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CONTENTS OF VOL. XLVI.
(X.B. The Authors are alone responsible for the contents of their respective papers.)
.. Iceland .. .. .. .. .. .. .
j Victoria Nyanza .. .. .. .. ..
.. Lake Chad and neighbouring Regions ..
. Part of Niger Delta .. .. .. ..
Boyal Geographical Society,
REPORT OF THE COUNCIL,
READ AT THE ANNIVERSARY MEETING ON THE 22nd May.
The Council beg to submit to the Fellows the following Report of the financial and general progress of the Society for the past year:
Members.—During the year ending April 30th 266 Ordinary Members have been elected, of whom 24 paid their Lifecompositions. In the previous year (1874-5) the numbers were 294; and in the year 1873-4, 342.
The losses by death have been 70, and by resignation and default of subscription 47, making the net increase 149. In 1874-5 the net increase was 202; in 1873-4, 177; and in 1872-3, 140. Two Honorary Corresponding Members have been elected during the year, and 5 lost by death. The total number of Ordinary Fellows on the List at the end of April was 3,125, of whom 695 were Life Members.
Finances.-As will be seen by the Balance-sheet given at the end of this Report, the total net income for the financial year (ending December 31st, 1875) has been 79341. 158. 10d, of which 64411. 11s. consisted of the subscriptions of Fellows. In the previous year (1874) these amounts were: 75111, 11s. 10d. and 64257. 1s. 6d. respectively; and in 1873, 67521. 43. 4d. and 56431. 19s. 6d.
The expenditure (exclusive of investments and balances) was 56831. 48. 10d. In the preceding year the amount was 69921. 78. 2d., a difference accounted for by the smaller total shown in the present balance-sheet as.expended on Expeditions, viz., 6211. 3s. 4d., as compared with 19551. 13s. 10d.* The ordinary expenses of administration, publications, Library, &c., as will be seen in comparing the present with the preceding balance-sheet, remain about the same, having been 50511. 11s. 6d. in 1875, and 50261. 38. 4d. in 1874.
The Finance Committee of the Council have, as usual, held their Monthly Meetings throughout the year, supervising the accounts of the Society. The annual Audit was held early in April, the Auditors being :-On the part of the Council, the Right Hon. Lord Cottesloe and Sir Charles Nicholson, Bart.; and on that of the Fellows, H. Jones Williams, Esq.f The Council take this opportunity of expressing their cordial thanks, in which they are sure the Fellows at large will concur, to these experienced gentlemen, who have, as in so many previous years, willingly given their time and abilities to this important task.
* This amount is exclusive of the expenditure on behalf of the Congo Expedition, which, being reimbursed by Mr. James Young, does not enter into this comparison of the actual expenditure of the Society.
+ General Sir George Balfour, M.P., one of the Auditors appointed on behalf of the Fellows, was unable to attend, owing to other pressing engagements.