84 S. Mis. 53. 



REPORT OF THE EXECUTIVE COMMITTEE. 



The Executive Committee submit to the Board of Regents the 

 following report relative to the present state of the finances and the 

 expenditures during the year 1852 : 



They are happy to inform the Board that, after a strict examination 

 of the accounts, they are enabled to present a very satisfactory state- 

 ment of the present condition of the finances, and the result of the 

 investigations as to the expenditures during the year. 



The whole amount of the Smithsonian bequest deposited 

 in the treasury of the United States (from which an 

 annual income at 6 per cent, interest is derived, of 

 $30,910) is $515,169 00 



There is now on hand, of unexpended interest, 



in charge of Messrs. Corcoran & Riggs $208,800 



Of this sum it is proposed to expend on the 



building 58,800 



Which will leave to be added to the principal, 

 according to the original proposition of Prof. 

 Bache 150,000 00 



The whole fund will then be 665,169 00 



The following is a general view of the receipts and expenditures 

 during the past year : 



Receipts. 



From the income of the original fund $30,910 14 



From interest on the extra fund 9,129 20 



Balance in the hands of the treasurer at the beginning of 



theyearl852 7,296 76 



47,336 10 



Expenditures. 



For the building .---.--- ^14,047 07 



For items common to the general objects of the Institution . ] 1,505 80 



For publications, researches, and lectures 12,224 48 



For library, museum, and gallery of art 9,308 26 



Balance in the treasury 250 49 



47,336 10 



The following is a more detailed statement pf the expenditures : 



