OF ARTS AND SCIENCES : AUGUST 12, 1862. 31 



In 1832 the Rumford Fund amounted to . ... $ 23,159.00 

 From that time to the present, the receipts of the Rum- 

 ford Fund have amounted to . . . . . 41,574.00 



These receipts have been used or expended by the Academy in 

 the following manner : — 



Addition to the Rumford Fund 3,158.00 



(making the sum now $ 26,317). 



Award to Dr. Hare 600.00 



For the publications of the Academy .... 19,642.00 

 For the purchase of books ..... 12,646.00 



For the Telescope and other astronomical apparatus in 



the Observatory at Cambridge .... 3,776.00 



For Rain Gauges, and sundry expenses, by T>i\ Hale, 



for experiments and investigations relating to the fall 



of rain 1,697.00 



$41,51 9.00 



The above items were taken from the returns made to this Com- 

 mittee by the treasurer of the Academy. In relation to them he says : 

 " The following statements are substantially correct. To make the 

 figures strictly accurate would take more time than I can spare." 



The Committee offer these facts for the consideration of the Acad- 

 emy ; and with them the following suggestions in respect to the future 

 administration of the trust : — 



1. The statutes require that "the Treasurer shall keep a separate 

 account of the income and appropriation of the Rumford Fund, and 

 report the same annually." (Chap. vi. 3.) Your Committee recom- 

 mend that all payments and expenditures from the income of this fund 

 shall be by separate and distinct appropriations. 



2. It appears that the Rumford Committee was formerly charged 

 with a general supervision of this trust, and that they directed or 

 superintended the expenditure of such appropriations as from time to 

 time were made from the income of the fund, for instruments, books, 

 &c. Your Committee recommend that this supervision be resumed, 

 and that books, instruments, apparatus, &c. shall be paid for from the 

 Rumford Fund only on the certificate of the Rumford Committee, that 

 such books, «&c. will " in their opinion best facilitate and encourage the 

 making of discoveries and improvements which may merit the Rum- 

 ford medals." 



