78th Annual Report for the Pennsylvania Academy of the Fine Arts

Item

Title

78th Annual Report for the Pennsylvania Academy of the Fine Arts

Identifier

1885-AR.pdf

Date

1885

Creator

Pennsylvania Academy of the Fine Arts

Subject

annual report
finance report
school report
exhibition
history

Publisher

The Pennsylvania Academy of the Fine Arts' Dorothy and Kenneth Woodcock Archives

Medium

paper

Format

PDF

Source

The Pennsylvania Academy of the Fine Arts' Dorothy and Kenneth Woodcock Archives

Language

eng

Rights

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extracted text

rPDDSUIIJ8Di8 .l.rabpmJ! of tijp fiDP .l.pfs ·
ANNUAL REPORT

1885

SEVENTY-EIGHTH

AN'NUAL REPORT
OF THE

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PENNSYLVANIA ACADEMY
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FINE ARTS
(FOUNDED I 8oS)

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FEBRUARY

1884 TO FEBRUARY 1885

PHILADELPHIA
GLOBE PRINTING HOUSE II2 AND II4 NORTH TWELFTH STREET

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OFFIC~RS

OF THE ACADEMY,
1885.
President.

GEORGE S. PEPPER.
Vice- President.

WILLIAM S. BAKER.
Directors.

HENRY C. GIBSON,
CLARENCE H. CLARK,
WILLIAM B. BEMENT,
, JOSEPH W. BATES,
WILLIAM S. BAKER,
EDWARD H. COATES,

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JAMES S. MARTIN,
E. BURGESS WARREN,
CHARLES HENRY HART,
JOSEPH E. TEMPLE,
JOHN H. PACKARD, M.D.,
HENRY C. LEA.

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Committee on Acq.demy Property.
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WILLIAM B. BEMENT,
JOSEPH E. TEMPLE,
HENRY C. LEA.
Committee on Finance.

CLARENCE H. CLARK,
JOSEPH E. TEMPLE,
EDWARD H. COATES.
Committee on Instruction.

EDWARD H. COATES,
JOSEPH W. BATES,
WILLIAM S. BAKER,
HENRY C. GIBSON,
CHAS. HENRY HART.
Committee on Exhibitio1ZS.

CHARLES HENRY HART,
WILLIAM B. BEMENT,
JOSEPH W. BATES,

JAMES

S. , MARTIN,

E. BURGESS WARREN,

, JOHN H. PACKARD, M.D.

Treasurer,. . . . . • • . . . • .
. EDWARD H. COATES.
Secretary, . • . • . . . • . • . .
• GEORGE CORLISS.
Curator 0/ the School and Librm'ian,. . H. C. 'YHIPPLE.

SCHOOL DEPARTMENT.,
. Director 0.1 School, . . . . . • • . . . .' • .
Professor '0.1 Artistic Anatomy,. . . . • • . •
Assistant Professor 0.1 Painting and Drawing, .
Demonstrator' of'Anatomy,. . . . • • ~ . . :

· THOMAS EAKINS,
· W. W. KEEN, M.D.
• THOMAS ANSHUTZ.
· WM. L. MAC LEAl'{,
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Correspondence on rhatters connected with the school sho~ld be addressed to
Mr. H. C. WHIPPLE, Curator.

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SEVENTY-EIGHTH
. JAN NUAL REPORT
OF THE

PENNSYLVANIA ACADEMY OF THE FINE ARTS
FEBRUARY, 1884,

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FEBRUARY, 1885.

THE Board of Directors of the Pennsylvania Academy of the Fine
Arts respectfully submits to the stockholders the following report for
the year.
The most important eVe'nt in the history of the Academy that has
1)ccurred within this period has been a solemn one, well known to you
,all as to the entire community, but none the less indispensable, for that
reason, to be dwelt upon here. We refer, of course, to the death of our
late President, James L. Claghorn, which took place August 25th, 1884.
Mr. Claghorn was the eighth president of ' the Academy" having
been elect~d by you to .that office in 1872. . His f>redecessorswere
George Clymer, 1805-1813; Joseph Hopkinson, 1813-1842; Joseph,
Dugan, 1842-1845; Edward L. ~arey, 1845; Joseph R. Ingersoll,
1846-1852; Henry D. Gilpin, 1852-1$59 and Caleb Cope, 1859-1871:
all men of the first ,consideration among us. The first, was a broad
statesma~ and one of the imm?rtal signers of the Declaration 'of Indepel)dence. The second, was a learned jurist and an accomplished man
of letters, whose national anthem, .fIca'1 Columbia I will ever keep his.
name fresh and green. The third, was an 01<;\ time merchant and wellto-do citizen. The fourth, was one of the,earliest patrons of the Fine
Arts in our country and our city, whose beautiful collection of paint-'
jngs is no~ the property of ~his Academy. He died June 16th, 1845',

