324 PROCEEDINGS OF THE AMERICAN ACADEMY 



systems, and to give universal currency to the treasures of thought, 

 learning, and taste, which had otherwise been confined to one language 

 and people, is an office which has sure claims on the gratitude, though 

 it may not challenge the admiration, of mankind. One cannot, even 

 if he would, avoid incorporating into his own system some portion of 

 the labors of others, whether these elements remain as they were 

 when first announced, or have since passed out into the world as famil- 

 iar principles of thought or conduct ; and Cousin will probably be re- 

 membered by posterity, not as the founder of a new method or school, 

 but as an able historian and critic of previous systems of metaphysics, 

 and an eloquent expounder and teacher of many truths in philosophy 

 which have long been the common heritage of mankind. 



The accessions to our ranks during the past year have been unusu- 

 ally large, consisting of sixteen Resident and four Associate Fellows, 

 and four Foreign Honorary Members. 



In the Foreign Honorary Membership, Mr. Bentham, President of 

 the Linnaean Society, replaces the late Professor Lindley. 



M. Faye, of Paris, replaces Encke, of Berlin. 



Professor Rankine, of Glasgow, was chosen in place of the late 

 Admiral Smyth, and Henry Sumner Maine, in that of the late Dr. 

 Whewell. 



In conclusion, the Council submitted a nomination to fill 

 the vacancy in the list of Foreign Honorary Members made by 

 the decease of M. Cousin ; also nominations to the list of As- 

 sociate Fellows. 



The Annual Report of the Treasurer was received, read, and 

 ordered to be entered on the records. 



Professor Lovering, as chairman of the Committee of Publi- 

 cation, presented the report of this Committee, accounting for 

 expenditures in printing the Memoirs and Proceedings under 

 the appropriations of the past year. 



Professor Henck, as chairman of the Library Committee, 

 presented the report on the condition of the Library. 



A recommendation from this Committee to increase the 

 salary of the Assistant Librarian, was referred to the Rumford 

 Committee. 



Professor Lovering presented a report from the Rumford 



