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(Science, History and Art, Public Service, Museum Programs, Financial Services, Administration, etc.).

In the ensuing discussion several subjects were noted for the future consideration of the Committee:  the responsibilities of the Institution and the Board of Regents with regard to the affiliated organizations (Kennedy Center, National Gallery of Art, Woodrow Wilson International Center for Scholars); the Institution's endeavors at the Chesapeake Bay Center for Environmental Studies, a possible site for a Committee visit; the Cooper-Hewitt Museum in New York as a Smithsonian facility, another possible visitation site; the Smithsonian libraries, their rationale, organization, and importance for the work of the Institution; and the legal responsibilities and liabilities of the Regents.  The Committee indicated it may wish to send some of its members to visit any number of Smithsonian facilities to that the Committee could gain more through understanding of the whole institution.

Mr. Hohenlohe, Treasurer, gave a brief history of auditing at the Smithosnian and introduced the independent auditing firm of Coopers and Lybrand, represented by Messrs. Mann and Bartko.  The Treasurer noted that the contract with Coopers and Lybrand for auditing the Institution's trust funds, now in its first year, will be renegotiated from year to year with the approval of the Audit and Review Committee.  Coopers and Lybrand can be expected to conduct the independent audit of the Institution's trust funds for up to five years.