1803.] THE ROYAL INSTITUTION. 203 



They proposed to continue the existing scientific 

 establishment alone; to reduce the workmen, the 

 printers, and the domestics; and to appoint a sub- 

 committee to watch the expenditure. 



Two thousand pounds were wanted for immediate 

 payment of bills, and the managers, visitors, treasurer, 

 and secretary subscribed 100. each, to be repaid to them 

 without interest. 



The committee asked for more time in February to 

 prepare the accounts of the Institution. 



Early in March an accountant was called in ' to 

 arrange the accounts from the first.' 



The result of this investigation is best seen in a 

 report which was drawn up by Mr. Bernard, and which 

 was presented by the visitors to the proprietors, May 2, 

 1803. 



Mr. Bernard reviewed all the expenditure from, the first, 

 beginning with the purchase of the house (and the two ad- 

 joining houses held under it) for 4,850Z. For the charter, 

 583Z. For arms, 1011. For lecture room, repository, 

 laboratory, and workshop, 5,227Z., which was 1,800?. less 

 than was expected, and 'it has been completed, as the 

 visitors conceive, in a manner and with a degree of atten- 

 tion and economy very creditable to those who undertook 

 the care and direction of it.' 1 . . . 1,1812. was paid for 

 fitting up and furnishing the workshops and for experi- 

 ments incidental to the use of them. ' It is to be observed 

 that a part of this expense ought regularly to be charged to 

 the apparatus. Some loss, however, will probably be in- 

 curred upon this article of expenditure, as that part of the 

 arrangement seems to be in a great measure given up. The 



1 This and a line below are the only traces of praise of Count Rum- 

 ford that are to be found in the records of the Institution. 



