62 
PROCEEDINGS OF TIIE VICTORIA INSTITUTE. 
The Governor and Legislative Council have been good 
enough upon the representation of the Board to grant an increased 
subsidy to the Institute. A vote of .£250 was taken for the In- 
stitute for this year. We hope that this vote will enable us to 
make some progress in carrying out the objects of the Institute. 
The Accounts and Balance Sheet furnished by the Treasurer 
show that the receipts of the Institute for the year 1894 amounted 
to §619.78 and the payments to $534.95. The receipts from 
subscriptions during the year showed a slight falling off, more 
than accounted for by the defalcations of the late clerk. Reimburse- 
ments were considerably less in 1894 than in 1893 owing to the 
fact that while in 1893 §150 was received from the Chicago 
Commission for rent, the amount received under the same head in 
1894 from the Agricultural Society came to $60 only. Against 
a decrease of receipts the Board has to set an expenditure de- 
creased in larger proportion, so that while the balance to credit 
to the Institute at the beginning of the year was $131.53 at the 
end of the year it was $216.36 an increase of $84.83. With so 
small an income as the Institute had during 1894 nothing could 
be done towards the reduction of the debt due to Government, 
but the increased grant voted by the Legislative Council alluded 
to above will put the Board in a position to begin payment of the 
instalments of the debt, and the Board trusts that the vote will 
be continued by the Council when the whole debt will be paid off 
in the course of five or six years. 
II. J. LECHMERE GUPPY. 
Victoria Museum, 
Port-of. Spain, 
30th January, 1895. 
