VI 
£ £ 
5,527  Brought  forward 5,661 
100 
150 
Exceptional  Expenditure. 
Furniture,  apparatus  and  fittings  for  Society’s  Botanist  and  Zoologist  at 
School  of  Agriculture,  Cambridge 100 
Painting  and  repairs,  16  Bedford  Square 70 
79  Preparing  Catalogue  for  Library,  and  Binding  Books 50 
Reprint  of  1,000  copies  of  Text  Book 80 
Contribution  towards  Motor  Trials 400 
2,500  Contribution  from  Governors’  and  Members’  Subscriptions  to  the 
expenses  of  the  Annual  Show 2,500 
8,356  Total  Estimated  Expenditure 8,861 
£ 
Estimated  Receipts 9,200 
Estimated  Expenditure 8,861 
Estimated  Receipts  over  Expenditure 
339 
Coming  to  the  estimates  for  the  present  year,  under  the  head  of  receipts, 
the  Finance  Committee  expected  from  Subscriptions  of  Governors  and 
Members  7,700Z.,  from  Interest  on  Daily  Balances,  lOOZ.,  from  Interest  on  Invest- 
ments 1,150Z.,  from  Sales  of  Text  Book,  Pamphlets,  &c.,  2.50Z.,  giving  an  estimated 
income  for  the  year  of  9,200Z.  On  the  expenditure  side  they  estimated  that 
the  salaries  of  the  OfBcial  Staff  would  be  the  same  as  last  year,  1,586Z. 
Pensions  to  Officials  would  be  215Z.,  a larger  sum  than  last  year,  because  it 
included  half  a year’s  salary  to  Mr.  Carruthers  and  also  one  half  year’s  pension. 
The  Rent,  Lighting,  &c.,  was  estimated  at  700Z.,  Printing  and  Stationery  400Z., 
Postage  and  Telegrams  200Z.,  and  Miscellaneous  400Z.  To  the  Journal  they 
had  allotted  710Z.,  as  they  felt  it  was  only  fair  that  another  lOZ.  should  be 
allowed  in  view  of  increased  membership.  The  number  of  Members  of  the 
Society  at  the  present  time  was  9,946,  and  since  the  end  of  1905  they  had 
increased  their  membership  by  776.  For  the  Chemical  Department  they 
estimated  600Z.,  Botanical  250Z.,  Zoological  200Z.,  Veterinary  200Z.,  and  Examina- 
tions for  National  Diplomas  200Z.  Under  the  head  of  exceptional  expendi- 
ture they  asked  the  Council  to  allow  the  sum  of  lOOZ.  for  furniture,  apparatus, 
and  fittings  required  for  the  two  rooms  which  had  been  generously  placed 
at  the  disi)Osal  of  the  Society  for  their  Botanist  and  Zoologist  by  the  Uni- 
versity of  Cambridge  in  their  new  buildings.  Under  the  terms  of  the  lease  of 
16  Bedford  Square,  they  were  bound  to  paint  the  outside  of  the  house  every 
three  years,  and  the  cost  of  this  work  would  be  about  70Z.  The  expenses  of 
preparing  Catalogue  for  Library  and  binding  books  would  be  50Z.  Last  year 
they  asked  the  Council  to  vote  250Z.  towards  printing  6,000  copies  of  the  Text 
Book,  and  only  94Z.  of  that  sum  had  been  expended.  The  demand  for  the 
Text  Book  was  still  very  great,  and  few  copies  were  left.  They  now  asked  for 
80Z.  to  reprint  1,000  copies.  The  Finance  Committee  had  requested  the  Journal 
Committee  to  go  very  carefully  into  the  question  of  the  revision  of  the  Text 
Book,  and  to  submit  an  estimate  of  the  cost,  but  of  course  nothing  would  be 
done  before  the  matter  had  been  brought  before  the  Council.  400Z.  was  to  be 
contributed  toward  the  Agricultural  Motor  Trials.  The  Society  felt  that  it  must 
undertake  these  important  trials,  which  would  be  extremely  expensive.  The 
Chairman  of  the  Implement  Committee  had  given  him  the  figure  of  400Z.  as 
an  approximate  one.  It  was  felt  that  it  would  not  be  fair  to  put  that  charge 
entirely  on  the  Show  Fund,  a7id  therefore  it  was  proposed  to  make  a contribu- 
tion of  4(X)Z.  out  of  the  Society’s  ordinary  funds  towards  the  expenses  of  these 
trials.  The  remaining  item  was  the  usual  contribution  of  2,.5(X)Z.  from  the 
Subscriptions  of  Governors  and  Members  to  the  Show  Fund.  The  total 
estimated  expenditure  was  8,861Z.,  and  the  receipts  9,200Z.,  giving  an  estimated 
credit  balance  for  the  year  of  339Z. 
In  conclusion,  Mr.  Adeare  hoped  the  Council  would  consider  that  the 
Society  was  financially  in  a satisfactory  condition,  but  they  had  still  a great 
deal  to  do.  He  had  heard  a whisper  that  they  were  thought  to  be  hoarding 
treasure,  which  was  quite  a new  accusation  to  level  against  the  Society.  He 
would  like  to  put  it  in  a different  way.  They  were  attempting  to  build  up 
such  a reserve  as  would  make  their  position  absolutely  stable,  and  that  would 
give  them  the  freedom  that  was  necessary  if  they  were  to  carry  out  their  work 
with  the  utmost  efficiency. 
