XVIII JOURNAL OF PROCEEDINGS OF THE BOARD OF REGENTS. 



site, it is contemplated to expend it during the coming year in a new installation, in 

 case a suitable site can be obtained by Congressional action, sucb as on the old 

 Naval Observatory grounds, or otherwise. The expenditure of this relatively small 

 sum will, it is hoped, provide the requisite indispensable buildings, which will be of 

 a very modest character. 



On motion, the Secretary's report was accepted. 



At the Chancellor's suggestion, it was moved and carried — 



That the recommendations in the Secretary's report be referred to the Executive 

 Committee, with power to act. 



Senator Henderson presented the report of the Executive Committee 

 for the year ending June 30, 1895. 



On motion, the report was adopted. 



Senator Henderson introduced the following customary resolution 

 relative to income and expenditure: 



Besolred, That the income of the Institution for the fiscal year ending June 30, 1897, 

 bo appropriated for the service of the Institution, to be expended by the Secretary, 

 with the advice of the Executive Committee, with full discretion on the part of the 

 Secretary as to items. 



On motion, the resolution was adopted. 



The Secretary then read letters — 



From the master of Pembroke (Smithson's College), Oxford, thanking 

 the Institution for a set of its publications and asking for a portrait of 

 Smithson. 



From the Eoyal Institution of Great Britain, returning thanks for a 

 portrait of Mr. Hodgkins. 



From Mrs. J. C. Welling, for a copy of the resolutions passed by the 

 board on the death of Dr. Welling. 



There being no further business to come before the board, on motion 

 it adjourned. 



