We do not hesitate to affirm that California's participation at the Seattle Exposition was a success from every point of view, and knowing our trust was conscientiously performed, and that our best efforts were exerted in the interest of our State, we dare to hope that you who trusted us are not disappointed, and that the people of California who generously advanced the money for the work are satisfied with the showing made, and that they will reap substantial and lasting benefit as the result of their enterprise and liberality. We want to thank you sincerely for the confidence reposed in us, for your kindly co-operation and advise, and particularly for the generous rein given to us in carrying out a work for which you, in the eyes of the law, were primarily responsible. Our studied efforts were continually directed toward trying to get the greatest results at the least cost, for, though handling a generous appropriation, we never lost sight of the fact that it was the people's money, and consequently we consented to the expenditure of a dollar only where in our judgement a dollar's worth or more benefit would accrue to California; neither did we lose sight of the high standard which has characterized your course in the handling of public affairs. We acted on the principle that public office is a public trust, and that public money should be handled with greater care than one would handle his own. The following pages contain a complete list of the awards made to California exhibitors and a statement of all moneys received and expended, and accompanying this report we hand you the vouchers showing all our transactions and just how the money was expended. We have settled every honorable claim, we have concluded the work in full, even to the distribution of the awards, and if there is a dollar left to go back into the Treasury it is because that dollar was not needed for the full satisfaction of the duties imposed. Respectfully, J. A. FILCHER, FRANK WIGGINS, Governor's Representatives. FINANCIAL STATEMENT CALIFORNIA ALASKA-YUKON-PACIFIC EXPOSITION COMMISSION October 1, 1907, to December 27, 1910.