45 
A Garden Membership—The development of the Garden has 
now reached a stage where the organization of a Garden mem- 
bership is very desirable, and after the contemplated reorganiza- 
tion of the Brooklyn Institute of Arts and Sciences, early in 
1915, which will doubtless provide for a class of Botanic Garden 
members, the plan should be carried into effect as promptly as 
possible. 
Increased Endowment—lf the initial cost of constructing the 
Japanese garden ($10,050) be deducted from the total amount of 
our income from private funds from 1914, the balance is some- 
thing over $11,664, which, capitalized at 5 per cent., represents a 
sum of approximately $250,000. In other words, if the work 
of the Garden were to remain practically stationary, we should 
need annually in addition to municipal appropriations, an amount 
equal to the income on an endowment of a quarter of a million 
dollars. 
In June the director received a pledge of $50,000 toward a 
larger endowment, provided at least $50,000 additional could be 
raised. Subscriptions toward this sum, amounting to $35,000 were 
received up to the time when the European war broke out. Since 
then it has not been deemed wise to endeavor to push the canvass 
for additional subscriptions, but this should be resumed at an early 
date, with an endeavor to bring the total endowment to not less 
than $250,000, and ultimately to at least twice that amount. 
Accompanying Papers 
The following papers and documents are appended as a part of 
this report: 
1. Annual report of the curator of plants. 
2. Annual report of the curator of public instruction. 
3. Annual report on the library. 
4. Financial statements covering municipal appropriations and 
private funds. 
5. Appendices 1-8. 
Respectfully submitted, 
C. Stuart GAGER, 
Director of the Garden. 
