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itself in various basic research disciplines, and intends to continue to do so over the long run, partially through sustained grant and contract work received from the federal government, as well as its other sources of funding.

[[underline]] Foreign Currency Program [[/underline]]

The Smithsonian has conducted programs with excess foreign currency funds since 1965. Foreign currency projects, consisting of grants to American institutions of higher learning, including the Smithsonian itself, museum professional exchanges, and occasional restoration projects of international importance such as the Temple of Philae in Egypt, have occurred in most of the excess currency countries. The results have been amply reflected in publications, conference presentations, and exhibits, and in sustained scholarly relationships. The countries where excess currency projects could be funded were eleven, and are now reduced to five. Opportunities may be limited over the longer run if present excess currencies and countries diminish even further. While the international context changes periodically, the Smithsonian expects its program to remain active as long as currencies are available. By forward funding certain high-priority efforts, it is expected that activities will continue forward beyond the period when countries are no longer on the excess list.

[[underline]] Buildings and Facilities [[/underline]]

At the end of FY 1982, the Smithsonian occupied approximately 4,200,000 square feet of building space, owned or leased, for all purposes in facilities located in Washington and elsewhere. By FY 1988, with the occupation of the planned Quadrangle facility by FY 1986, and the essential completion of facility work for the Zoological Park in Rock Creek and at the Front Royal Conservation Center, space occupied by the Institution will approximate 4,900,000 square feet. By FY 1995, if the Institution continues to be successful in planning and accommodating its major space objectives, space available might approach 5,200,000 square feet. Implicit to the projections beyond FY 1988 are the following general institutional objectives:

[[indented]] Consolidation of program, administrative, and support operations into Smithsonian-owned facilities on properties controlled by the Institution or the federal government, and the minimum reliance on leased or rented locations.

Continued phased development of the Suitland properties for controlled warehousing, preservation, conservation, and study of the collections.

Acquisition of a building site convenient to the Mall and construction of a light, industrial-type facility for technical and administrative support of museum operations. [[/indented]]