50 CARNEGIE INSTITUTION OF WASHINGTON. 



the Board of Trustees. In accordance with provision of the By-Laws, 

 nominations to fill such vacancy have been requested and submitted 

 to members of the Board. 



The tenures of office of Mr. Henry White and of Mr. C. D. Walcott, 

 as members of the Executive Committee, terminate at the coming 

 annual meeting. 



Charles D. Walcott, Chairman. 



Cleveland H. Dodge. 



Wm. Barclay Parsons. 



Stewart Baton. 



Henry S. Pritchett. 



Elihu Root. 



Henry White. 



Robert S. Woodward. 

 November 19, 1917. 



REPORT OF AUDITORS. 



New York, November SO, 1917. 

 The Board of Trustees of the Cariiegie Institution of Washington: 



Dear Sirs : We have audited the books and records of the Carnegie 

 Institution of Washington for the year ending October 31, 1917, and 

 hereby certify that the statement of the receipts and disbursements for 

 that period and the balance sheet at October 31, 1917, on pages 51-53 

 accurately reflect the transactions of the year and the financial condi- 

 tion of the Institution at the close of the year. 



The investment securities of the endowment and other funds were 

 examined by us and found to be in accordance with the lists on pages 

 54-56. 



The cash on hand was verified by actual count and the balances in 

 banks were confirmed with letters from the various depositaries. 



The income from the investment securities has been accounted 

 for and properly approved vouchers have been submitted to us for all 

 payments made. 



The accounts of the Departments of Research, which the Bursar of 

 the Institution has audited for some years past under instructions 

 from the Trustees, were not examined by us. 



Yours very truly, 



Arthur Young & ^o. 