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shortly after his election to office. The fifth, was a noble ornament to
our bar, who withdrew from our Academy only upon leaving this
. country to represent it at the court of St. James. The sixth, was'
another illustrious lawyer, who loved to turn aside from the rugged
road of the profession' to the pleasant sidewalks of literature and art.
, The seventh is the sole 'survivor of our departed frie~d's predecessors;
and where all know him and know his worth, it would ill become ,us ,; ,
to say more h~re.
Mr. Claghorn's interest in and service ~o the Academy is so widely
known, that to enlarge upon it, would be echoing a twice-told tale.
One fact, how~ver, must be put upon record for all time-it was through
his extraordinary exertions, that the prese~t Academy building was
erected. At a special meeting of your Board held on the afternoon of
the twenty-seventh of August, the following resolutions were adopted.

Resolved, that this Board desires to place upon its record the unfeigned ,sorrow with which it has received the announcement of the
death 'of its President, James L. Claghorn.
Resolved that, in the death of Mr. Claghorn, this institution, over
which he has presided for upward of thirteen years, has lost one of its
best and most devoted friends, whose generosity and interest in the
development of its work have been equalled by few, and exceeded
by none of its many benefactors. His services to art in this his 'native
city deserve especial mention -not only in connection with J his institution, but in kindred ones; and also in his liberality in keeping his
un~qualed cqllection ,ofprints open to the use of students and others
interested in such work. , His sympathy was always ready in the pro"
motion of any project Jooking to the advancement of art.
Resolved, that the members of ' this Board, over which he has "'p re~'ided with so much urbanity and good judgment, feel that they have
individually rJet with a personal loss in the demise of their friend and
President; and, that, as a mark of ~ffection and respect, they will attend his funeral in a body.
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Resolved that. a ~opy of these r~solutionsbe sent to the wife and
son of the deceased.

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The old by-laws of the A'c ademy not providing; as is usual in such
bodies, for a Vice-President.to act in the absence of the President~ it

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became necessary immediately to fill the vacancy, and Mr. George S.
Pepper, the senior Director of the Academy, was selected by your
Board as presidinK officer, until the next election. To provide against
the recurrence .of such an event, an additional by-law has been adopted,
providing for the election of a Vice-President by the Board, and Mr.
W. S. Baker was chosen for the office.
rhe very extensive and important collection of prints formed by
Mt. Claghorn, has, since his death, been offered for sale, and your
Board feeling 'i n common with many citizens that it should not be
broken up, but, if possible be kept together in some public institution
as a fitting memorial to Mr. Claghorn's taste and liberality, passed the
following resolutions.'
Whereas, this Academy is informed that the well-known collection
of engravings and etchings, formed at vast labor and expense by its
late President, James L. Claghorn, is about to be offered for sale; and,
Whereas, we believe it should be purchased by the government of
the United Statr-s as the nucleus of?- collection to be preserved in the
National Museum of Anthropology, now being formed in Washington,
under the direction of the Smithsonian Institution; and,
Whereas, in, the opinion of this institution, it is proper t,hat this
.. great country should possess a national collection of the works of the
engravers and etchers of the world, from the first practice of the arts
down to the present time, for educational purposes; and,
Whereas, the Claghorn Collection offers an opportunity, that in all
probability will never occur again, of obtaining ready made a selection
of the best works,all properly arranged, showing chronologically the
history and progress of these sister arts from the begining to our own
day, therefore be it
Resolved, that the Pennsylvania Academy of the Fine Arts, respectfully" but earnestly, urges the Congress of the United States, to purchase the Claghorn Collection of Engravings and Etchings f6r the
National Museum in Washington; and not to permit the opportunity
of securing so valuable and)mportant ai1d necessary an addition to the
collection of the National Museum, to pass unimproved.
. Resolved, that we therefore respectfully petition Congress to purchase
_ said collection; and that a copy of these resolutions, with the preambles, be forwarded to the President of the Senate and the Speaker of
the
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. House-of Representatives at, Washington'.

