126 ANNUAL REPORT SMITHSONIAN INSTITUTION, 1921. 



ANNUAL REPORT OF THE PERMANENT COMMITTEE. 



The secretary presented the report, as follows: 



December 9, 1920. 

 To the Board of Regents of the Smithsonian Institution. 



Gentlemen : Your permanent committee hereby submits the following report 

 on the matters under its supervision for the past year : 



Hodgkins fund. — Report has already been made of the allotment from this 

 fund of a total of $23,200 for the establishment and maintenance of a station 

 at Calama, Chile, at which researches in solar radiation are being conducted 

 under the direction of Dr. C. G. Abbot, assistant secretary of the institution 

 and director of its Astrophysical Observatory. 



Under an allotment of $5,000 from this fund Dr. R. H. Goddard, of Clark 

 College, Worcester, Mass., is continuing his work in developing certain devices 

 to be used in connection with the study of the temperature of the higher atmos- 

 pheric strata. 



The Roebling donation. — Dr. Abbot decided that it would be advantageous 

 if the Calama (Chile) station should be removed to a more satisfactory site. 

 He planned also to establish a station in the Harqua Hala Mountains of Ari- 

 zona. There being no funds of the institution available for these purposes, 

 the matter was placed before Mr. John Roebling, of New Jersey, who generously 

 contributed $11,000. 



Freer Gallery of Art building fund. — The condition of the fund is as follows: 



Receipts $1, 343, 573. 61 



Expenditures 1, 206, 802. 52 



Balance 136, 771. 09 



The institution has received $353,004.75 from the Freer estate as a fund pro- 

 vided by Mr. Freer for a permanent endowment for certain specified purposes. 

 The residuary legacy has not yet been received by the institution. 



In reply to an inquiry, the secretary stated that the residual bequest 

 consisted of 16,773 shares of Parke, Davis & Co. stock, estimated at 

 present to be worth $1,677,000. The State of Michigan had assessed 

 an inheritance tax of over $400,000 on the estate, but efforts were 

 being made to have this remitted. 



Avery bequest. — One piece of improved property, yielding a nominal rent, 

 remains to be sold. The bequest now amounts to $31,527. 



Poore bequest. — Several parcels of unimproved land near the city of Lowell, 

 Mass., constitute the residue of this bequest. They are being sold as favorable 

 opportunities offer. The bequest now totals $32,588. 



The Bruce Hughes bequest, to be used for founding the Hughes Alcove, is 

 now $10,410. 



Consolidated fund. — This fund, which is made up of miscellaneous bequests 

 and is in excess of the main fund of $1,000,000 deposited in the Treasury of 

 the United States, amounts to $82,S96.02. 



On motion, the report was accepted. 



ANNUAL REPORT OF THE SECRETARY. 



The secretary submitted his annual report for the fiscal year 

 ending June 30, 1920, with explanatory remarks. 

 On motion, the report was accepted. 



