PROCEEDINGS OP THE BOARD OF REGENTS. 109 



Tlie Secretary made a statement relative to tlie finances of tlie Institution, the 

 sale of the State stocks, etc. 



Gen. Delafield, on the part of the Executive Committee, presented the annual 

 account of receipts and expenditures f(jr 1867, and stated that a detailed report 

 would he submitted at a futm-e meeting. 



The Secretary presented a statement in regard to international exchanges of 

 literary, scientific and government publications. The act of Congress, passed 

 at the last session, du-ecting that 50 copies of every government publication 

 should be given to the Smithsonian Institution to be exchanged for the publica- 

 tions of foreign governments, had not been carried out, as the public printer did 

 not consider that the act rcfeiTed to authorized the printing of extra copies of 

 the works, and all the regular edition was already disposed of according to exist- 

 ing laws. Further legislation was therefore required. 



Mr. Pruyn stated that the subject had been referred to the Library Committee 

 of Congress, of which he was a member, and that he would do all in his power 

 to promote the object desired. 



Professor Agassiz, from the committee appointed at the meeting of February 1, 

 1867, presented a report, which, on motion of Mr. Wallach, was accepted. 



After remarks by several Regents, on motion of Mr. Poland, the report was 

 laid on the table and made the special order for the next meeting. 



On motion of General Garfield the report was ordered to be printed. 



The Board then adjourned to meet on Monday evening, January' 27, 1868. 



Washingtox, January 27, 1868. 



A meeting of the Board of Regents of the Smithsonian Institution was held 

 at 7^ o'clock p. m., in the Regents' room. Present, Chief Justice Chase, (the 

 Chancellor,) Hon. B. F. Wade, Hon. Richard Wallach, Hon. J. A. Garfield, 

 Hon. L. P. Poland, Hon. J. V. L. Pruyn, Professor Agassiz, Hon. Peter Parker, 

 and ProJVssor Henry, the Secretary. 



The Chancellor took the chair, and the minutes of the last meeting were read 

 and approved. 



The Secretar}^ presented the report for the year 1867. 



Professor Agassiz presented a printed and revised cojjy of the report of the 

 special committee on the use of the new room, made at the last meeting, which 

 was read as follows : 



Bcporf of the committee appointed to consider what ivill he the best use for the large 

 room in the second story of the main building of the Smithsonian Institution. 

 The influence the Smithsonian Institution has exercised from its origin ujion 

 the progress of science in the United States has been so marked and so deej), 

 that in considering any step connected Mith the organization of the Institution, 

 it is of the utmost importance to keep in view its bearing u[)on the advancement 

 of knowledge generally. To those not familiar with the active operations of 

 the Institution, the growing recognition of the difterence between the increase 

 and diffusion of knowledge, and the consequent establishment l)y Congress of a 

 National Academy, mainly organized for the purpose of enlarging the boundaries 



