RECEIPTS AND EXPENSES. 135 



creased as the funds of the Society accumulated. Small 

 salaries were also paid to the chairmen of the com- 

 mittees on fruits, flowers, and vegetables, as their duties 

 grew with the growth of the exhibitions. Still later, 

 when the care and letting of the stores and halls, and 

 the other business of the Society, became sufficient to 

 occupy all the time of the treasurer, it was necessary 

 to further increase his salary ; and in 1874 a paid edit- 

 or of the Society's transactions was appointed; this 

 office being in 1876 merged in that of secretary. Other 

 expenditures have been the furniture and decorations of 

 the halls (including the portraits of all the presidents), 

 repairs, insurance, taxes (this item alone amounting in 

 the fourteen years ending with 1878 to $48,060.05), 

 labor, and miscellaneous expenses. 



The receipts of the Society from its formation to the 

 annual meeting, September 19, 1829, to which time 

 the accounts of the treasurer were made up, were $845, 

 being wholly from admission fees and assessments, with 

 the exception of Mr. Welles's donation, already men- 

 tioned, of $100 ; and the expenses were $717.30. 



In 1830 the receipts were . . . $736.50 ; expenses, $913.18 



1840 " " !'; N . . 2,362.62; " 1,924.53 



1850 " " ... 7,003.01; " 6,593.04 



1860 " " . . . 14,000.45; " 11,768.23 



1870 " " . . .29,947.15; " 22,698.30 



1876 " " ... 19,895.13; " 31,081.8s 1 



These statements, which include only the ordinary re- 

 ceipts and expenditures of the Society, will give some 

 idea of its financial progress. 



The cost of the first hall, erected by the Society in 



1 The expenses this year were larger than before or since. The excess 

 over receipts was met by a temporary loan. 



