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[[preprinted]] SMITHSONIAN INSTITUTION 766 [[/preprinted]]

FINANCIAL NEEDS OF THE SMITHSONIAN INSTITUTION
By C. G. Abbot, Secretary
March 30, 1928.
A resolution of the Board of Regents of the Smithsonian Institution, adopted February 17, 1928, requests the Secretary "to prepare a statement showing the financial needs of the Institution, especially those concerning unrestricted use of funds for fundamental research."

CONTENTS
1. Present Income .............Page 2
A. Congressional
B. Freer
C. Specific bequests
D. Occasional gifts
E. Endowment in Treasury
F. Endowment invested
Reclassification as of:
Fully restricted application
Partial freedom
Unrestricted

2. Desirable Permanent Improvements ..........Page 4
A.* National Museum
B.* Zoological Park
C. International Exchanges

3. Desirable Increases of Annual Congressional Appropriations ....... Page 6
A.* National Museum
B.* Zoological Park

4. Why the Smithsonian Needs Unrestricted Funds ........ Page 11
A. To grasp opportunities
B. To undertake new projects
C. To plan large scale researches extending over terms of years
D. To experiment ad explore wherever best results may be obtained
E. To seek knowledge without aiming at immediate utilitise
F. To employ and retain men of genius
G. To publish date essential to further advances

5. Urgency of the Situation ....... Page 13

6. Magnitude of Unrestricted Funds Desirable ..... Page 14

7. Certain Illustrative Examples ....... Page 14

[[initials "CGA" written at the bottom left corner]]