56 



interest rate would require a permanent fund of $31 1 ,450. To pro- 

 vide adequately for personal service, purchase of publications, sub- 

 scription to periodicals not received on exchange, annual binding, 

 catalog' cards, and incidentals would require a total endowment 

 fund of $700,000-$750,000 yielding the current rate of 3.5 per cent. 



Til E 1 I ERBARIUW 



The curator of the phanerogamic herbarium (flowering plants 



and terns), Dr. Svenson. reports the addition of 2748 specimens 

 during the year. Our debt to other herbaria was further di- 

 minished by the sending of 4018 specimens in exchange. 



American fern Society Herbarium. — in 1930 the Brooklyn 

 Botanic Garden became the depositary for the library of the 

 American Fern Society, as per the terms of an Agreement of 

 April 21, 1930, published in the Annual Report for that year. ( )n 

 November 25, 1940. we received the Herbarium of the Society for 

 deposit and administration here. The Agreement concerning this 

 arrangement (dated January 21, 1941) is published as Appendix 9 

 (p. 171). For several years Dr. Ralph C. Benedict, resident in- 

 vestigator at the Garden, was president of the Society. Dr. 

 Svenson is at present the Society's treasurer. Miss Rusk, of the 

 Garden personnel, has been made the Society's librarian and 

 curator of the Herbarium. The advantages are mutual. 



Cooperation 

 New York World's Fair, 1940 



"Gardens on Parade," the five-acre Horticultural Kxhibit at 

 the 1939 Fair, was continued during the 1940 season, under the 

 administration and supervision, as before, of I [ortus, Incorporated. 

 Of this organization Mrs. Harold Irving Pratt continued as Presi- 

 dent, and Dr. Gager, of the Brooklyn Garden, as one of the three 

 vice-presidents. The other two vice-presidents were Dr. William 

 J. Robbins, director of the New York Botanical Garden, and Air. 

 George C. White, vice-president of the firm of Bobbink and Atkins, 

 in place of Mr. Charles H. Totty, deceased, vice-president for 1939. 

 Mr. William A. Rodman was executive vice-president, in place of 

 Mr. A. M. Dauernbeim, resigned. 



