Annual Report (Paperback)

Purchase of this book includes free trial access to www.million-books.com where you can read more than a million books for free. This is an OCR edition with typos. Excerpt from book: REPORT OF THE EXECUTlVE COMMlTTEE. The executive committee of the Board of Regents of the Smithsonian Institution respectfully submit the following report in relation to the funds of the Institution, the appropriations by Congress for the support of the National Museum, the receipts and expenditures for both the Institution and the museum for the year 1876, and the estimates for the year 1877. Statement of the condition of the funds at the beginning of'the year 1877'. The amount originally received as the bequest of James Stuithson, of England, deposited in the Treasury of the United States, in accordance with the act of Congress of August 10, 1846 .' $515,16900 Residuary legacy of Smithson, received in 1865, deposited in the Treasury of the Uuited States, in accordance with the act of Congress of February 8, 1867 26,210 63 Total bequest of Smithson 541,379 63 Amount deposited in the Treasury of the Uuited States, as authorized by act of Congress, February 8,1867, derived from savings of income and increase in value of investments 108,620 37 Amount received as the bequest of James Hamilton, of Carlisle, Pa., February 24, 1874 1, 000 00 Total permanent Smithsou fund in the Treasury of the United States, bearing interest at 6 per cent., payable semi-annually in gold 651. 000 00 In addition to the above, there remains of the extra fund, from savings,