KEPORTS OF THE EXECUTIVE COMMITTEE. 



Report of the Executive Committee for the year 1847. 



The Executive Committee report the state of the funds of the Institution, on the 

 1st December, 1847, as follows : 



The Board of Eegents have drawn from the Treasury, of accruing in- 

 terest, to pay the current expenses of the Institution $40,660 81 



The disbursements from this fund have been as follows : 



For expenses of Board of Eegents and its committees $3,876 47 



For materials and erection of specimen walls, and superintend- 

 ence thereof , 393 63 



For books purchased 555 99 



For compensation to architects for designs, &c 1,325 00 



For recording and copying 378 98 



For services of Assistant Secretary 200 00 



For services of messenger 402 50 



For postage 28 99 



For printing 347 63 



For examination of quarries, including expenses of geologist. 370 76 



For perspective views of Institution 200 00 



For chemical examination of building materials 94 50 



For expenses connected with ceremonies, &c, on the occasion 



of laying the corner-stone of building 185 37 



For stationery u 112 83 



For philosophical and chemical apparatus 1,571 47 



For salary of Secretary 1,750 00 



For expense of first volume of Transactions, in part 203 53 



For incidentals, including furnishings, freight, carriage, hack- 

 hire, &c 557 20 



For surveying and recording levels of Institution grounds — 112 50 



For expenses of building, including superintendence 25,002 67 



37,670 02 

 Balance in the hands of Corcoran & Biggs, December 1, 1847. 2,990 79 



$40,660 81 



The entire amount of the funds of the Institution on the 1st instant was $758,- 

 159.79, being $861.79 more than the amount of its funds on the day of the passage of 

 the act by which it was organized ; and, on the first of next month, there will be due 

 of interest $15,455. 



The Institution has no debts, except a few unimportant items not yet rendered, and 

 also an account for the seal of the Institution. 



"W. W. SEATON, 

 EOBEET DALE OWEN, 

 A. D. BACHE. 



Report of the Executive Committee for 1848. 



The Executive Committee submit to the Board of Eegents the following report of 

 the expenditures, state of the finances and condition of the Smithsonian Institution. 



The whole amount of Smithson's property received into the Treasury of the United 

 States on the 1st of September, 1838, was $515,169. The interest which had accrued 

 on the same up to 1st July, 1846, when, by the act of Congress, the funds were 

 placed under the direction of the Board of Eegents, was $242,129. This sum, to- 

 gether with the accruing interest, the Board of Eegents were authorized to expend 

 31 4 81 



