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2. As regards finance it will be seen by the duly audited balance sheet that while we entered the year 1904 with a credit balance of £73 9s. 8d., we entered the year 1905 with a balance of £28 2s. 10d., all bills outstanding having been paid.

3. The number of members and associates has slightly decreased since last year, which is probably to be attributed to the prevalent financial stress. It is much to be desired that our members should endeavour to enlist the interest and adherence of their friends.

The following is a statement of the numbers of the constituency of the Institute at the end of May, 1905:—

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4. The following is the new list of the Officers and Council:

President.

The Right Honourable The Earl of Halsbury, M.A., D.C.L., F.R.S. (Lord Chancellor).

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Council.

(In Order of Election.)

Rev. Principal James H. Rigg, D.D.
Maj. Kingsley O. Foster, J.P., F.R.A.S.
D. Howard, Esq., D.L., F.C.S., F.I.C., f.c.
(Trustee).

Rev. Dr. F. W. Tremlett, D.D., D.C.L., Ph.D.
Very Rev. Dean Wace, D.D. (Trustee).

Rev. Chancellor J. J. Lias, M.A.

Capt. E. W. Creak, C. B., R.N., F.R.S.

Rev. Canon R. B. Girdlestone, M.A.
General Halliday.

Rev. John Tuckwell, M. R.A.S.

Lieut.-Colonel Mackinlay, late R.A.

Theo. G. Pinches, Esq., LL.D., M.R.A.S.
Ven. Archdeacon W. M. Sinclair, M.A., D.D.
Gerard Smith, Esq., M.R.C.S.
Commander G. P. Heath, R.N.

Rev. Canon Tristram, M.A., D.D., LL.D.,
F.R.S.

Rev. G. F. Whidborne, M. A., F.G.S., F. R. G.S.
Lieut.-Gen. Sir H. L. Geary, K.C.B., R.A.
Walter Kidd, Esq., M.D., F.Z.S.
Edward Stanley M. Perowne, Esq.
Martin Luther Rouse, Esq., B.L

Rev. R. Ashington Bullen, M.A., F.G.S.

Colonel T. Holbein Hendley, C.I.E.

5. Deaths.

The Council regret to have to record the death during the past year of the following supporters of the Institute:

Colonel W. M. C. Acton, Major-General H. Aylmer, W. A. Browne, Esq., LL.D., Rev. Henry Brass, M.A., Right Rev. J. W. Bardsley, D.D., Bishop of Carlisle, Sir Mark W. Collet, D.L., F. H. Crozier, Esq., Colonel P. D. Marett, R.A., Captain A. Seton, R.A., The Ven. Archdeacon A. Stock, B.D., Julian Sturgis, Esq., Rev. M. T. Spencer, M.A., Rev. F. A. Walker, D.D., F.L.S., for many years a valued member of the Council, Rev. H. M. Webb-Peploe, M.A., The Right Hon. Lord Wynford, William Miller, Esq., Dr. Thomas Chaplin, member of the Council.

The Gunning Prize.-The Council are now able to announce the terms on which the award of the prize, arising from the interest of the sum of £500 left by His Excellency the late Dr. Gunning to the Institute. This prize, of the value of £40, is open for competition to all persons who shall have become members or associates within three months from the present date and whose subscriptions are not in arrear. It is to take the form of an essay, the subject for this year being, "The bearing of recent Oriental Discoveries on Old Testament History." A paper containing information regarding the rules and needful directions for the competition will be sent out immediately. The date for the reception of the competing essays is the 15th October next. The limit of the essay is fixed at about thirty pages of the type and size of the Journal.

6. MEETINGS.

The subjects dealt with at the ordinary meetings during the past session may be arranged under the following heads:

1. BIBLICAL.

1. "The Growth of the Kingdom of God." By Rev. J. Bradford WHITING, M.A.

2. "The Resurrection of Christ."

GIRDLESTONE, M.A.

Address by Rev. Canon

3. "Biblical Astronomy." By Lieut.-Colonel GEORGE MACKINLAY. 4. "Minerals and Metals of the Old Testament." By CAVALIERE W. JERVIS, F.G.S.

2. PHILOSOPHY.

1. "The Right Way in Psychology." By Rev. F. STORRS TUrner, B.A.

2. "The Influence of Physiological Discovery on Thought." By EDWARD P. FROST, D.L.

3. PHYSICAL.

1. "Geological Exterminations." By CHARLES B. WARRING, M.A.
2. "The Nebular and Planetesimal Theories of the Earth's Origin."
By WARREN UPHAM, M.A., F.G.S.

4. HISTORICAL.

1. "The_History of Rajputana." By Colonel T. H. HENDLEY, C.I.E.

2. "Confucianism." By Rev. ARTHUR ELWIN.

3. "The Messiah of Qādiān.” By Rev. H. G. GRISWOLD, M.A.

7. The Journal of Transactions.

The thirty-sixth volume of the Journal of Transactions has been circulated in many lands. The Council may be allowed to repeat, for the information of recent members, what has already been stated-that from time to time expressions of approval and gratitude are received from members living abroad, while many of the learned societies at home and abroad exchange publications with the Institute. We have also several public libraries who subscribe for the Volumes. Of persons connected with our Society, about 74 belong to the United States of America, 40 to India, 14 to Australia, 12 to Canada, and about the same number to New Zealand and South Africa, and 1 (Public Library) to Bermuda; and a few others to France, Germany, Italy and Sweden. The Secretary will be glad to receive subjects for papers suitable for reading before the meetings of the Institute, and suggested names of competent writers.

8. Conclusion.

While humbly desiring the continued blessing of Almighty God, and the support of its members, the Council wishes to express its thanks to the contributors of papers which are being offered in increasing numbers, and to press upon its friends the duty of doing what in them lies to increase the membership and extend the usefulness of the Institute.

Signed on behalf of the Council,

HALSBURY,

President.

BALANCE SHEET, year ending December 31st, 1904.

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April 17th, 1905.

28 2 10

£830 15 6

There is also the Gunning Trust Fund £508, Great Indian Peninsular 3 p.c. Stock invested in the names of the Trustees (The Dean of Canterbury and D. Howard, Esq.); the interest is to accumulate for periods of three years and it is then to be expended on a prize for an Essay. We have examined the Balance Sheet with the Books and Vouchers, and find a Credit Balance of £28 2s. 10d.

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