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Presidential Address 23
committee meetings. I can truthfully state that I have never seen a more sincere, earnest collection of men who are giving freely of their time and ability for Society affairs.
These committees are backed by a Board of Governors that is well balanced as to older, experienced and perhaps conservative men, well versed in the Society's history and policy, and younger men with perhaps more vision, enthusiasm and initiative.
Our committees are working out certain things that will have a far-reaching influence on the future of our Society. The membership committee is particularly active. They have as their ambition 1,000 members by 1930. Such a rapid expansion of our membership however creates new problems that must be, and are being, given most serious consideration. Among these is the question of finance.
Our Business Eolations Committee made up largely of executives is doing some excellent work along those lines. This committee, of course, has the closest co-operation of our Treasurer.
I cannot speak too highly of the thorough manner in which Mr. Hubbard is handling the finances of the Society. It is a thankless, detail job. Dunning people for dues, again and again, is anything but pleasant. Collecting for transactions and keeping the books of the Society is a job which we are mighty fortunate in having a man of Mr. Hubbard's ability do for us.
Another problem that expanding membership raises is, the possibility or advisability of replacing our present Transactions with a monthly journal. Our Journal Committee is collecting some excellent data along those lines.
Increasing membership and the rapid expansion of the sound picture has created many new problems for our Standards and Nomenclature Committee. Perhaps few of us realize how much the future success of the industry depends on standardization during the early development period we are now going thru, — you might almost say, on the honeymoon of sound and pictures. Our present Committee has already laid the foundations for some exceptionally good work along those lines.
I have not gone into the details of the work done by those committees, nor even mentioned all of our committees. Each will report to you in detail later on in the convention.