PHILADELPHIA, October I, 1898. The Franklin Institute of the State of Pennsylvania, founded in 1824, is known to every citizen of Philadelphia interested in technical and scientific work, and it is proposed, in the near future, to still further expand the work of the Institute.
The Managers of the Institute are making an earnest effort to raise an endowment fund, and a Committee has been formed to bring before the members and friends of this world-famous society, itg needs and requirements, to enable it to preserve the reputation it has brought the City of Philadelphia, and to continue the a~istan~e given to its industries of every nature, as a fitting commemoration of its 75th anniversary, which will occur February 5, 1899.
The Managers are compelled to ask this aid by reason of the increase in necessary expenses, which now exceed the net revenue. The present endowment is small, and although the membership of nearly 2,0o0 contributes an annual addition to the income, this is not sufficient to carry on the work. The membership is composed largely of artisans, and the dues ($8.o0 per year) are properly low, so that the benefits of the Institute may reach as many as possible.
One of the most complete scientific libraries in the world is now housed in a building which is not fire-proof (although a portion of it has been recently made as nearly so as possible under existing conditions), and the funds available are insufficient to properly maintain and increase it.
A fund of $35o,ooo is deemed requisite to adequately provide the income which could advantageously be used, and it is hoped that the present effort will speedily provide at least $IOO,0oo of this amount.
The undersigned Committee confidently appeals to the citizens of Philadelphia for subscriptions to ensure the future great usefulness of the Institute, assured that the income from such a fund, devoted to its laudable purposes, will redound to the honor and credit of our city, and assist present and coming generations.
The Committee will be pleased to furnish any further informatio~ desired. Subscription blanks may be obtained from the members of the Committee, or from the Actuary, at the Hall of the Institute, No. 15 South Seventh Street.
Very respectfully,