New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-12-21

1acudiug $50 Medals. Including 40 Medals Iaeuins 80
Bronze so Medals
The President. Mr.. Cozzens, made short ad-
dress, when the managers and others of the pryi-
legged had taken their places on the stage. The
nu mber of subscribers was stated at 1910. We
do not report his remarks having 40 space to print
them. The Report of the Board of management
embraces the main facts of Mr. Cozzens IS address.
When the President had concluded,
Henry J. Raymond, Esq, on behalf oil the
Board of Managers, read the following report:
The Committee of Management have instructed
me to submit to you REPORT OF their proceed
ings on behalf of the AMERICAN ART UNION, dur
ing the year now closed. That duty will be dis.
charged in as few words as the requirements Oh
the Constitution will permit.
The number of members during the present
year is 1870, and they have placed the sum OF
$8l, $50 at the disposal of the Committee OIL MA
nagement.
Of this amount, sl6,225 have been devoted to
the production of six engravings, by American
engravers from pictures by American artists and
one copv of each of these engravings Will be de-
livered az soon as they can be completed, to each
member of the institution
The sum of 5000 has been devoted TO tha
publication of the BULLETIN, Monthly ART jour
nal designed to aid in advancing the interests aud
nromotipg the objects Of the American Art Union.
Of this work, ll3, 500 copies have been published
during the year, and, accompanied by 22IoVV
original etchngg and wood cuts have been placed
in the hands Of every member.
The Committee have purchased during the year
424 painting, 90 bronze statuettes and SIX bronze
busts of w Arlington, by American artists as an
aggregate of SAB l20 the average cost OF each BE-
; zee sIoI Isl. They have also purchased fifty
cooiee of outlines by Washington Allston, f1'
medals and sixty proof impressions OF tne larS7
epgrayings from two OF Trumbulls most cele'
breted paintings. These works of Art, 1000 In
number, are to be this evening distributed oy Io'
according to the provisions of the ConskEgtion'
among the Members of the American AFt cnlpn'
Each member, therefore, this year. IN eGo.:.'I ~
the six Engrayings and the Monthly Bulletin nss
one chance in 10 of drawing WORK oil an ~ Wv
one in 80 Of becoming the ownero one u 'u'
original paintings purchased by the Cofsnt.oG
The Free Gallery has been kept open aaL tao
the whole year, except for brief lnterVa nL.s
il was closed for necessary improvements EnA s
been more than usually attractive, ana he 80, ~.
visited by hundreds of thousands OF our cihEsLs
as well as by strangers from every pars " '1
country. u Wet.
Since our last annual meeting Prosper NJ 1. . "a
more ESQ. to whose intelligent, enefgeHTy, -.
public spirited labors on its behalf, the ANyu w.
bias been greatly indebted, has reslgneG ~,
Presidency of the Institution. By the unspluSS -,
vote OF the Committee A, NJ CoZzens, Esq 49,
been elected to that Office ...,,d
This summary statement of the transscss ~ be.
the year will enable every one to jadge los W.
self, how far the objects for which the A9n1s.ncd
Art L MON was established have been su'
by the abors of the Committee. lie
Tie purpose of the Institution is declared Ie;a,
the law which creates it, to be, 1.-THE PromotiOoa,s
the Fine Arts in the United States The: o oso,
is to be attained by promoting the sale Of VOL
OF art, for upon their sale depend the aSiy yd -
the existence of the artist himself In THIS cdi 4,
try Art lacks the conditions which have alos ';,
growth in ether lands: Artists there nave ma e M
upon the patronage of the rich. The gifts OF ri
al and of noble munifcence, never more worng
bestowed, have relieved them from all care ~ =
their physical necessities and have left them y,
to follow the inspirations Of their genius Unas
such benignant shelter have the Fine Arts in 81
rope, in all ages lived and fourished, and throa'