8 KEPORT OF THE SECRETAHY. 



tain approved railroad bonds Avhicli form part of the fund established 

 by Mr. Hodgkins. 



At the beginning of the fiscal year July 1, 1904, there was a 

 deficit of $.302.80 instead of a credit balance of $4G,G4S.33, as stated 

 in my report for the year ended June 30, 1904. On June 2, 1905, it 

 was discovered that the accountant of the Institution Avas a defaulter, 

 and that by the aid of false entries and erasures he had been able to 

 conceal his misdeeds from detection. He was immediately placed in 

 the custody of the law and an examination of the books and accounts 

 was commenced, but the total amount of the defalcation had not been 

 determined at the close of the fiscal year, and a more complete 

 statement will be submitted in a special report. 



During the year the total receipts deposited in the Treasury of the 

 United States in behalf of the Institution were $74,761.72. Of this 

 sum $57,060 w^ere derived from interest, $10,000 from a temporary 

 loan, and the balance of $7,701.72 from miscellaneous sources. The 

 disbursements during the year amounted to $69,245, the details of 

 which are given in the report of the executive committee. The 

 balance remaining to the credit of the Secretary on June 30, 1905, 

 for the expenses of the Institution, was $5,153.92. 



During the fiscal year 1905 the Institution was charged by Con- 

 gress with the disbursement of the following appropriations: 



International Exchanges .$27, 000 



American Ethnology 40, 000 



Astrophysical Ohservatory 15, 000 



United States National Museum : 



Furniture and fixtures 22, 500 



Heating and lighting _- 18,000 



Preservation of collections 180,000 



Postage 500 



Books 2, 000 



Rent of workshops 4,580 



Repairs to buildings 15,000 



National Zoological Park 95,000 



Total 419, 580 



The following estimates were forwarded as usual to the Secretary 

 of the Treasury for carrying on the (Tovernment's interests under the 

 charge of the Institution for the fiscal year ending June 30, 1906. 

 This table shows the estimates and sums respectively appropriated : 



