5 lo  Address  of  President  R.  P.  Fisckelis.     { ^''juiy^^^: 
would  recommend  fixing  the  annual  dues  of  all  members  at  50  cents 
per  annum  with  the  proviso  that  no  member  shall  ever  be  charged 
more  than  $1.00  for  arrears  no  matter  how  great  his  arrearage  may 
be.  This  may  not  sound  business-like  at  first  but  I  am  connected 
with  an  alumni  association  which  has  found  this  the  most  effective 
way  of  sustaining  itself.  The  man  who  pays  his  dues  regularly  will 
hand  you  a  dollar  for  two  years  dues  whenever  you  let  him  know  it  is 
due  and  the  fellow  who  ignores  bills  for  five  years  and  then  becomes 
reticent  about  attending  alumni  reunions  or  college  affairs  because 
he  is  behind  will  feel  happy  when  he  is  told  he  only  owes  $1.00,  and 
may  become  an  active  worker  when  under  another  system  he  would 
probably  never  go  near  the  college  again. 
An  Investment  Fund  has  been  started  by  the  purchase  of  one 
$100  Fourth  U.  S.  Liberty  Bond.  Should  any  of  our  members 
desire  to  add  to  this  fund  by  contributions  of  Liberty  Bonds  or  cash 
in  substantial  amounts,  either  would  be  most  gratefully  received. 
The  association  officers  are  very  desirous  of  securing  an  Investment 
Fund  of  $10,000  in  order  to  provide  a  regular  source  of  income  which 
will  be  most  faithfully  and  carefully  used  to  advance  the  interests 
and  good-name  of  our  century-old  college.  Of  course,  any  con- 
tribution to  the  above-mentioned  fund  must  be  made  without 
prejudice  to  any  fund  the  college  may  endeavor  to  raise. 
For  the  first  time  in  a  great  many  years  the  Alumni  Association 
this  year  extended  a  formal  welcome  to  the  first  year  class  of  the 
college.  A  high  grade  entertainment  was  provided  by  the  com- 
mittee on  reception  and  a  splendid  address  by  Hon,  Franklin  S. 
Edmonds  featured  the  affair.  Practically  the  entire  dass  and  a 
good  representation  of  alumni  attended.  It  is  very  important  that 
incoming  students  be  made  to  feel  at  home  at  the  college  and  that 
the  Philadelphia  College  of  Pharmacy  spirit  be  displayed  to  them 
at  the  earliest  possible  moment.  I,  therefore,  recommend  that  a 
reception  and  entertainment  by  the  Alumni  Association  to  the 
incoming  classes  be  considered  as  an  annual  custom  and  that  it  be 
held  before  Thanksgiving  day  each  year. 
It  is  a  pleasure  to  note  that  eight  alumni  of  the  Philadelphia 
College  of  Pharmacy  were  elected  to  the  Committee  of  Revision  of 
the  United  States  Pharmacopoeia  at  the  recent  Pharmacopoeial 
Convention,  and  it  is  still  more  gratifying  for  us  that  the  high  honor 
of  being  Chairman  of  this  committee  has  again  fallen  to  a  Phila- 
