, 1860-03-26
YOUNG MEMS ASSOCIATION,


l'fs'ith-'". Il bradley, :s2; Philip wadsxertA, 81
frs !. r. eatkaf'N- ". Fuller. 40 B. F. Carver, ee5
st"o"i r.ss-'. Z. Larrssec. 3e4: Z. w. Bschford
Corresponding sep-'. .Elsh=p, :17: H. G1rgory 3o}
Reor'i"g Sr'<za'ysC q. Chase, 3s7: O. T. Boal sss
24asare5-. L. C. Ellsworth, s7s; G. n. pcet.nE, ~
-H4Mg9s-'ChaEaes II. IIetdtrson, so7; sB1a1a l.
Lewe, ~: 'Chasles Il. Ham. So; 'Chares l., Thomas
s 'De:junIn T. rase. Tim. r. Gauld, 2:5; Chs
r. Kellogg. 5s5 And Nasiesou, SO: W. l.. G'tcn!eaf
II 4. ]. Ave1t! I'd; Geo. Rowland :oS 1as r. Root
FL; Geo. \. Ch7udar. 42s: c. u. FaJsell, :.s.
Tic polls were closed at It T. L., and pend
ing tue count By the tellcrs the Annual Meet
ing was convened. The several reports Of the
retiring bo1rd Of officers were presented rs ap.
pended. They present. especially that Of E. S.
Wells, Esq, matters Of moment, which will
doubtless receive the attention aud modify the
plan OF the Association On points referred to,
i discussion On various resolutions growing
out Of the same followed, but With no dciailo
nctiou.
YOUNG MEMS ASSuGlAT.0N.
GESTLEAES making this annual report
to Lie members OF the Association, it is my de-
sign simply to present q few practical 'fucts
and suggestions, in us brief a manner as possi-
ble, shlch regard as important foz tho inte-
rests ct the Association, more particularly in q
pecuniary point Of view.
l would not. however, forget the Important
moral position which it occupies, in its influence
upon the multituGes Of young men in this city,
which has been SO frequently aud elegantly ex-
pressed in the reports Of those who have pre-
ccedsd me in this Office in years past, aud whose
language upon This point find it easier 10 en-
dorss than To improve upon.
The twentieth ynar If onr orrunf7afinn ia
reached; its infancy and childhood hare passed,
aud we hope and trust that cnch succeeding
year Of its lnaturity may give it a higher and
stronger position in the confidence and regard
of those ~ho hare so kindly aud truly stood By
Us ia the suoshine and il the storm, and that
cunilrT Resources, wl'ich are the two great ele-
ncnts OF its usefulness ard pernausncy.
The pas: year, nm happy to say, has been
one q. more than ordinary prosperity to the
Association, as will be seen from the reports Of
the Lecture and other committees.
hope it will not be regarded IS an assump-
ton on my part il ] suggest aud urge two or
three cllaogc=, which | regard as important,
and which bcliere would tarc it from the
may ups aud downs to which it hss been sub
j:c'ed.
Notwithstanding the elevated position which
our organization holds amongst its kindred or
anza1ions iu this city, it il far from tue poses
sion Of such solid foundation as the fruitful
ield in WHICH it Is located would lemaDl--or a
comparison With similar institutions ia other
cities, would suggest As far ~ I have been
able 10 learn our Association il but little in ad-
vance of where it Was ten Or twelve Ye1rs ago.
It has not Eept pace with the growth Ut our city.
III Iwo Or three Instances it has SO fur yielded
TO the commercial reyulsiuns which hAvo visit
ed cur city is greatly 10 cmbarsuss its opera.
tions it not to tlre-t;p its exasteace. The first
aud most Important enge u hlch would ur.e
ls that haf ot tie Doard of officers he elec.
ted annually, and to hold their Office for two
years. An entirely ntw Board cannot bc sutli.
cieutiy fAi.i1 ar vi the operations Of the pre-
viuus Board 10 carry out successfully auy set
tied roicy which mny hare been inaugurated
ilo~ercr good and necessary i: mny be. Aud
| l would recommend the appointment at this
annual nlceting Of committee Of three, With
iu.tF1tctinns to effect such change in our char
| ter as may be necessary to accomplish b the erd
| As MY secJnd Recommendation l. would col
the attention OF the Association to the establish
| tncnt Of d permanent fund, howcver small il
| may be Ut the outset The administration
| winch expires this even ng found 10 HE TTeas
| urr wien tbey came into Office Ss;s u. TheJ
will Leave in The Treasury $l4V4.41. There ar
/ lev small outstanding debts to the uu,oun
| perhaps Of 500: j. nus made quite the ordiua
r. additions II, the library believe that Fl on
this AMOUNT $1,000 mi ut be funded perhaps Il
the city or for such securities. as would 10 re
EazIcd tue most stfe. at l0per cent per aupnu
without doing injustice to tue librar.
| or otncr dcPartuluts Of the Association
This would be the corner stoue Of u foundation
upon which future administrations might build
aud hy pursuing thoroughly energetic an
| ccor onsic.l policy, I see nothing to pEeyen
annual additions to this fund, which with III
iu crest, would il very few ears, eise us 1ha
independence e,Ioved BIZ the associations Of s.
Louis, cincinnati and otdcr sister cities.