concurrence of its co-ordinate branches. The matter was finally referred to the Board of Directors, with power to renew negotiations at any time thereafter, should they judge it expedient. This Society having thus done its whole duty, it would seem unwise to take any further action in the case, unless overtures should be made on the part of the American Education Society.

SUMMARY OF RECEIPTS AND EXPENDITURES.

The balance in the Treasury, by the last Report, was $318 22. Amount received during the year, $17,803 39, including $2,360 12 raised in connection with the Western Education Society, and to one fourth of the net proceeds of which, according to existing arrangements, this Society would be entitled. Entire resources of the year, $18,121 61.

Of the above amount raised, in connection with the Western Education Society, the sum of $423 50 was realized by this Society, and the balance, after defraying the expenses of Agency, was paid into the Treasury of the former Society.

OTHER DISBURSEMENTS AND EXPENSES.

Amount paid to Central Education Society for balance due, $12; do. for Premium Essay, $150; do. to the following Institutions, viz.: To Marietta College, $800; Wittenberg College, $1,000; Wabash College, $1,200; Illinois College, $1,000; Knox College, $600; Beloit College, $1,400; Iowa College, $800; German Evangelical Missouri College, $500; Collegiate Department of Tualatin Academy, Oregon (now Pacific University), $300; to Endowment Fund of Illinois College, $1,884 33; to Wabash College, in part of the "White Scholarship," $185 50.

Salary and travelling expenses of Secretary, office rent, fuel, postage, stationery, expense of public meetings, &c., $2,159 71. Salary of other Agents, including expenses connected with their Agency, $2,922 86. Printing Annual Report, Annual Discourse, Addresses, and other documents, $409 89. Taxes on Western lands given to the Society, $31 60. Balance in the Treasury, $829 10.

The Treasurer has been directed to apply this balance to the outstanding liabilities of the year. These liabilities are the following, viz. :-To Beloit College, $350; Wabash College, $300; Illinois College, $250; Marietta College, $200; Iowa College, $200; Knox College, $150; Pacific University,

$300; in all, $1,750. This will leave a balance of $920 10, to be provided for out of the resources of the ensuing year.

To say nothing of amounts which have gone during the year from the Society's field through private channels to some of the institutions aided, one subscription of $1000 has been obtained, and another of $300, each payable in a few months for the benefit of the Endowment Fund of Illinois College. And what is worthy of special note, the Plymouth Church in Brooklyn, N. Y., has undertaken to found a Professorship of $10,000 in the same institution. And six gentlemen in Providence, R. I., have agreed to pay in equal amounts the interest on $10,000 for three years. The severe pressure in the money market during the latter portion of the year, and various other causes, the most of which are local and temporary, have prevented the Society from meeting all its liabilities; and yet the foregoing statements show that the past has been a decidedly prosperous year. Greatly enlarged resources, however, are needed, in order to accomplish the work with any thing like the rapidity which the exigencies of the case demand. For the want of adequate resources, the scale of appropriations is invariably fixed by the Board at a point below the necessities of the Institutions, as estimated in their annual appeals for aid.

AGENCIES.

The Rev. J. Q. A. Edgell and the Rev. Dennis Platt have labored energetically and successfully in New England, and have the prospect of increased results in future. As it was the first year of their agency, some time was necessarily occupied in getting acquainted with their fields, and reducing their efforts to system. The Rev. J. M. Ellis, although from ill health unable to preach, has rendered valuable service during a portion of the year. The Rev. Joseph Emerson also, while on a visit to the East, labored some eight weeks in behalf of the Society.

The Rev. Ira Ingraham, who for the last five years has labored with great fidelity and acceptance in Western New York, we very much regret to say, feels compelled from a regard to his health to resign his agency. In his closing communication, he says:—

Considerations which regard my age, and the condition of my family, compel me, as I have before intimated to you, at this time to resign my agency. For a number of months I have had no doubt as to my path of duty in this respect. My official connection with the Society has uniformly been most pleasant and happy to myself. I have loved the cause, and regarded it as one of the first importance to the welfare of our coun

try, the good of Zion, and the conversion of the world, and never more so than at the present time. In taking this, my official leave of the Society, I desire to express my gratitude to a kind Providence, and to you, for permission to labor five years so pleasantly in this cause.

It is hoped, however, that the work on that field will go forward with but little interruption. There is a wish on the part of the Western Education Society to continue the present arrangement for the collection of funds, and there is a prospect that the services of Prof. S. M. Hopkins, of Auburn Seminary, may be secured in the agency while they are not needed at the Institution.

PRESENT CONDITION AND WANTS OF INSTITUTIONS.

Illinois College.

The Trustees of this Institution, in furnishing an estimate of income and outgoes for the ensuing year, say :

There is not one item in the above estimate of expenditure which can be retrenched without serious detriment to the cause. We believe them all to be on a scale of rigid economy. The Trustees are making extraordinary exertions at this time to erect a new building in place of that which was destroyed by fire, and to render the Institution every way adequate to meet the present exigencies of a community rapidly growing in population and affluence, and it seems most disastrous that at this time the ordinary operations of the College should be embarrassed by an inability to meet expenditures so necessary to its usefulness.

Never have the prospects of the Institution been so cheering, so full of promise of great and lasting usefulness, as at the present time. Its numbers are rapidly increasing it is annually growing in solid substantial reputation, and thereby enlarging the sphere of its influence.

