Report of the Board of Trustees. 17 



Aside from the benefit which members have derived from this 

 course of scieutiiic lectures, it may safely be asserted that no step has 

 recently been taken by the Institute which is more likely to be fol- 

 lowed by similar organizations. In this and neighboring cities socie- 

 ties are already preparing to inaugurate a system of scientific lectures 

 during the next winter ; and letters liave been received from various 

 quarters asking for the particulars of our plan. 



On the whole, the Trustees are led to the conclusion that no expen- 

 diture of money by the Institute has been productive of more good 

 in tlie diffusion of scientific knowledge than that incurred in this 

 course of scientific lectures ; and, from their experience, they feel 

 confident that the system can hereafter be so modified and improved 

 as to increase the attractions so much that the principal items of cost 

 in a course will be paid by those attendants who are not members of 

 the Institute. 



The Trustees further report that they have accepted the proposi- 

 tion of the present tenants of No. 351 Bi-oadway, belonging to the 

 Institute, to pay $17,000 for these premises for one year from May 1, 

 1869. 



The premises now occupied by the Institute in the Cooper Union 



building have been leased for another year at the sum of $2,1Y5 per 



annum. 



Eespectfully submitted. 



HORACE GREELEY, 



DUDLEY S. GREGORY, 



CIIAS. P. DALY, 



CYRUS H. LOUTREL, 



S. D. TILLMAN", 



GEO. PEYTOiSr, 



SYLYESTER R. COMSTOCK, 



Trustees. 

 March Uh, 1860, 



[Inst.] 2 



