22 [Assemble 



as stated within, show the result of good cultivation, near our city 

 markets. The raising of the best seeds in large quantities would be 

 a public benefit, and as shown within, is in other countries attended 

 with great success and profit. A large nursery might also be a 

 source of profit. A portion of the future annual nett gains which 

 could be spared, in justice to the arts — the w^hole of which amounted 

 last year to five thousand dollars — would no doubt be cheerfully 

 applied for this purpose, if the endowment of the state authorises 

 commencing. The accounts for a series of years show that the an- 

 nual income is more likely to increase than diminish. The tuition 

 of students might, without extravagance, be estimated sufficient to 

 cover the salaries of professors as soon as it is fairly in progress. If 

 required, aid by voluntary contributions from wealthy individuals in 

 our great city might, we think, always be relied on. So desirable 

 an institution near our great city would not be suffered to languish 

 for want of means. 



We respectfully ask every friend of improvement to reflect on the 

 benefits, 



1st. Of a daily extensive exhibition of all the useful fabrications 

 of invention, skill, and labor, in one spacious room in our great em- 

 porium, open every day to our enterprising citizens free from expense; 

 and, 



2d]y. In its vicinity, an institute of instruction, for our youths, 

 scientifically and practically, in the most healthy and useful of all 

 occupations, and if they approve, we solicit their co-operation in 

 obtaining a comparatively small endowment from the state, which, 

 with the means that may be obtained from public spirited individu- 

 als, united with those of this Institute, will not fail, in our opinion, 

 to accomplish all which has been proposed. 



Respectfully submittted. 



SHEPHERD KNAPP, President, pro fern. 



H. Meigs, Recording Secretary. 



T. B. Wakeman, Corresponding Secretary. 



JVew-York, March 1, 1848. 



