Annual Report of the Board of Trustees. 5 



will lieartilj co-operate in any scheme whicli will secure for it a 

 permanent structure commensurate with its wants. 



The holding of an exhibition during the coming fall has been 

 determined earlier than usual by the action of the Institute, in 

 relation to the correspondence between the President of the National 

 Association of Wool Manufacturers and the President of the Ameri- 

 can Institute. A proposition from that Association for a joint 

 exposition of wool industry, under the auspices of the American 

 Institute having been accepted, the Executive Committee of that 

 Association have abeady circulated 2,000 blank applications for 

 -space, with a request that each manufacturer should specify as 

 minutely as possible, the character and varieties of goods and articles 

 to be exliibited ; and with respect to machinery, the amount of space 

 to be occupied by each machine. The circular states that it is highly 

 important that returns should be transmitted before February 1st, 

 1869, to John L. Hayes, Esq., of Boston, Secretary of the Executive 

 Committee, that the Institute may have information of the space 

 required for the exposition, as arrangements for building must be 

 made in February. From the prompt action of the Executive Com- 

 mittee, it is inferred that the Ilfational Association of Wool Manu- 

 factm-ers wiU make a very large display, and it is highly important 

 that measures be early taken by the managers to be elected on the 

 11th day of February, in relation to providing suitable buildings for 

 the next general exhibition, which promises to be much larger than 

 any yet held. 



The reports of the standing committees to be presented at this 

 meeting, will show the faithful manner in which their several duties 

 have been performed. Valuable additions have been made to the 

 library ; and of late, there have been large accessions to the list of 

 members. On reviewing the operations of the year, the trustees find 

 abundant cause for congratulation, and they hope its members will 

 be reassured that the Institute is steadily progressing in power and 

 usefulness. 



HOKACE GREELEY, 

 DUDLEY S. GREGORY, 

 ORLANDO B. POTTER, 

 CHARLES P. DALY, 

 SAMUEL D. TILLMAN, 

 SYLVESTER R. COMSTOCK, 



Trustees. 

 New York, February 4, 1869. 



