52 
tion to those who have given such generous measure of support, 
be it large or small. 
Need of Additional Endowment 
A detailed statement of our endowment needs has been given in 
previous annual reports. It should be kept in mind that funds 
are needed not only for the development and maintenance of the 
erounds, but to finance the scientific research (which is founda- 
tional to all else that we do) and the program of public education. 
for much of our work we are dependent on the uncertain income 
of pledges made annually ; the work itself is permanently essential. 
Our program of development has, as yet, been only partially 
realized, 
For the enrichment of work now in progress, for its logical ex- 
pansion, to meet increasing demands for public service, and to 
provide compensation comparable to what is being paid in other 
scientific and educational institutions, and to put this work on a 
permanent financial basis the Brooklyn Botanic Garden needs 
additional annual income equivalent to the interest at 51% per cent. 
on One Millon Dollars. 
bf 
“Real endowments are not money, but ideas,” says Mr. Julius 
Rosenwald in his recent article } urging the unwisdom of perpetual 
endowments for specific purposes: “ Desirable and feasible ideas 
are of much more value than money, and when their influence has 
once been establishec 
feds 
they may be expected to receive ready sup- 
port as long as they justify themselves. We may be confident 
that if a public need is clearly demonstrated, and a practicable way 
of meeting that need is shown, society will take care of it in the 
future.” 
We believe that the history of the past twenty years has clearly 
demonstrated a real need for such services as the Brooklyn Botanic 
Garden has rendered and is rendering to this community and to 
the larger world of science and education. Is it too much to hope 
that “ society” will, as Mr. Rosenwald assures us it will, provide 
the “ practicable way” to make possible the continuation of, and 
the enrichment and extension of our work? 
1 Atlantic Monthly, December, 1930, p. 740. 
