After the disturbing announcements of previous communications, the Executive Committee thinks it owes to the members of the Institute that they should be apprised of the measures that have been taken to deal with the crisis caused by the sudden death of Mr. Emile Garcke, who was so generous a supporter. As a result of that event the Committee found itself committed to an expenditure which would leave a deficit at the end of the year ended March 31, 1931, of approximately £1,000. Two problems faced the Committee: first, that of providing for this deficit; secondly, that of reducing expenditure for succeeding years so as to keep it within the limits of present income.