We regard the policy of conserving the property of the State in the waters of the river and falls of Niagara as most wise, and

we commend it to the careful consideration of this Legislature. Respectfully submitted.

CHARLES M. DOW,

ALVAH K. POTTER,

THOMAS P. KINGSFORD,

ALEXANDER J. PORTER,

GEORGE RAINES,

Commissioners.

REPORT

OF THE

Treasurer of the State Reservation at Niagara

For the Fiscal Year Ending September 30, 1904.

REPORT OF THE TREASURER

THE COMMISSIONERS OF THE STATE RESERVATION AT NIAGARA, In Account with EDWARD H. PERRY, Treasurer, for the Fiscal Year Begun October I, 1903, and Ended September 30, 1904.