Report of the Executive Committee of the 
Board of Regents of the Smithsonian 
Institution 
For the Year Ended June 30, 1958 
To the Board of Regents of the Smithsonian Institution: 
Your executive committee respectfully submits the following report 
in relation to the funds of the Smithsonian Institution, together with 
a statement of the appropriations by Congress for the Government 
bureaus in the administrative charge of the Institution. 
SMITHSONIAN INSTITUTION 
PARENT FUND 
The original bequest of James Smithson was £104,960 8s 6d— 
$508,318.46. Refunds of money expended in prosecution of the claim, 
freight, insurance, and other incidental expenses, together with pay- 
ment into the fund of the sum of £5,015, which had been withheld 
during the lifetime of Madame de la Batut, brought the fund to the 
amount of $550,000. 
The gift of James Smithson was “lent to the United States Treas- 
ury, at 6 per centum per annum interest” (20 USC 54), and by the 
Act of March 12, 1894 (20 USC 55), the Secretary of the Treasury 
was “authorized 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.” 
The maximum of $1,000,000 which the Smithsonian Institution 
was authorized to deposit in the Treasury of the United States was 
reached on January 11, 1917, by the deposit of $2,000. 
Under the above authority the amounts shown below are deposited 
in the United States Treasury and draw 6 percent interest : 
Unrestricted 
funds Income 
PTMESESINILN SON 282 on eee Soe eS eee $727, 640 $43, 658. 40 
ASSET a So a eae ee 14, 000 840. 00 
TS hipaa | ee, Utena ae de cote Oris Aenean ee ibe ene 500 30. 00 
TS tarsi igo BS eee ey ee ee eee 2, 500 150. 00 
OG ZKINS) CSeNeral)) ee es Se ee ee ee Se ee 116, 000 6, 960. 00 
TEC GSE i eres ee erin Wee Eee lee eee BL 590 35. 40 
Sirsow de) fs a eed Sas. ee ee 1, 100 66. 00 
G NOY orl) inBek gi este ee Dy SRS SR Se 7 a ee 862,330 51,739.80 
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