Abstract :
FINANCE was the major subject before the AIEE Board of Directors at its Spring meeting, held this year on April 30, at the District No. 2 meeting in Washington, D. C. The budget for 1958–59 was adopted calling for an expenditure of a record $1,849,443.00 between May 1, 1958, and April 30, 1959. Various measures designed to insure efficient spending and to stimulate income enough to keep the books in balance were adopted.