EEPORT OF THE EXECUTIVE COMMITTEE. 113 



By authority, your executive committee again employed Mr. Wil- 

 liam L. Yaeger, a public accountant of this city, to audit the receipts 

 and disbursements of the Smithsonian Institution during the period 

 covered by this report. The following certificate of examination 

 supports the foregoing statement, and is hereby approved : 



Washington, D. C, August 5, 1912. 

 ExKcuTivE Committee, Board of Regents, 



Smithsonian Institution. 



Sirs : I have examined the accounts and vouchers of the Smithsonian Insti- 

 tution for the fiscal year ending June 30, 1912, and certify the following to be a 

 correct statement : 



Total receipts $107, 168. 31 



Total disbursements 106,533. 88 



Excess of receipts over disbursements-- '. " 634.43 



Amount from July 1, 1911 32,425.66 



Balance on hand June 30, 1912 33,000. 09 



Balance shown by Treasury statement June 30, 1912 36,738.54 



Less outstanding checks 3,678.45 



True balance June 30, 1912 33,000.09 



The vouchers representing payments from the Smithsonian income during the 

 year, each of which bears the approval of the secretary, or, in his absence, of 

 the acting secretary, and a certificate that the materials and sei-vices charged 

 were applied to the purposes of the Institution, have been examined in connec- 

 tion with the books of the Institution and agree with them. 



(Signed) William L. Yaeger, 



Public Acrountaiit and Auditor. 



All moneys received by the Smithsonian Institution from interest, 

 sales, refunding of moneys temporarily advanced, or otherwise, are 

 deposited with the Treasurer of the United States to the credit of the 

 Institution, and all payments are made by checks signed by the secre- 

 tary. 



The expenditures made by the disbursing agent of the Institution 

 and audited by the Auditor for the State and Other Departments are 

 reported in detail to Congress and will be found in the printed 

 document. 



