148 
THE ENDOWMENT FUND. 
Referring to the statement of the Finance Committee of the 
Board of Managers relative to the need of additional endowment, 
published in the February Journal and to the supplementary 
statement published in the March Journal, the status of the 
Endowment Fund may now be reported as follows: 
Reported in March Journal $314,102.93 
Received from executors of the estate of the 
late Charles P. Daly (David Lydig ae 8,438.91 
From Mrs. Frank Ferguson and M 
Nichols, in memory of their ee Pe e 
H . Armour 
. 1,000.00 
23 Life Membership fees 2,300.00 
Students’ fees added to Students’ Research Fund 139.00 
Total $32 5 980 84 
It will be recalled, from the February statement that it is 
desired to increase the Endowment Fund to at least $500,000. 
Any information desired will be furnished by the Director-in-Chief. 
ARRANGEMENT OF RESEARCH WORK. 
The collections in the Garden and library and the equipment 
of the laboratories have received such additions during the 
present year that the efficiency of the institution in promoting 
investigation has been greatly increased. In addition to the ad- 
vantage gained by increased facilities in the way of apparatus and 
furniture, a number of new subjects have been added to the list, 
an expansion which has been made possible by changes in the 
staff, and by the further development of work already under way. 
The principal changes will be found to consist in the formal ar- 
rangement of work in plant geography, a subject which has 
received much attention from various members of the staff; in 
the increase of the scope of investigations offered in economic 
botany, made possible by the appointment of Dr. Gies as consult- 
ing chemist ; in the rearrangement of the work in plant pathology 
