XVII 
& £j 
5,379 Brought forward 5,326 
Exceptional Expenditure. £ 
Donation to Secretary 100 
Additional Shelving for Library Books 50 
Expenses of preparing Catalogue for Library, and Binding Books . 100 
— 250 
Reprint of 5,000 copies of Text Book 250 
2,500 Contribution from Governors’ and Members' Subscriptions to the 
expenses of the Annual Show 2,500 
7,879 Total Estimated Expenditure 8,326 
Estimated Receipts 8,780 
Estimated Expenditure 8,326 
Estimated Receipts over Expenditure 454 
Taking- the estimates for the coming year, the Finance Committee estimate 
that from subscriptions of Governors and Members they will receive 7,480/., 
from interest on Daily Balances 100/., from interest on Investments 950/., from 
the sales of Text Books, Pamphlets, &c., 250/., making their total estimated 
receipts 8,780/. On the side of expenditure, under salaries of Secretary and 
Official Staff, there was an increase. He would like to point out with regard 
to this increase that four years ago the salaries of the staff were considerably 
reduced. It was generally considered that it was hard on them at the time, 
and they had had since then a greater amount of work put upon them than 
previously. Pension to Official, 40/. ; Rent, Lighting, Cleaning, Wages, Ac., 700/. ; 
Printing and Stationery, 400/. ; Postage and Telegrams. 200/. ; Miscellaneous, 
300/. ; Journal, 650/.-— an increase of 50/. recommended by tne Special Committee ; 
Chemical Department, 600/. ; Botanical Department, 250/. ; Zoological Depart- 
ment, 200/. ; Veterinary Department, 200/. ; Examinations for National Diploma, 
200/. Then, with regard to the exceptional expenditure, there was 100/. 
donation to their Secretary, Mr. McRow. He was quite sure the Council would 
support the Finance Committee in that recommendation. They had had good 
fortune during the last three years, but their present position to a great extent 
was not only due to fortune, but to hard work. No one had worked harder 
than Mr. McRow, and they owed him a great debt for the work he had done, 
and also for the courtesy and tact he had always shown to all Members of the 
Society. To return to the estimate— for additional shelving for library books 
50/. was required, for cataloguing and binding books 100/., and re-publication 
of Text Book 250/. Dr. Fream’s book sold practically as fast as they could 
print it, and the Journal Committee recommended that a further 5,000 copies 
should be prepared. He might say, with regard to that expenditure, that not 
only would it come back to the Society, but there would be a considerable 
profit. The contribution to the Show Account of 2,500/. would make a total 
estimated expenditure for the year of 8,326/., as against estimated receipts 
8,780/., giving an estimated balance of receipts over expenditure amounting to 
454/. 
In conclusion, Mr. Adeane said that they were getting through their period 
of stringency, and on the part of some there was a desire for expansion. He 
only hoped they would not go in for expansion too quickly, and that their ’ 
memories would not be too short, because it was only five years ago that the 
Society assembled together to consider whether their financial position would 
permit of the Royal Show being held in the ensuing year (1905). He thought 
they ought to secure the Society against ever being placed in such a position 
again. He hoped that if they kept all branches of the Society at a high level, 
and proper state of efficiency, Members would second them in their endeavour 
to build up a strong reserve fund for the Society. (Hear, hear.) He believed 
that that was the only way to place themselves outside any possible anxiety 
for the future. 
