$3,919.46 -- -- -- -- On hand August 26, 1951 $1,730.99 Receipts 2,188.47 $3,919.46 -- -- -- -- U. S. Bonds in Safety Deposit Box $3,000.00 I know that Mr. Best has still some more material that he will supply to any of you who are anxious to go out and help in getting the new members. It's only a matter of every person getting a couple, or like Spencer Chase getting 10. That would put us well toward our goal of a thousand members, on which the Association probably can operate without deficit. I thank you. (Applause.) PRESIDENT MacDANIELS: Thank you very much, Mr. Prell. We are very much indebted to you for your business-like handling of the affairs of the society. It is sometimes bitter to know the facts, but the only way that we are ever going to get anywhere is by knowing the facts and facing them. Either fortunately or unfortunately we are not like the federal government, which can go on piling up deficits. We have to do as each one of us as individuals has to do: If our operating-expense exceeds income, we either have to get more income or cease out-go. That is the situation under which we are confronted at the present time. A little later we can take up some of the things we have in mind. Did you have a further report, Mr. Secretary? I think probably the Treasurer stole some of the thunder that you might otherwise have. MR. MCDANIEL: He did that, and the Membership Committee also. You know something of the activities of the secretary's office during the current year, a matter of getting out three issues of The Nutshell and assisting with the editing of the annual report, which I hope you will receive about the time you get home. One other activity in which the Secretary participated, in addition to the usual task of answering letters to beginning nut growers, was this project "Things of Science". Perhaps Dr. McKay could tell us more about that. Is Dr. McKay in the room? Will you come up now? DR. MCKAY: We being near Washington, were, of course, the logical people to come in contact with this suggestion early when it was made. As a matter of fact, the very beginning of this movement goes back to Harry Dengler. Some of you may know of him. He is Extension Forester at the University of Maryland and is also Secretary of the American Holly Association. Harry Dengler was very much interested in this "Things of Science" program and happened to mention to the Science Service paper, of which Watson Davis is editor, that it would be a desirable thing to work up a test on nuts.