136 ANNUAL REPORT SMITHSONIAN INSTITUTION, 1923 



Residual bequests. — No change has occurred in the status of the following 

 estates, of which the Institution will become the residuary legatee, subject 

 to the death of certain specified beneficiaries: 



The Joseph White Sprague bequest 



The Lucy Hunter Baird bequest. 



The Riter Fitzgerald bequest. 



The Caroline Henry bequest. 

 Consolidated fund. — This fund is composed of miscellaneous bequests and 

 moneys received in excess of $1,000,000, deposited in the United States Treasury 

 under the authority of the organic act. During the year several small bequests 

 have been added to the consolidated fund, which now aggregates $179,390.28. 



On motion of Mr. Johnson, the following resolution was adopted : 



Resolved, That the Board of Regents of the Smithsonian Institution accepts 

 the annual report of the permanent committee just read and approves and 

 ratifies the actions taken by the committee since the last annual meeting. 



ANNUAL REPORT OF THE SECRETARY 



In submitting his annual report for the fiscal year ending June 30, 

 1922, the secretary stated that since the last annual meeting of the 

 Regents 131 publications, comprising 7,785 pages, have been issued 

 by the Institution and its branches. The general appendix to the 

 annual report of the board to Congress contains a selection of pop- 

 ular illustrated articles describing recent advances in nearly every 

 branch of science, and the demand for the report soon exhausts the 

 edition of 10,000 copies. 



On motion, the secretary's report was accepted. 



ANNUAL REPORT OF THE NATIONAL GALLERY OF ART COMMISSION 



The annual meeting of the commission was held December 12, 

 1922, at which it was voted to recommend to the Board of Regents 

 the appointment for a full term of four years of Messrs. Herbert 

 Adams, Gari Melchers, and Charles Moore, their one-year terms hav- 

 ing expired. Messrs. Moore, Adams, and Parmelee were elected by 

 the commission to succeed themselves as members of the executive 

 committee. 



The report of the National Gallery of Art for the year was sub- 

 mitted, as were also reports of the standing, special, and subcom- 

 mittees. 



Messrs. E. W. Redfield, W. H. Holmes, and Gari Melchers were 

 appointed a committee to look after the interests of the National 

 Gallery in connection with the final disposition of purchases by the 

 National Academy of Design to be made under the Ranger bequest 

 fund. 



The urgent need of a National Gallery building was emphasized 

 and discussion took place as to the advisability of applying to Con- 



