REPORT OF THE BOARD OF DIRECTORS AMERICAN ACADEMY OF POLITICAL AND SOCIAL SCIENCE I. REVIEW OF THE ACADEMY'S ACTIVITIES At no time since its organization has the Academy demonstrated so thoroughly as during the course of the year 1913 the importance of the public service to be rendered by an organization such as ours. So many of the political, social and economic beliefs of the American people have been subjected to criticism during the past year that we find public opinion leaving its ancient moorings and anxiously seeking guidance. In this work of adapting our national thought to the new conditions that confront the country the Academy is called upon to play an important part. The national character of our organization involves heavy responsibilities and in order to meet these responsibilities your officers must call upon an increasing number of our members for more active coöperation in the Academy's work. There is a growing demand for the establishment of Academy centers in different sections of the country, and your Board has given careful thought and consideration to this important question. We realize that the Academy's influence can be extended greatly through the establishment of these centers, but we also are conscious of the fact that the problems involved are of such magnitude that no final step should be taken in this direction until a carefully matured plan has been agreed upon. In the spring of 1915 the Academy will celebrate the twenty-fifth Anniversary of its founding, and your Board is making the necessary preparations for this event. We cherish the hope that this celebration will furnish the occasion for the realization of two plans, which your Board has kept constantly in mind, namely, an endowment fund adequate to meet the needs of the Academy, and a building which will furnish the necessary facilities for the carrying on of the publication activities and for the holding of Academy sessions. II. PUBLICATIONS During the year 1913 the Academy has published a series of volumes which has brought together the best thought of the country on the important problems with which these volumes deal: Your Board desires to take this opportunity to express its obligations to the Editor-in-Chief, to the Assistant Editor, to the Associate Editors, and to the other members of the Publication Board for their unselfish devotion to the publication work of the Academy. III. MEETINGS During the year 1913 the Academy has held the following meetings: January 25 February 8. March 14.. April 4-5. November 7. ....The Hay-Pauncefote Treaty and Panama Canal Tolls .The Enforcement of Law in American Cities The Problems of Police Administration in their The Cost of Living .The Concentration of the Money Power December 13.. ...The Aftermath of the Balkan War IV. MEMBERSHIP The membership of the Academy on the 31st of December 1913 was 5,641, with a subscription list of 690, making a total of 6,331. Of the 5,641 members, 1,220 are residents of Philadelphia, 4,206 are residents of the United States outside of Philadelphia, and 215 are foreign members. Of the 690 subscribers 4 are from Philadelphia, 616 from the United States outside of Philadelphia, and 70 from foreign countries. Compared with the membership on the 31st of December, 1912, we find that in the Philadelphia membership there is a gain of 16, in the membership in the United States outside of Philadelphia 26, and in the foreign membership a loss of 20, or a gain of 22 in the membership list. In the subscription list there is a gain of 71 in the United States outside of Philadelphia, 8 in the foreign, and 2 in Philadelphia, making a total gain of 103 in membership and subscriptions for the year. During the year the Academy has lost through death 56 of its members, four of whom were life members: The death of these members has deprived the Academy of some very warm friends and enthusiastic workers. During the year the Academy has lost by resignation 813 of its members and 19 subscribers, but this loss has been counterbalanced by the addition to our membership roll of 835 members and 100 subscribers. Of the 835 members, two were entered as life members. Five annual members were transferred to the Life Membership Roll, making a total of 7 life members during the year. V. FINANCIAL CONDITION The receipts and expenditures of the Academy for the fiscal year just ended are set forth clearly in the Treasurer's report. The accounts were submitted to Messrs. E. P. Moxey and Company for audit and a copy of their statement is appended herewith. In order to lighten the burden of expense incident to the Annual Meeting a special fund amounting to $1,325.00 was raised. The Board takes this opportunity to express its gratitude to the contributors to this fund. VI. CONCLUSION Your Board desires to take this opportunity to thank those members of the Academy in all sections of the country who throughout the year have contributed toward strengthening our work, both through their advice and suggestions and through contributions to the special volumes. The auditor's report is appended. MR. STUART WOOD PHILADELPHIA, PA., January 9, 1914. Treasurer, American Academy of Political and Social Science DEAR SIR: We herewith report that we have audited the books and accounts of the American Academy of Political and Social Science for its fiscal year ended December 31, 1913. As a result of our audit and examination we certify that the statements submitted herewith are true and correct. $3,000 St. Louis & Merchants Bridge Co. (1st Mtg. 6's-1929). $3,000.00 3,000.00 5,000.00 5,000.00 3,000.00 3,500.00 3,000 Pittsburgh, Bessemer & Lake Erie (1st Mtg. 5's-1947).. 5,000 Lake Shore & Michigan Southern Ry. Co. (Deb. 4's-1928).... 3,000 Market Street Elevated Pass'r Ry. Co. (1st Mtg. 4's-1955) 2,786.25 5,000 Choctaw, Oklahoma & Gulf R. R. Co. (Gen'l. 5's-1919).... 3,000.00 4,801.25 5,000.00 Forward... $38,087.50 |