REPORT OF THE EXECUTIVE COMMITTEE. 



To the Trustees of the Carnegie Institution of Washington: 



Gentlemen: Ai-ticle V, Section 3, of the By-Laws provides that 

 the Executive Committee shall submit, at the annual meeting of the 

 Board of Trustees, a report for publication; and Article VI, Section 3, 

 provides that the Executive Committee shall also submit, at the same 

 time, a full statement of the finances and work of the Institution, and 

 a detailed estimate of the expenditures for the succeeding year. In 

 accordance with these provisions, the Executive Committee herewith 

 respectfully submits its report for the fiscal year ending October 31, 

 1920. 



During this year the Executive Committee held eleven meetings, 

 printed reports of which have been mailed to each Trustee. 



Upon the adjournment of the meeting of the Board of Trustees of 

 December 12, 1919, the members of the Executive Committee met and 

 organized by the election of Mr. Walcott as Chairman for 1920, and 

 by voting that the Assistant Secretary of the Institution act as 

 secretary of the Committee for the same period. 



The President's report gives in detail the results of the work of the 

 Institution for the fiscal year 1919-1920, together with itemized 

 financial statements for the same period and a summary of receipts 

 and expenditures of the Institution to date. The President also sub- 

 mits a report and an outline of suggested appropriations for the year 

 1921. The Executive Committee hereby approves the report and the 

 recommendations of the President as the report and recommendations 

 of the Committee, upon the basis of which additional recommendations 

 respecting appropriations for the year 1921 were authorized by the 

 Committee at its meeting of November 19. 



The Board of Trustees, at its meeting of December 12, 1919, 

 appointed Messrs. Price, Waterhouse & Co., of New York, to audit 

 the accounts of the Institution for the fiscal year ending October 31, 

 1920. The report of the auditor, including a balance sheet showing 

 the assets and liabilities of the Institution on October 30, 1920, is 

 herewith submitted as a part of the report of the Executive Committee. 



There is also submitted a statement of receipts and disbursements 

 since the organization of the Institution on January 28, 1902. 



A vacancy in the Board of Trustees, occasioned by the resignation 

 of Mr. George Wharton Pepper, calls for action at the coming meeting 

 of the Board of Trustees. In accordance with a provision of the By- 

 Laws, nominations to fill such vacancy have been requested and have 

 been submitted to members of the Board. 



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