AlfNUAL KKL'OIIT 



JOAIM) OF RECIENTS 



SM J THSON J A^^ INSTIT I TION. 



TlIK OI'KKATIONS, KXI'KNDITUKES, AND (JOiNDlTlON 

 OF THE INSTITUTION 



TIIK VKAK KM)1N(; JTNK ;;(i, l!M)i\ 



WASHINGTOJST: 



GOVERNMENT rRINTINf4 OFFICE. 



