REPORT OF THE PRESIDENT OF THE INSTITUTION 



In compliance with the provisions of Article IV of the By-Laws of the 

 Carnegie Institution of Washington, I have the honor to submit the follow- 

 ing report on the work of the Institution for the fiscal year 



Introductory State- endinsf October ^i, IQ07, along with recommendations of 

 ments. ° ,,. i-i j 



appropriations for the ensuing year and with sundry sug- 

 gestions and comments concerning pending and prospective questions pre- 

 sented by the development of the Institution. 



This report is the sixth annual report of the Institution and is presented 

 under the following heads : 



1. Work of administration. 



2. Resume of work of the year. 



3. Publications. 



4. Recommendation of budget for the year 1908.* 



5. Additional recommendations and suggestions. 



WORK OF ADMINISTRATION. 



As will be seen from the data given in the following tables, the financial 

 branch of the administrative work of the Institution has grown to consider- 

 able dimensions and complexity. Having transactions with 

 Financial Statement many departments and individuals engaged in research, 

 1906-1907!^ ^" ^^^th many firms of architects, builders, and manufacturers 

 employed in works of construction and equipment, and 

 with many firms employed in the varied work of producing publications, a 

 large amount of time and attention must be given to the details which thus 

 arise. 



In order that the departments of the Institution may render a proper 

 accounting of their expenditures without undue labor or cost, a uniform 

 system of bookkeeping has been devised for them and introduced during the 

 past year. This system is substantially the same as that developed by the 

 Bursar of the Institution for its accounts, and permits an easy issue of a 

 monthly or quarterly statement for a department, similar to the printed 



* It has been deemed unnecessary to print this portion of the President's report in the 

 Year Book. 



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