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because it is based on high technology and will be extremely interactive.  The Secretary expressed his expectation that the Institution will learn a great deal about exhibits in the process of creating and installing this highly innovative one.

                         SMITHSONIAN PERIODICALS

    The Secretary mentioned that the new [[underlined]] Air & Space [[/underlined]] magazine shows considerable promise since the debut of its inaugural issue in April.  He said that subscriptions are at 200,800 and that the selling of advertisements is ahead of projections, while the costs are in line with projections.

Mr. Adams said that the National Museum of American Art has under development a new scholarly journal to be titled "Smithsonian Studies in American Art."  This journal will appear twice a year, beginning in early 1987, and will provide a forum for the best work being undertaken in the field of American art by scholars throughout the world.  While it may be possible to fund the launch of the journal entirely with resources prospectively available to the Museum, it is hoped that an outside publisher will take on both the production and distribution.

     The Secretary reported that Dr. Sackler has expressed an interest in putting together a group of major contributors who would each invest in the [[underlined]]Scientific American[[/underlined]], assume its ownership, and establish it as an independent corporation, the profits of which would be devoted to the Smithsonian.  While it appears that Dr. Sackler would ultimately expect distinguished scientists from across the country who at least initially would have responsibility for the publication, with only the income coming to the Institution.  In the general discussion which ensued the