REPORT OF THE EXECUTIVE COMMITTEE OF THE BOARD OF 

 REGENTS OF THE SMITHSONIAN INSTITUTION, FOR THE 

 YEAR 1879. 



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 National 

 Museum, the receipts and expenditures for both the Institution and the 

 Museum for 1S79, and the estimates for the year 1880. 



CONDITION OF THE FUNDS, JANUARY, 18S0. 



The amount originally received as the bequest 

 of James Smithson, of England, deposited 

 in the Treasury of the United States, in ac- 

 cordance with the act of Congress of August 

 10, 1846 $515, 169 00 



Residuary legacy of Smithson, received in 

 1865, deposited in the Treasury of the United 

 States, in accordance with the act of Con- 

 gress of February 8, 1807 26, 210 63 



8541, 379 63 



Additional amount deposited in the Treasury 

 of the United States, derived from savings, 

 &c, authorized by act of Congress, Febru- 

 ary 8, 1867 108, 620 37 



Amount received as the bequest of James 

 Hamilton, of Carlisle, Pa., February 21, 



1874 " 1, 000 00 



109, 620 37 



Total permanent Smithson fund in the Treasury of the 

 United States, bearing interest at 6 per cent., payable 

 semi-annually 651, 000 00 



In addition to the above, there is invested in Virginia Bonds 



and certificates, $88,125.20, valued January 1880, at 32, 000 00 



Also the cash balance in the United States Treasurer's 



hands, January 2, 1880 20, 894 06 



Total Smithson funds, January 2, 1880 $703, 894 06 



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