24 
Retiring Allowances 
The need of making early provision for Retiring Allowances is 
urgent. Each year’s delay (with the advancing ages of pros- 
pective beneficiaries) means a higher ultimate cost to the Botanic 
Garden. The experience of the Carnegie Foundation for the Ad- 
vancement of Teaching and other insurance organizations has 
shown that the continuing success of a pension system can be 
secured only by the cooperation of the employee and employer. 
It is hoped that, in the not distant future, funds may become 
available for initiating a plan involving contributions from those 
to participate in the benefits. 
Need of Additional Propagating Houses 
I wish to call special attention to the urgent need of additional 
greenhouses for propagating, for experimental work, and for rais- 
ing and caring for the living plant material which we are called 
upon to supply to the city schools in increasing amount each year. 
ork now organized is greatly hampered, and the enrichment 
of our collections, our school service, and our investigations will 
remain quite impossible until additional propagating houses be- 
come available. 
Accompanying Papers 
Administrative reports of members of staff, reports on botanical 
research conducted at the Garden during 1926, the financial state- 
ment, Appendices 1-8 (including a list of the names of contribu- 
tors to the Citizens Endowment Fund), and a list of the officers 
and members of the Botanic Garden are appended as a part of this 
report. 
Respectfully submitted, 
C. STUART GAGER, 
Director. 
