PROCEEDINGS OF THE SOCIETY. 
95 
It must next be pointed out that there were only fourteen Fellows 
elected last year — a number far below that of the resignations and deaths 
for the same period. It was therefore incumbent on them all to do their 
best to increase the present roll of Fellowship. 
He must also draw attention to the expenditure of the Society. The 
largest item, as they were well aware, was for the publication of the 
Journal. He believed it was considered that the Society’s Journal was 
unique among those of the other learned Societies ; for not only did it 
deal with Microscopical work proper, but it gave an abstract index of 
current Zoological and Botanical Literature. This entailed an enormous 
amount of work and expense, and he thought it was but right that the 
Fellows should know that the outlay on the Journal exceeded 900Z. per 
annum. 
One of the first and most pressing duties of the new Council would 
be to deal with that question ; and he thought it would materially assist 
them in their deliberations if the Fellows would express their views as 
to the value to them, as Microscopists, of the Journal in its present form ; 
that, however, he was asking on his own responsibility. 
He should like to state that his policy as President would be to 
endeavour, at all costs, to keep the Society’s expenditure well within its 
income ; and he felt sure he might confidently ask the Fellows to give 
their hearty support to the Council and Officers to carry out that course. 
On the other hand, he wished it clearly to be understood that, if the 
Fellows disapproved of the views he had expressed, and were not pre- 
pared to render their loyal support to such plans as the Council might 
decide upon to extricate the Society from its present somewhat difficult 
position, he trusted they would inform him, and allow him to vacate 
that chair at ^once, in favour of some one who would better represent 
them. 
He had only one more duty to perform, and that was to ask them to 
accord a very hearty vote of thanks to their old friend Mr. Michael, for 
the very able address with which he had favoured them that evening. 
In it he had touched upon both branches with which the Society was 
accustomed to interest itself, and it would therefore, no doubt, be read 
with great interest by all. He was very glad to hear Mr. Michael say 
that he was going still to be with them, because it was too often the fact 
that when a Fellow ceased to be President, they saw very little of him 
afterwards ; but, although Mr. Michael had made some allusion to his 
work as to some extent affecting his attendance, it was (he thought) very 
seldom that he had been absent from their meetings. 
Mr. Yezey said he should like to second the vote of thanks to Mr. 
Michael, whom he was afraid he must now call the ex-President ; and in 
doing so he would point out that the duties devolving on the President 
were not simply those of presiding at the meetings held in that room, 
but he was ex-officio Chairman of the Council, and in this respect Mr. 
Michael’s duties had been anything but light in the past year, and his 
wise counsel and guidance had been invaluable. Although, therefore, it 
was quite true that they cordially welcomed the new President, it was 
equally true that they parted from the late President with great regret. 
Mr. Michael felt he need not say more than that he thanked the 
Fellows present very heartily for the way in which his Address had 