We feel that it is a privilege to record the fact that the Collegiate Education Society has saved this College from extinction, and placed it in a position of great promise of lasting usefulness. Let your prayers ascend unto God for us, that he will bless us in the future with still more abundant effusions of His Holy Spirit, and that he will enable us to build on these foundations a lasting monument to his praise.

Wabash College.

The Trustees of this Institution, after presenting their annual estimate of receipts and expenditures, thus speak of the deficiency of income, and of the amount of aid needed :

It is somewhat larger than heretofore, but we have been obliged, on account of the enhanced price of living, to increase the salary of Professors and Tutor. The complete organization of our Preparatory Department and Normal School has not very much increased the expense of instruction, while it has increased the income to some extent.

Our energies, as you know, have been, and will be for a year or two to

come, mostly devoted to the erection of our centre building. The building is now in progress, and we hope will be inclosed the present season. The funds for its completion are not all secured as yet, although gradual increase has been effected during the past year, chiefly by the aid of Professors.

You ask if "the time for our majority is not near at hand?" We should be glad to know that it is, but the necessity for enlarging our facilities in the way of building has precluded effort for permanent endowments at the West.

We earnestly desire the continuance of patronage through the Society, and trust we are in some good degree grateful for the timely aid hitherto extended to us.

Knox College.

The following are extracts from the annual application for aid in behalf of this Institution:

When you made the first appropriation in our favor, we were five thousand dollars in debt, had but two small inconvenient buildings, one of which has since been devoted to other uses; our library was sadly deficient, and we had but four professors, with two assistants, and no certain means of sustaining them.

We have now three commodious brick buildings, have added to our Library and apparatus above two thousand dollars, have six professors, with three assistants, and the College is out of debt; and we have an endowment fund, which we trust will soon enable us to live and meet the educational demands of.the community which looks to us without leaning on your treasury, not that your treasury may be relieved of its burdens, but enabled to extend the hand which has helped us, to the newer regions West.

I regret, after special consultation with our Committee, to be able to say nothing more definite as to the time when we shall try to "go alone.” The building which we have delayed until we can obtain building stone by railway, is yet to be erected. We have yet none but a temporary Chapel and Library, Chemical and Philosophical rooms. We do not yet know the prospective amount of our endowment fund, but we understand enough to know that if we build out of our present means, the Institution will be left dependent on the community for its current expenses. This we intend to avoid, and the hope of our Committee is to ascertain within the current year something near the probable cost of our main building, the amount of our endowment funds, and then by asking some special assistance of the public under your sanction, relieve your treasury of any further expense in our behalf. This we might and hoped to have done before, but the causes which have delayed the construction of the railway, have delayed us. By another year we confidently hope so to have matured our plans, that we can tell precisely what we have to accomplish in order to relieve you of all care on our account. Meantime the Trustees hope you will be able to appropriate in our behalf a sum at least equal to what we have had the present year. And in aiding us, we hope your Board will reflect that, though our treasury is now comparatively prosperous, yet we have thus far drawn every year from our permanent funds for temporary support.

Beloit College.

The Trustees of this Institution say:

By the assistance you have heretofore rendered us, we have been enabled successfully to advance our undertaking. We can anticipate the time as not very far distant, when we shall have no further need to present ourselves before you as applicants for aid. But at present, all the reasons we have been able to urge upon your consideration press with full weight, increased by the fact that we are nearer than ever before to the position of independence to which you would lead us. The readiness with which your past benefactions have been bestowed, assures us that we have no need to press our present suit. With grateful acknowledgments for the appropriations of the past year, we rest our application on the simple statement of our condition herewith presented.

The Board of Trustees, at their recent meeting, voted to add $200 to the salary of each of the permanent Faculty. This measure has long been anticipated, and patiently waited for. It could not in justice to those who have faithfully served the Institution be deferred. The increased expense of living in this region, made it an imperative necessity. This will add some $1,400 to the necessary expenditure for years to come.

The Trustees have been constrained to attempt the erection of an additional building for students' rooms. The work is in progress, and the building will be ready for use early in the ensuing year. The cost of this improvement will be about five thousand dollars, to provide for which, some donations have been obtained, and further donations and loans, at low rates of interest, are to be solicited. Whatever debt may be thus incurred, we hope to wipe off within a few years.

Provision has been made for the endowment of a new Professorship, by the bonds of Rev. H. N. Brinsmade, D. D., and of Prof. J. J. Bushnell, each for $5000, the former yielding an income of 7 per cent. immediately, and the latter after the first of January, 1856.

A system of scholarships was agreed upon early in the last year, to be offered for sale in this region, in connection with an effort to raise $50,000 toward a permanent endowment. An Agent was appointed, who made a beginning in the work, but he was obliged to suspend his labors on account of feeble health, and we have thus far failed to secure a man to fill his place. We hope to resume the work, and to press it vigorously forward at an early date.

The Faculty and Trustees of Beloit College are more than ever convinced, that the best interests of learning and religion in this region of country require the presence and influence of such an institution as they have undertaken to build up. They feel that there can be no letting down of the standard of scholarships, or of the high moral and religious aims which have been contemplated from the outset of our enterprise. At the same time there are unequivocal indications that the public mind does not extensively and fully appreciate the value of such an institution. It is thus a part of our work to form public sentiment, and create a demand for that which we wish to give, as well as to gain the confidence of the community.

We are making progress, and yet our work is but begun. The difficulties which attend its prosecution increase rather than diminish, as we advance. We have, however, all needed encouragement from the experience of the past, and if we are true to duty while we walk by faith, God will give us success, and use the results of our work for his glory.