730 GENERAL STATEMENT. 



Summary. 



Heceipts from interest and other sources, 1846-1877 $1,704,767.43 



HOW DISPOSED OF. 



Added to the original fund, in the Treasury of the 



United States $108,620.37 



Invested in Virginia bonds 49,832.50 



Disbursed for current expenses 1,521,230.66 



Balance on hand, January, 1878 25,083.90 



$1,704,767.43 



Statement of the condition of the Smithson fund at the beginning of the year 1878. 



The amount originally received as the bequest of James Smithson, of 

 England, deposited in the Treasury of the United States in accord- 

 ance with the act of Congress of August 10, 1846 $515,169.00 



The residuary legacy of Smithson, received in 1865, deposited in the 

 Treasury of the United States in accordance with the act of Con- 

 gress of February 8, 1867 26,210.63 



Total bequest of Smithson 541,379 63 



Amount deposited in the Treasury of the United States, as authorized 

 by act of Congress of February 8, 1867, derived from savings of 

 income and increase in value of investments 108,620.37 



Amount received as the bequest of James Hamilton, of Carlisle, Pa., 



February 24, 1874 1,000.00 



Total permanent Smithson fund in the Treasury of the United States, 

 bearing interest at 6 per cent., payable semi-annually in gold 651,000.00 



