The annual meeting of the subscribers to the Shanghai Library was held on Thursday evening (20th), Mr. George Jamieson presiding.
The Chairman, in moving the adoption of the report and accounts, remarked that the number of new subscribers continued to increase and_the Library was in a very fair situation. Last year Re called atten-ion to the fact that they had a considerable outstanding sterling amount which had to be paid. It bad been wiped off now and the Library had no outstanding debts to lament over. There was, however, a small debit balance and the Committee had been obliged to curtail the supply of books from home in consequence of the fall in exchange. It had been suggested that the subscription should be increased from Tls. 12 to Tls.15, which would allow of an addition to the supply of new books.
Mr. Volpicelli seconded the adoption of the report and accounts, and the motion was agreed to nem, con.
Mr. W. H. Drummond proposed a resolution raising the annual subscription from Tls.12 to Tls.15. He said the present low exchange made it absolutely incumbent upon the Committee to raise the subscription. might approach the. French Municipal Mr. Volpicelli suggested that the Library
Council for a grant of, say, Tls. 500, on the undertaking that at least. half o should bei spent on French books.
Text read from the printed page and cleaned; old type leaves the occasional error.