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ART PROPERTY.
During the year the following works have been added to the permanent collection of the Academy:
PAINTINGS.
1
2

Caught in a shower. By Hamilton Hamilton.
A golden opportunity. By A. Corelli.
Both of the above (numbered 14 and 15 Temple Collection) presented by
Mr. Joseph E. Temple,

3 In the Museum. B,y Frank L. Kirkpatrick . .
4 Petrona. By Lucy D. Holme.

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The two last named (numbered 16 and 17 Temple Colleetion) purchased by the
Temple Trust.

5 Portrait head.
Presented by Mr. Charles Henry Hart.

6 Yosemite Vall~y, general view from Bridal Veil Meadow.
Thomas Hill.

By.

Presented by Mr. W. B. Bement.

SCULPTURE.

Marble bust of James L. Claghorn.
Presented by Mrs.

By Edward S. Bartholomew.

J.

L. Claghorn.

MISCELLANEOUS.

Three autotype reproductions, large size, of full face portrait of Washington, profile portrait of Washington, and profile portrait of
Mrs. Washington. From the original oil paintings by James
Sharples.
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Presented by Major J ames Walter, of Horsham, England.

Portrait of Gilbert Stuart Newton. Etched by S. J. Ferris, in facsimile, from. the original pencil drawing by Newton, 1820.
Presented by Mr. Charles Henry Hart.

It was very gratifying to your Board, a?d doubtless will be equally
so to you and the art loving public in general, to be able during the
past year, to carry out the liberal provisions of Mr. Temple's gift to
the Academy, not only in the award of the medals referred to in the
last report, but also in the purchase of works of art by American
Artists, from the annual exhibition. Numbers 3 and 4, in the list of
additions to the permanpl1t collections of the Academy, were, as will
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be seen noted, purchased by the Board with money of the Temple
Fund.
Thus l!ot only was Mr. · Temple's gift utili zed and the
Academy's collection enriched, but two young artists of our own city
were rewardeCl for their earnest, intelligent and meritorious work: It
may be well to add that purchases by the Temple Trust will not pe
confined to works by Philadelphia artists; but good and desi~able
pictures by American artists, no matter where they reside, will be
selected according to heir merit. .

DONATIONS TO THE LIBRARY.
Er, Sie, Es. Zweite lEgyptische Humoreske . . [By C. M. Seyppel,
Dusseldorf.] Sm. folio.
Presented by Mr. Edward H. Coates.

Catalogue o~ Works of Art, with illustrations and descriptions; alsC'
views of the Summer and Winter homes of William B. Bement, ot
Philadelphia. Text by Charles M. Skinner, Brooklyn, N. Y.
Illustrations by F. Gutekunst~ Philadelphia. 1884. 4°.
Presented by Mr. William B. Bemen,t.

Report of an arch::eological tour in Mexico, in I88!. By A. F. Bandelier. (Papers of the Arch::eological Institute of America, American Series II). Boston, 1884. 8°.
Presented by the Archreological Institute of America.

Catalogue of books in the library of the Royal Academy of Arts.
London, 18 77. 8°.

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Presented by Mr. Charles Henry Hart.

Catalogue of the art collection of the Duke of Hamilton, K. T.
,
don, 1882. ' 8°.
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Lon-

Presented by Mr. Charles Henry Hart.

A new book of ornaments useful to all artists. 16 plates on 12 leaves ..
4°. Engraved on copper by S. Gribelin, 17°4.
Presented by Mr. Charles Henry Hart.

Collection of pictures.

W. T . Walters

* * Baltimore.

1884.

Presented by Mr. W. T .. \¥alters .

Oriental Collection of W. T. Walters

* * Baltimore.

1884.

Presented by Mr. W. T . Walters.

Medallic portraits of Washington with historical and critical notes;
a,nd descriptive catalogue of the coins, medals, tokens and cards.
By W. S. Baker. Philadelphia, Lindsay, 1885. 4°.
Presented by Mr. William S. Baker.

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Pamphlets have also been received from the following persons and
institutions:
Mr. Charles M. Kurtz, New York.
Mr. Gaston L. Feuardent, New York.
Academy Art Club.
American Art Association, New York.
American Art Union, New York.
Art Association of Montreal.
Art Committe, Inter-State Industrial Exposition, Chicago.
Art Institute, Chicago.
A.rt Students' L~ague, New York.
Cincinnati Museum Association.
Columbus Art School, Columbus, Ohio.
Massachusetts Charitable Mechanic,Asso., Boston.
Metropolitan Museum of Art, New York.
Museum of Fine Arts, Boston.
National Academy of Design, New York.
Ontario Society of Artists, Toronto.
Pennsylvania M~seum and School of Industrial Art.
Providence Art Club.
San Francisco. Art Association.
St. Louis School of the Fine Arts (Palette Scrapings).
Toby Rosenthal Exhibition, San Francisco.

