continue  to  be  published 
for  the  Society  as  heretofore  by 
Messrs.  Forster,  Groom  & Co.,  of  15 
Charing  Cross,  S.W.  The  Account 
Books  consisted  of  (1)  a Diary,  com- 
bining the  cash  account  wiih  a daily 
record  of  aU  farm  transactions,  and 
(2)  a Farm  Account  Book,  showing 
payments  and  receipts,  and  supjilying 
a form  of  annual  balance-sheet. 
Whilst  not  doubting  the  value  of  other 
account  books  (especially  the  labour 
book,  the  cash  book,  the  stock  book. 
