SI tow of 1905 . 
XXXY 
Park Royal shares — that is to say, they 
would run the risk of parting with 
one-quarter of their property. He 
did not think this would be a wise 
proceeding on their part at the present 
moment, just as they were asking for 
a new Charter with a view of carrying 
on the Society’s operations on a 
different basis. 
Mr. Harrison said the all-impor- 
tant question was whether the Council 
thought it wise, with the sum which 
had been guaranteed, to have a Show 
this year. That appeared to be a 
more important question than the 
offer made by the Great Western 
Railway Company. He thought it 
would be better for the Council to 
focus their consideration upon that 
point. The loss on the Show last year 
was 6,920Z., but it was understood 
that the cost of this year’s Show 
would be from 1,500Z. to 2,00<M. less 
than last year. They all knew that 
their advertising in London to the 
extent they did in 190T did not suc- 
ceed in bringing a large attendance to 
the Show, and no doubt the Council 
had acted wisely in not allowing a 
sum of more than 1,00CP. for adver- 
tising purposes this year, which would 
be a saving of some 1,300Z. or 1 ,400Z. 
There were also, in his opinion, many 
economies which could be effected 
with respect to the administration of 
the Showyard. He thought that the 
implement section would be repre- 
sented to the same amount at the Show 
of this year that they were in 1904. 
The carriage exhibitors did not make 
much of a display in 1904, but he 
thought that an improvement could 
be effected in this connection with 
regard to the 1905 Show. If econo- 
mies could be made to the amount of 
some 2,000Z. or 3,000^., they could 
then face, on the basis of last year, a 
probable deficit of 4,000Z. ; and they 
had over 6,000Z. guaranteed at the 
present time. 
Sir Jacob Wilson said that if they 
were justified in having a Show in 
1904, by which there was a loss of 
6,900^., they were standing in a better 
position than last year with the 
money that had been promised. 
Further, he felt that there could be 
no objection also to adopting the 
generous offer which had been made 
by Lord Cawdor on behalf of the 
Great Western Railway Company. 
He objected, however, to the perma- 
nent handing over to that company of 
any of the Park Royal shares. If any 
money was required to make up any 
deficit in connection with the 1905 
Show, sufficient shares could be handed 
over to the Great Western Company 
to be held till they could be redeemed. 
He trusted, however, that the money 
would not be required. 
The Earl of Feversham observed 
that if the Society could repay any 
advance which might be made by the 
Great Western Railway Company, 
they would then perhaps be in a more 
independent position. On the other 
hand, they must recollect that it 
would be an advantage to the per- 
manent interests of the Society if 
it co-operated with a great railway 
company. He did not see why they 
should be jealous of any offer the 
Great Western Company had made. 
He thought that in the interests of this 
Society, not only now, but in the 
future, it should be accepted. 
Mr. Christopher Middleton 
said that he would be reluctant to 
advocate the acceptance of the Great 
Western Railway Company’s proposal, 
as he should like to see the Society’s 
assets kept intact. Moreover, he did 
not know how many of those who had 
subscribed the 6,00(F. would be con- 
tent that the Society should accept 
the Company’s suggestion. He was 
of the opinion that the Society might 
hold a Show at Park Royal this year 
with the money already raised, and 
he would venture to hope that, 
should a Show be held in 1905, no 
greater loss than the 6,000£. could 
occur, taking into consideration the 
economies mentioned. He proposed 
that the Council should decide to 
hold a Show in 1905, with the 
promises already received. He there- 
fore moved : “That the Society’s Show 
be held at Park Royal in 1905 on the 
present subscriptions and guarantees, 
and any further subscriptions and 
guarantees that may be obtained.” 
Mr. Stratton said he desired to 
second the proposition of Mr. 
Middleton that a Show should be 
held this year with the guarantee of 
6,000£. already received. He was of 