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EXHIBITIONS.
During the month of April, 1884, the small north-east gallery was
devoted to an exhibition of etchings by that eccentric but skilful
artist, James A. McNeill Whistler. Mr. Whistler is an American, but
has spent most of his art days in Europe; and this collection of fiftyone etchings was exhibited in a gallery decorated for the occasion in .
his" original arrangement of yellow and white." The exhibition was
in every way successful, and' the odd decoration especially attractive ,
and satisfactory. From this collection 4 etchings were sold for $138.
The only other exhibition of the year was the Fifty-fifth AnilUal
Exhibition, which opened October 30th and closed December 11th.
For this exhibition there were sent in 443 works. Of these there were
accepted and placed in the galleries 241 oil paintings, 88 water-co10rs I
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and works in , black and white, including etchings, and ' 5 pieces of
sculpture. From the Fifty-fifth Annual Exhibition 13 works were sold
of the value of $1945.50.
Although this exhibition was one of the .smallest annual exhibitions
ever held at the Academy, it was universally conceded to be ont'; of the
best selected and most interesting that we have had. A'special feature
was the grouping together, in one gallery, of the work by present and
past students of the Academy, thereby showing in a very marked manner the important educational position of the Academy and its schools.
No pictures by American artists painted abroad were brought ov~r
this year, owi~g to the great expense and loss the Academy has annu~
ally incurred in this praiseworthy enterprise. Unfortuna tely, for some
reason which we will not venture to explain, our citizens do not seem
to keep apace with the fast growing interest in the Fine Arts, so rapidly
and richly developing in all other sections of this broad land. Here,
with the first and oldest art institution in the country,-founded in
1805,-'-:and in many respects the leading art institution of the country,
its animal exhibitions for several years past have been held at an annual
10ss. This unpleasant truth would not have to be recorded if our citizens took only ordinary interest in the important work it is our duty
. and aim to advance, and by their attendance gave practicaL encouragement to the institution. This lack of encouragement, like a two-edged
sword, cuts both ways. Owing to the · small sales at our exhibitions
the artists hesitate to send their more important works, which at other
and smaller places stand a fair chal1ce of being sold; thus the excellence of the exhibition is diminished ; while the meagre patronage ex~ /
tended by the citizens to the exhibitions entails a pecuniary loss upon
the institution which it is not in a position to bear.
To meet this last contingency, together with other necessary expenses, it seems of the first importance that the Academy should be
furnished with an
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ENDOWMENT FUND
of n0t less than $100,000, the income of which should be devoted to
the general expenses of the institution. Will not tw.enty of our citi_zens come forward with $5000 each and make this endowment an accomplished fact? The work of the Academy as an art educator would

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' then go on untrammeled, and it is a work of which Philadelphia may'
well be proud.
This plain statement becomes necessary in justice to the management; so that the existing condition of affairs may be ascribed to its
proper cause.

PERMANENT COLLECTION.

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Attention is again called to those works which are t~e property of
the Academy, and which are permanently upon the walls of the galleries
on the south side of the building. This attention is invited in order
that friends of the institution may bear in mind its wants. All good
pictures are of course welcome additions to our collection, but what it
is particularly desirable for us to have are examples of the best work of
those skilled artists of our own land and our mother country, England,
whose hands are forever still. The Academy posesses interestingspecimens from the easels of Richard Wilson, George Morland, Ang~lica
Kauffman, John Opie, Henry Thomson, John Hoppner, William Collins, Charles Robert Leslie, Clarkson Stanfield, J. B. Pine, Daniel
Maclise, C. L. Eastlake and Sidney Cooper, among the British pain- .
ters. But how satisfactory it would be if in addition we could add the
names of Kneller, Lely, Reynolds, Gainsborough, Romney, Lawrence,
Raeburn, Wilkie, Turner, Mulready and Stuart-Newton, not to mention
otll er of nearly equal importance. Of American painters, West, Allston, the Peales, Gilbert Stuart, Sully, Neagle, Vanderlyn, Henry Inman, Mount, Bass Otis, Doughty, Krimmel and others of the same
period are well represen ted; bU,t we sadl y lack in our catalogue the
names of Feke, Hesselius, Smibert, COPLEY-the one American artist, who produced works of really high merit before he had received Old
World advantages-Pratt, Savage, Joseph Wright, Trumbull, Jarvis,
Birch, James Hamilton and the venerable Durand. Yet what better
place for the transmission and perservation of even family portraits
and heirlooms than in our fireproof depository!
Within the past year the Academy has received an agreeable evidence of approval of this suggestion. Mr. Henry Cramond, by his will,'
beq.u eathed to the Academy a very fine portrait by Stuart, of his grandfather, Colonel John Nixon, of revolutionary memory, upon the death
of his cousin, Dr. Charles Willing, to whom it is given for life. It is

