AmAp0rUn;Srm"}  Carnegie  Institution  of  Washington.  173 
$50,000  is  hereby  appropriated  for  administrative  expenses,  $200,000 
for  grants  for  research  during  the  fiscal  year  1902-03,  $40,000  for 
a  publication  fund,  the  expenditures  to  be  made  under  the  direction 
of  the  Executive  Committee,  and  that  $100,000  ot  the  available 
income  of  the  Institution  be  set  apart  for  a  reserve  fund  during  the 
fiscal  year  1 902-03. 
Amendments  to  the  by-laws  were  then  considered,  and  the  date 
of  the  annual  meeting  was  changed  from  November  to  the  second 
Tuesday  of  December,  beginning  with  the  year  1903.  By-laws 
were  also  adopted  providing  that  the  fiscal  year  of  the  Institution 
shall  be  from  November  1st  to  October  31st,  inclusive,  and  that 
there  shall  be  a  finance  committee  consisting  of  three  members  of 
the  Board,  to  be  elected  by  the  Board  and  to  hold  office  until  their 
successors  are  elected.  The  duty  of  such  finance  committee  shall 
be  to  consider  and  recommend  to  the  Board  of  Trustees  such  meas- 
ures as  it  may  believe  will  promote  the  financial  interests  of  the 
Institution.  The  Board  then  proceeded  to  the  choice  of  a  finance 
committee,  and  elected  Messrs,  Gage,  Mills  and  Higginson. 
The  following  minute  relative  to  the  death  of  Mr.  Henry  Hitch- 
cock was  presented  by  Mr.  Higginson  and  adopted  by  the  Board : 
The  death  of  Mr.  Henry  Hitchcock  has  deprived  this  Board  of 
Trustees  of  a  cultured  and  wise  counsellor,  a  progressive  leader  and 
a  valued  associate.  Mr.  Hitchcock  stood  for  all  that  was  noble  in 
manhood  and  the  development  of  man.  His  every  effort  was  to 
serve  any  cause  with  which  he  was  connected  with  all  the  power 
and  ability  he  possessed.  We  tender  to  the  members  ot  his  bereaved 
family  sincere  sympathy,  and  place  this  resolution  in  our  minutes  as 
a  permanent  record  of  our  appreciation  and  esteem. 
The  Board  then  proceeded  to  fill  the  vacancy  caused  by  the  death 
of  Mr.  Hitchcock.  Mr.  Ethan  Allen  Hitchcock  was  nominated  and 
unanimously  elected. 
PROCEEDINGS  OF  EXECUTIVE  COMMITTEE. 
Organization. — At  its  first  meeting  the  committee  organized  by 
electing  Mr.  Gilman  chairman  and  Mr.  Walcott  secretary.  At  the 
same  time  lots  were  drawn  for  the  terms  of  service  of  members, 
three  to  expire  with  the  annual  meeting  in  1903,  two  in  1904  and 
two  in  1905.    The  result  of  the  drawing  was  as  follows: 
1903,  Gilman,  Mitchell,  Wright;  1904,  Billings,  Walcott ;  1905, 
Hewitt,  Root. 
