PEOCEEDINGS OF THE BOARD OF REGENTS. 



247 



Chief Justice Chase, Chancellor, took the chair. 



A note from General Garfield, stating the cause of his absence from the meeting, 

 was read. 



The minutes of the last meeting were read and approved. 



The Secretary, in accordance with a resolution of the Board at its last meeting, 

 presented the following statement relative to the present value and original cost 

 of the State stocks forming the extra fund of the institution : 



The Secretary presented to the Board the following copy of the act of Con- 

 gress which had been approved by the President of the United States, April 

 5, 1S66, relative to the Smithsonian library : 



[Public— No. 20.] 



AN ACT to provide for the transfer of the custody of the library of the Smithsonian Institu- 

 tion to the library of Congress. 



Be it enacted by the Senate and House of Representatives of the United States of America in 

 Congress assembled, That the library collected by the Smithsonian Institution under the pro- 

 visions of an act approved August tenth, eighteen hundred and forty-six, shall be removed 

 from the building of said Institution, with the consent of the Regents thereof, to the new 

 fire-proof extension of the library of Congress upon completion of a sufficient portion thereoi 

 for its accommodation, and shall while there deposited be subject to the same regulations as 

 the library of Congress, except as hereinafter provided. 



Sec. 2. And be it further enacted, That when such library shall have been so removed and 

 deposited, the Smithsonian Institution shall have the use thereof in like manner as it is now 

 used, and the public shall have access thereto for purposes of consultation on every ordinary 

 week day, except during one month of each year, in the recess of Congress, when it may be 

 closed for renovation. All the books, maps, and charts of the Smithsonian library shall be 

 properly cared for and preserved in like manner as are those of the Congressional library, 

 from which the Smithsonian library shall not be removed except on reimbursement by the 

 Smithsonian Institution to the treasury of the United States of expenses incurred in binding 

 and in taking care of the same, or upon such terms and conditions as shall be mutually 

 agreed upon by Congress and the Regents ot said Institution. 



Sec. 3. And be it further enacted, That the Smithsonian Institution, through its Secretary, 

 shall have the use ot the library of Congress, subject to the same regulations as senators and 

 representatives. 



Sec. 4. And be it further enacted, That the librarian of Congress shall be authorized to 

 employ two additional assistants, who shall receive a yearly compensation of eight hundred 

 dollars and one thousand dollars, respectively, commencing July one, eighteen hundred and 

 sixty-six, to be paid out of any money in the treasury not otherwise appropriated. 



Sec. 5. And be it further enacted, That the sum of five hundred dollars, or so much thereof 

 as may be necessary, shall be appropriated, out of any money in the treasury not otherwise 

 appropriated, to deiray the expenses of the removal herein provided for. 



Approved April 5, 1866. 



The subject of selling the State stocks forming the extra fund, and of request- 

 ing Congress to receive the amount on the same terms as the original bequest of 

 .Smithson, was considered. 



