Treasurer's Report, 53 



year, 1 would suggest that five or six hundred doUars of the amount now in the 

 treasury be added to the permanent fund. 



The item of $250 on the debtor side of the foregoing report, calls for a few 

 words of explanation. Ascertaining through an assay made at the United States 

 Mint that a portion of the silver heretofore furnished this Society was not of the 

 purity guaranteed by the contract, the manufacturers were interviewed, and in 

 reply to certain questions, stated that their contract with Treasurer Siggins called 

 for coin silver, and that they had furnished the Society only silver of that quality. 

 But when a settlement was demanded, and for some unaccountable reason the 

 samples which were assayed did not come up to the required standard, they were 

 disposed to do whatever was necessary to make their contract good ; and a settle- 

 ment was finally effected by which the $2oO was received and placed to the credit 

 of the Society. The Executive Committee, after hearing a full report of the 

 matter, unanimously approved of the settlement. In connection with this mat- 

 ter it is perhaps proper to state that the silver purchased in 1881 was "sterling,'' 

 or 925-lUOO of pure silver, and only 75-1000 of alloy. 



FKANK H. WEIGHT, Treasurer. 



