SECRETARY'S REPORT 237 



In addition to thds welcome boost to the campaign, the Center was 

 fortunate in receiving a most generous gift of marble from the Gov- 

 ernment of Italy. 



Approaching the expiration of the 5-year term for fund-raising 

 specified in the original act, a 3-year extension, to September 1966, 

 was pending in Congress at the end of the fiscal year. Under the terms 

 of the extension, the number of general trustees will be increased from 

 15 to 30. 



While the outset of a national fund-raising campaign of this magni- 

 tude must inevitably be slow, the time has now arrived — when we 

 have one-third of the total funds required — when we can anticipate 

 with confidence the rapid realization of our ultimate goal to create 

 in the Nation's Capital a national center for the performing arts. 



Respectfully submitted. 



Roger L. Stevens, Chairman. 

 Dr. Leonard Carmichael, 



Secretary., Smithsonian Institution. 



The National Cultural Center Financial Report for the period 

 July 1, 1963, through November 30, 1963, follows: 



