PROCEEDINGS CF REGENTS. 111 
ANNUAL REPORT OF THE PERMANENT COMMITTEE. 
At the request of Judge Gray, chairman, tne secretary presented 
the following report: 
DECEMBER 12, 1918. 
To the Board of Regents of the Smithsonian Institution, 
GENTLEMEN: Your permanent committee submits herewith its report for the 
past year on the matters under its supervision: 
Hodgkins fund—aAs stated in the report made at the last annual meeting 
$5,000 per annum for three years had been allotted from the Hodgkins fund 
to Dr. Charles G. Abbot, Director of the Astrophysical Observatory, for the 
establishment of a solar radiation observing station in the Argentine Republic, 
which project had to be temporarily abandoned owing to war conditions. 
The station was located at Hlk Park, N. C., however, and observations taken 
until the early summer, when the work at that point ceased. 
In June, 1918, the observer and his assistant proceeded to Chile and estab- 
lished a station at Calama, 7,500 feet above sea level. 
An allotment of $5,000 from the Hodgkins fund was also made to Mr. R. H. 
Goddard, of Clark College, for developing certain devices to be used in 
connection with the study of the temperature of the higher atmospheric strata. 
This work became merged into a series of important experiments in connec: 
tion with the work of the War Department. 
Avery bequest.—Since the last report two of the properties coming to the 
Institution under this bequest have been disposed of—No. 120 B Street, NE., and 
No. 326 A Street, SE. Only one lot remains, situated at No. 140 Hast Capitol 
Street. The Avery fund now totals $28,874.51. 
The Bruce Hughes bequest.—The Rev. Bruce Hughes, of Lebanon, Pa., by 
will dated November 24, 1914, provided in the ninth section that the balance 
and residue of his estate should come to the Smithsonian Institution, the 
income to be used for the founding of the Hughes Alcove of the Institution. 
Mr. Hughes died March 20, 1916, and during the past year the sum of $9,503.18 
has been received from his executors. 
The Poore bequesit.—As previously stated, $24,534.82 have been received by 
the Institution as the proceeds of this estate, exclusive of a number of lots 
situated in a rather undesirable section of Lowell, Mass. Several attempts 
have been made to dispose of these properties, but up to this time only one 
lot has been sold, and deposits have been made on four others. Including the 
sale mentioned, and additions by earnings to date, this bequest now amounts to 
$28,786.98. 
Freer Art Gallery.——The present condition of the Freer Art Gallery fund is 
as follows: 
TASSELS OATS af mA ec AN yh aR ADE hr haa ihe Ra lo $1, 320, 228. 77 
JCS Oy BMeGSVE5 0S 0 Se stn gl IN cp al MA Med, tance $703, 662. 36 
SULT Ce Lem Meth oR mme sera TERNS, NUE a 616, 566. 41 
1, 320, 228. 77 
Consolidated fund.—The consolidated fund of the Institution, which em- 
braces investments in excess of the permanent fund of $1,000,000 deposited in 
the Treasury of the United States, now amounts to $68,974.38. 
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On motion, the report was approved. 
