The Institute budget for the year 1939–40

AN INCREASE in the number of pages of technical papers and discussions in the monthly journal, ELECTRICAL ENGINEERING, and in the 1939 annual bound volume of TRANSACTIONS — an increase in the rate of traveling expenses for delegates to Institute meetings and to the District conferences for which such allowances are granted (from 7½ € to 8½ € per mile one way) effective January 1, 1940 — the addition of one person to headquarters´ staff to assist in the work of the standards and technical program committees — an initial payment of $5,000 to a pension fund reserve — are provided for in the budget of income and expenditures for the appropriation year beginning October 1, 1939, which the board of directors adopted at its meeting on October 27, 1939.