In the supply of useful models, one of its original and most important objects, very little advance is yet made. The lectures and public experiments connected with them will be considerably augmented in the coming season. The new plan for the laboratory promises to increase the scope and utility of it, and at the same time very much to diminish, if not eventually provide for, the expense of that part of the Institution. The library and proposed collection of books of reference will form a library establishment honourable to the British nation, favourable to science, advantageous to the pursuits of scientific men, and very conducive to the increase of the funds and of the utility, prosperity, and permanency of the Institution. He thus ended his report: The fabric of the Royal Institution is now completed by the efforts of individuals.... The attempt has been as arduous as the object has been great and important--not less than that of giving fashion to science and of forming a centre of philosophical and literary attraction, for supplying instruction to the young, and rational amusement to mature life, with essential advantages to the public and increase of resources to the country by new discoveries and improvements in the arts and manufactures. Early in January the managers resolved that Dr. Young and Mr. Davy should give one hundred lectures in the ensuing season, to begin on October 26. On January 21 Dr. Young proposed to the managers a preface to the second volume of the Journal of the Institution. It was referred to the Select Committee, who advised that at the present period, when, on account of the situation of the finances and expenses of the Institution, a considerable alteration is become necessary in their arrangements, any publication of the kind proposed by Dr. Young had better be deferred for the present. This preface, written by Dr. Young, never was published, and, as it gives a good view of the Institution as it was left by Rumford, it is of interest as a record of the past. _Plan and Regulations of the Royal Institution of Great Britain, Albemarle Street, written by Dr. Thomas Young._ The professed object of the Royal Institution is the diffusion of useful knowledge, derived from science, and applicable to the purposes of life.