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hoped that other citizens will follow this laudable exam-pIe and make
the Academy the receptacle for their fine old family portraits.
In concluding this portion of the'report, we would particularly mention the desirability of securing portraits of all ' ~he past presidents of
the Academy. Fortunately we possess those of Messrs. Clymer, Carey,
Gilpin, Cope and Claghorn, and would be glad to add those of Hopkinson, Dugan: and Ingersoll.

SCHOOL DEPARTMENT.
It is pleasant to be able to report the contin,ued success of the schools
of the Academy. The methods followed in the schools are appreciated
by artists and art students everywhere, and we constantly receive the
, most flattering proofs of this appreciation. Through the liberality of ,
the chairman of the Committee on Instruction, there has been placed
in the library a rack which is suppli~d regularly with the · following
periodicals for the use of the students:
Illustrated London News; Graphic; Punch; Portfolio; Art Journal; English Illustrated Magazine; L' Art; L'Illustration; The Century; Harper's Magazine; Harper's Weekly and Lippincott's Magazine.
During the school year ending May 31st, 1884, the number of students was 214; of which 1'09 were men and 105 women, an increase of
3 men and 8 women over the previous year. During the five months
from October to February inclusive of the season 1884-85, the number
of students has been 179; of these 96 were men and 83 women, an increase of 5 over the same period last year. This is quite remarkable
. considering the stringency of the times.

PRIZES.
There have been five prize~ awarded ' by the Academy this year.
These were the Mary Smith prize, -the Charles Toppan prizes and the
Temple medals. Owing to some conflict of opinion' as to whether,
under the qualifications required in considering the award of the Mary '
Smith prize-first, originality of subject ; second, beauty of design or
·drawing; third, color, and lastly execution-portraits were eligible,
application was made to Mr. Russell Smith, the founder oL the pri~e,
who expressed his intention to be "that portraits should be eligible
for competition." In awarding the Temple medal it was decided that

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the gold medal should be awarded to the best figure painting, and the
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silver medal to the best landscape or marine among the works eligible.
The prizes were accordingly awar~ed at the 55th Annual Exhibition,
as follows:
The Mary S'm ith prize of $100 to Lucy D. Holme, for her painting
called Pe/rona. At the same time Honorable 'Mention was awarded
to Alice Barber for a portrait of a little Boy. The merit of the work
of these two young women was especially encouraging, from the fac,t
that their entire art educatiQn has been received in this city.
" The first Charles Toppan prize of $200 was awarded to Charles H.
Fromuth for his painting entitled the Soldier's Widow; and the second'
Charles Toppan prize of $100 was awarded to Ellen W. Ahrens for a
portrait of her' sister.
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The Temple gold medal was awarded to George W. Maynard, of
New York, for a portrait of Frank D. Millet, entitled the War Correspondent; and the Temple silver medal was awarded to Thomas Hill,
of San Francisco, for a large paint'i ng of the Yosemite Valley from Bri- ,
da! Vetl Meadow.
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FINANCES.

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The general statement of the Treasurer, together with the items of
profit and loss, will be found appended hereto. From the latter ' it
will be seen that the net excess' of expenditures over receipts for the
year ending December 31st, 1884, was $5879,06. ' An examination of
these figures will show the imperative necessity of an endowment fund
for the maintenance of the Academy.

