Mr. Drakeford said "The Fund continues to operate and $4,588.23 were spent on this account as compared with $2,178.35 last year. "Our charitable disbursements have naturally been very heavy d'i-ing 1938, but I have to express the gratification of youz committee at the generous donations by members. Gur disbursements were $28,352 against $19,249 in 1937 and $24,832 in 1936. I fear that we cannot hope for any reduction in the claims on our Charity Funds and there is even a possibility of an increase during the current year. This is offset by the Christmas Appeal Fund, subscriptions to which now amount to $7,555 as compared with slightly over $7,191 for last year, which incidentally, was a record amount and it is gratifying to see yet higher figures and that cur members are still willing to make every effort. to help their fellow Englishmen in these hard times."
The president then thanked the British Chamber of Commerce and the British Fund for Relief in China, from which funds are made available.|t0 the Society, whenever they are required for the benefit of Englishmen who have suffered under recent conditions.
Text read from the printed page and cleaned; old type leaves the occasional error.