REPORT OF THE EXECUTIVE COMMITTEE. 543 



Payment for loss of tools by the fire, authorized by 



resolution of the Board, February 1, 1867 $500 00 



Salaries secretary, clerks, and laborers 8,676 65 



PUBLICATIONS AND RESEARCHES. 



Smithsonian contributions, (quarto) $4,621 76 



Smithsonian miscellaneous collections, (octavo) 2,045 20 



Smithsonian report, illustrations, stereotyping, &c. . . 920 18 



Meteorology 1,044 39 



Apparatus 457 82 



Laboratory 17 41 



Explorations 923 49 



$12,488 84 



10,030 25 



LIBRARY, MUSEUM, AND LITERARY EXCHANGES. 



Purchase of books and binding $719 10 



Literary and scientific exchanges 3,507 87 



Assistants in museum 5,890 39 



Incidentals for museum, alcohol, benzine, &c 1,715 81 



Freights 2,072 38 



13,905 55 



Total expenditure in 1867 75,075 38 



The Board of Regents having directed the sale of the United States 7.30 

 bonds, as also the Indiana, Georgia, and Washington bonds, the proceeds to be 

 applied to the increase of the permanent capital, this was accordingly done 

 through the agency of the bankers of the Institution. The act of Congress of 

 February 8, 1867, passed in accordance with the memorial of the Board of 

 Regents, (see report for 1866, page 74,) authorized the Institution to deposit 

 with the Secretary of the Treasury, on the same terms as the original bequest, 

 the residuary legacy of Smithson, together with other sums not exceeding, with 

 the original, $1,000,000. From part of the proceeds of the sale of the United 

 States and State stocks referred to, the sum of $108,620 37, with the residuary 

 legacy, $26,210 63, making $134,831, was deposited in the treasury of the 

 United States; thus making the total amount of the Smithson fund perpetually 

 in the United States treasury, bearing 6 per cent, interest, payable semi-annu- 

 ally, $650,000. 



The Commissioner of Agriculture continues to pay one-half of the salary of 

 the clerk employed to take charge of the meteorological statistics. 



The appropriation annually made by Congress " for the care and preservation 

 of the collections of the exploring and surveying expeditions of the govern- 

 ment" has been expended, as heretofore, under the direction of the Secretary of 

 the Interior, and as the amount was increased for the year ending July 1, 1868, 

 from $4,000 to $10,000, a part of this has been applied to the preservation of 

 that part of the building devoted to the collections, and other purposes. 



The State of Virginia has paid four per cent, interest on its stock, reserving 

 two per cent, in Richmond, to be paid whenever the conflicting claims between 

 the old State and the new State of West Virginia should be settled. All the 

 interest due on the stock of the State up to the 1st of January, 1S67, amount- 

 ing to $19,260, has been funded by the issue of new bonds bearing si\ per cent, 

 interest, none of which has, however, yet been paid. The total amount of Vir- 



