REPORT OF THE SECRETARY. 7 



the same terms as the ori<?iual bequest. I>y the same act the Regents 

 were authorized to add to the Smithsonian fund such other sum as they 

 might see fit to deposit, not exceeding, with the original bequest, the 

 sum of $1,000,000. 

 The original bequest and the sums since added are therefore as follows: 



Bequest of Smithson, 1846 $515,169.00 



Residuary legacy of Smithson, 1867.... 26,-210.6:i 



Deposits from saviugs of income, etc., 1867 108,620.37 



Bequest of James Hamilton, 1874 1,000.00 



Bequest of Simeon Habel, 1880 500.00 



Deposit from proceeds of sale of bonds, 1881 51 , 500. 00 



Total permanent Smithsonian fund in the Treasury of the United 



States, bearing interest at 6 per cent. ])er annum 703, 000. 00 



At the beginning of the fiscal year the balance on hand of the income 

 from the fund was $1,423.14. The interest paid semiannually July 1, 

 1887, and January 1, 1888, w.as $42,180. 



To this was added from sales of publications and miscellaneous sources 

 $752.8(5, making a total available amount for carrying on the operations 

 of the Institution of $44,3oG; total expenditures for theyear, $39,540.77; 

 leaving a balance July 1, 1888, of $4,809.23. 



It is proper in this connection to state that the Institution is charged 

 by Congress with the care and disbursement of sundry appropriations, 

 those for the past year being as follows : 



For international exchanges $12,000 



For ethnological researches 40, 000 



For preservation of Government and other collections In natural history, 



ethnology, etc., in the National Museum 116,000 



For furniture and fixtures for the National Museum 40, 000 



For heating, lighting, and electrical service for the Museum 12. 000 



The vouchers for all the expenditures from these appropriations as 

 well as those from the Smithsonian income are carefully examined and 

 I)assed upon by the Executive Committee of the Board of Regents, with 

 one exception — those for ethnological researches. 



The disbursement of this appropriation from its commencement has 

 been made under the direction of Maj. J. W. Powell, who has been in 

 charge of the Bureau of Ethnology. 



The necessity of greatly increased appropriations for the proper con- 

 duct of the interests committed by Congress to the care of the Insti- 

 tution is daily more manifest, and has been made known in the strongest 

 terms to the National Legislature. 



The estimates prepared to be submitted for the fiscal year ending 

 June 30, 1889, are as follows : 



International exchanges $27,500 



Ethnological researches 50,000 



Preservation of collections 150, 000 



Furniture and fixtures 40,000 



Heating, lighting, etc 12,000 



279, 500 



