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Excerpt from Journal of the Transactions of the Victoria Institute, or Philosophical Society of Great Britain, 1907, Vol. 39 Was formed for investigating the financial position of the Institute, with a view to equalising the income and expenditure more nearly than at present. Owing to the excess of the latter over the former, the Council requested the Trustees to sell out a sum of 200 consols from the reserve fund, and this, owing to the low price of consols, only produced 198 33. 7d. At the same time, in order to still further meet our obligations, an appeal was issued to Members and Associates, which up to the present has brought in the sum of 46 103. 6d. I cannot suppose that this sum represents the extent to which our adherents are able and willing to help the Institute to maintain its position. Amongst the numerous appeals which are con stantly being made to them for objects more or less worthy, it is probable that this appeal may have escaped the notice of manylwho would be willing to subscribe. A list of subscribers is appended to the Report, and is still open. Our main cause of expense is the heavy rent of our offices. Yet, their desirable and convenient situation, and their long association with the Institute, induces the Council to hesitate before removing to other offices less expensive but less eligible. Personally, your Secretary, whom the Committee kindly took into their counsels, feels the greatest disinclination to move to another office, and has offered to relinquish a considerable part of his salary in order to ease the financial situation. This proposal, however, the Council would not accept, and so the matter stands. It should be stated that during the examination of the accounts. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

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