The Presidential Address. 
61 
compelled to publish through other channels, to the serious 
detriment of our ‘ Transactions.’ Whether we shah in future 
find that our scientific contributions are always in excess of 
our available income cannot be with certainty foreseen. If, 
however, our numbers continue to increase as steadilv as 
«/ 
they have diming* the last three years, and if, moreover, we 
give force to certain rules of economv which we have con- 
sidered in Council, I venture to think that before long we 
shall bring about the necessary equilibration between income 
and expenditure without pushing our publications into the 
background. Under anv circumstances it is most desirable 
to be able to clear off our present list of papers, and at the 
same time to be in a position to meet future emergencies. 
Seeing how liberally we have been supported on former 
occasions, in ah appeals to our members in aid of special 
investigations, I have considerable hesitation in suggesting 
the raising of another fund; and will content myself by merely 
hinting that ah those who have the Club’s interests in view 
can aid in this matter by giving a small annual donation in 
addition to then - ordinary subscription. It is only the strong 
feeling which I possess with regard to the importance to the 
future welfare of the Society, of publishing well and fre¬ 
quently, that has induced me to speak out my mind on this 
point: and I am encouraged in this by the circumstance 
that the proposal has already met with a ready response on 
the part of many members to whom the matter has been 
broached, several having volunteered to double their sub¬ 
scriptions in order to further the work of publication. The 
advantage which would accrue to ah our members by an 
increase in the size of our volume of 4 Transactions ’ is too 
obvious to require insisting upon here. 
It is with great pleasure that I am able to announce 
several handsome donations towards the expenses connected 
with the forthcoming part of the 4 Transactions.’ From 
Mr. T. C. Baring, M.P., we have received a cheque for T10 ; 
Mr. T. Y. Holmes has generously offered to defray the cost 
of two large plates to illustrate his paper on “ Deneholes” ; 
Mr. Worthington Smith has also undertaken to illustrate his 
