Up to the closing of the home in 1878, contrary to expectations formed, it had not proved a self-supporting institution. The heavy charge for reut by the corporation, the high wages of the day, and greater cost of pro visions, with the uncertain number of inmates to provide for, made the committee's duties somewhat anxious at times, and it was with a feeling of relief that the committee retired from their duties. After payment of all claims, an unspent balance, inclusive of' in terest, of £370 was placed on deposit, and it is in connection with this sum that the trustees have called this meeting to decide upon its future application. As you are doubt less aware, a scheme is on foot for a sailors' rest—an institution of a more modest character than the home originally marked out, and which, probably, for some years; may suit the wants of the sailors visiting this port. It has occurred to me that some amalgamation of the two might be brought about, and their'joint funds made available towards the commencement of a per manent home, by adapting some portion of what should be tho main building to the wants of the Sailors' Rest Committee, if the two schemes are not too divergent. Several gentleman who are assisting in getting up the rest are present, ami I dare say will give their own ideas on the subject. What the sailors' home trustees want is an ex pression of opinion as to the best way of dispos ing of the funds they have in hand, and the appointment of a committee to give, effect to the resolutions that may be passed at this meet ing." The Chairman thought that the main object of the meeting was to consider whether a sailors' home should be established, or rather re-established. Mr Danson : What has been, done in the matter of the land ? Mr Houqhton : That remains in the hands of the trustees. I omitted to mention that when the institution was closed Mr Walcott, Captain Thomson, and I were appointed trustees, and tho Crown grant was given us. Mr Ramsay: Perhaps someone here is ac quainted with the nature of the steps being taken to establish a sailors' rest. 