FORTY-THIRD CONGRESS, 1873-1875. 727 



Sec. 5589. All laws for the protection of public property in the city 

 of Washington shall apply to, and be in force for, the protection of 

 the lands, buildings, and other property of the Smithsonian Institu- 

 tion. All moneys recovered by or accruing to, the Institution shall be 

 paid into the Treasury of the United States, to the credit of the Smith- 

 sonian bequest, and separately accounted for. 



Sec. 5590. So much of the property of James Smithson as has been 

 received in money, and paid into the Treasury of the United States, 

 being the sum of $541,379.63, shall be lent to the United States 

 Treasury, at 6 per centum per annum interest; and 6 per centum inter- 

 est on the trust-fund and residuary legacy received into the United 

 States Treasury, payable in half-yearly payments, on the 1st of January 

 and July in each year, is hereby appropriated for the perpetual main- 

 tenance and support of the Smithsonian Institution; and all expendi- 

 tures and appropriations to be made, from time to time to the purposes 

 of the Institution shall be exclusively from the accruing interest, and 

 not from the principal of the fund. All the moneys and stocks which 

 have been, or may hereafter be, received into the Treasury of the 

 United States, on account of the fund bequeathed by James Smithson, 

 are hereby pledged to refund to the Treasury of the United States the 

 sums hereb}^ appropriated. 



Sec. 5591. The Secretary of the Treasury is authorized and directed 

 to receive into the Treasury, on the same terms as the original bequest 

 of James Smithson, such sums as the Regents may, from time to time, 

 see fit to deposit, not exceeding, with the original bequest, the sum of 

 $1,000,000. 



Sec. 5592. The Regents are authorized to make such disposal of any 

 other moneys which have accrued, or shall hereafter accrue, as interest 

 upon the Smithsonian fund, not herein appropriated, or not required 

 for the purposes herein provided, as they shall deem best suited for 

 the promotion of the purpose of the testator. 



Sec. 5593. Whenever money is required for the payment of the 

 debts or performance of the contracts of the Institution, incurred or 

 entered into in conformity with the provisions of this title, or for mak- 

 ing the purchases and executing the objects authorized by this title, 

 the Board of Regents, or the executive committee thereof, may certify 

 to the Chancellor and secretary of the Board that such sum of money 

 is required, whereupon they shall examine the same, and, if they shall 

 approve thereof, shall certify the same to the proper ofiicer of the 

 Treasury for payment. The Board shall submit to Congress, at each 

 session thereof, a report of the operations, expenditures, and condition 

 of the Institution. 



Sec. 5594. Congress may alter, amend, add to, or repeal any of the 

 provisions of this title; but no contract or individual right made or 

 acquired under such provisions shall be thereby divested or impaired. 



(Rev. Stat., 1875, pp. 1088-1090.) 