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ART P-ATRONAGE.
In concluding this report, reference must be made to the most recent,
, action of the Academy. The' Government of the United States, to its
, shame be it said, has never taken any advance steps towards the fos 'tering and growth of true art in this country. At different times in its
history bills have been lobbied through Congress for the purchase of '
pictures to be hung, in the national halls of legislation and other departments of the Government; but with few exceptions, it would qe
using too broad a poetical license to speak. of them as works of art.
Recently an attempt has been made in the same manner to secure the
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purchase by the Government of two more works equaUy meretricious;
whereupon this Academy unanimously adopted the following .resolutions:
Whereas, this Academy has heard with regret of the proposition '
for the Government of the United States to purchase two pictures now
recommended by the Senate Committee on Library, at exorbitant
. prices-one of them a portrait of General George H. Thomas by Miss
Ransom, and the other a picture of the Electoral Commission by Mrs.
Fassett-pictures which 'th~sAcademy is informed are without artistic
merit, therefore be it
Resolved, that this Academy does earnestly but respectfully protest
against the continuation of the practice, by the Government of the
United States, of purchasing inferior pictures for ~exhibition in the
national halls of the cQuntry, thereby degrading American art and the
_ work of American artists, not only in the eyes df this country, but
also in the opinion of cultivated foreigners now so constantly visiting
among us. That the patronage of true art by the Government is to
be earnestly applauded; but, that it may be of value to the country,
to art, and to our artists, it must be intelligently administ~red; and
that this Academy therefore urges the Senate and the House of Representatives to enact such laws as will provide against the future purchase
and exhibition of worthless pictures, and ensure the careful selection
of such as it may be desirable to acquire.
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Resolved, that a copy of these resolutions, with the preamble, be forwarded to the President of the Senate and the Speaker of the House of
Representatives at Washington.

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It is earnestly hoped that in view of the universal approval and support this action of the Academy lias received from the press and people of the entire country, that this respectful remonstrance, by the
Academy, will be heeded and acted upon by the proper authorities.



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STATEMENT OF THE PENNSYLVANIA ACADEMY OF T'HE FINE ARTS.
JANUARY ,I,

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$478,009 18
210,5 6 3 85
. 2,5 8 9 54
32,000 00

60,000 00

'1 0.,000 00

8,000 00
2,000 00

lIitiscellaneous.

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• $148 00

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'Real Estate, Broad and Cherry Streets,
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Art Property, . . . . . . . . . . .
Library and School Property,. . . . .
Investment in Academy o~ Fine Arts Bonds,
Penna: Academy of Fine Arts Bonds, (Held by Temple
Trust), . . ' . . . . . . . . . . '. ' . . . . . .
Penna. Academy of Fine Arts BOilds" (Held by Gilpin
Trust), . . . . . . . . . . . . . . . . . . .
Lehigh Valley 7 per cent. Bonds, (Held for Toppan
Fund),
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Penna. 5 per cent. Loan, (Held for Smith .Fund),

Paper on hand,
Duties advanced,
Cash,

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Capital Stock,
, Surplus, . .
Old Stock, .•
Mortgage S. W. Corner Broad and Cherry Streets, .
Phillips Bequest, . . • . . . .
Teln'ple Trust Fund, . . . . .
Temple Trust, Income account,
Gilpin Trust Fund, . . . . . .
Toppan Prize Fund, . . . . .
Toppan Fund, Income account, .
Mary Smith Prize Fund, .
Loans Payable,· . : . . .
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Students' Deposit Fund,
55th Annual Exhibition, .

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. $438,600 00
150,809 08
13,050 , 00
102,000 00
12,000 00
60,000 00
1 ,9 21 50
13,500 00
8,000 00
980 00
2,000 00
300 00

72

50

306

39

.J

173 3 2

.:.

55 58
37 6 90

$803,539

$803,539

47

47

"
"

-- \

~",::",r~

t,
,\

PROFIT AND LOSS BALANCES.
DECEMBER

3 I, 1884.

. $ 69 6
4,8 0 7
6,4 29
69 6

Whistler Exhibition,
General Exhibition, '.
Academy Rents, . .
, Donation (Mr. Horace Moses), .
Interest on Subscriptions,
Temple Trust Fund, Income account,
'Gilpin Fund, Income account,
Phillips Bequest, Income account, .
Costumes sold,. . . .
Discount on old Stock,
Balance,

DR.
Instruction, • • .
Interest,. . . . .
Expense- General,
House expenses, .
Art Property expenses,
Phillips Collection and Library,
54th Annual Exhibition,. . . ;

CR .
31

31

47
43
37 17
600 00
1,403 88

$14,67 0 57

.$

52
2,89 2
2, 21 7
100
150
1,800
620
600
310
47
5,879

II
96
50
00
00
00
91
00
53
50
06

$14,67 0 57

,,"

'"

Item sets