267 



But one farm was entered during the season, to compete for the pre- 

 miums on farms. In view of the expenses necessary to be incurred in 

 viewinir farms, and the absence of the members of the committee from 

 their own farms ibr several days in June, and there being but one entry, 

 the Executive Committee, whdeat Lansing, decided not to examine any 

 farms, unless several others should be entered; consequently no awards 

 have been made on farms during the year. 



The Financial Committee, appointed at your last annual meeting, 

 not having time during the meeting to examine the Treasurer's report, 

 requested one of their number to take charge of the report and accom- 

 panying vouchers and papers, and examine and report thereon at an 

 early day, A portion of the papers have been returned to me, but no 

 report has yet been received. 



At the clo.ee of the sixth Annual Fair, a resolution was adopted by 

 the Executive Committee, that the lumber belonging to the Society be 

 sold at auction or otherwise, under the direction of Jonas H. Titus, and 

 that he report to the Treasurer. 



The lumber cost the Society about two thousand dollars, including 

 posts, rails, &c. 



Mr. Titus deposited with the Treasurer $612 20, received from the 

 sale of lumber. The loss to the Society by this sale was therefore 

 about fourteen hundred dollars. Just previous to the last annual meet- 

 ing of the Executive Committee, I received from Mr. Titus a state- 

 ment which was laid before that meeting. The matter was referred to 

 the business co umittee, with instructions to confer with Mr. Titus and 

 effect a settlement. The chairman of that committee informs me tbat 

 he has spoken to Mr. Titus several times, relative to the subject, but no 

 settlement has yet been had. 



This matter appears to require the further action of this committee. 



Before making appropriations for the ensuing year, I would state to 

 you, that although the Society has steadily increased in inteiest and 

 resources, yet the expenditures have increased in greater proportion. If 

 you examine the premium list as made out the last year, I think you 

 will find it to fall not very far short of §7000 00. It is true the awards 

 are not made to the extent of the list otiered, and perhaps the awards 

 cannot with safety be cut down below the amount awarded this year, 

 and perhaps it would not be good policy to reduce the amount offered. 



