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[[image – line drawing of the Smithsonian Institution]]
Washington, D. C. 20560

December 15, 1987

Honorable William H. Rehnquist
Board of Regents
Smithsonian Institution
Washington, D. C. 20560

Dear Mr. Chancellor:

Your Regents' Personnel Committee, consisting of the undersigned, has carefully reviewed the [[underlined]]Confidential Statement of Employment and Financial Interests[[/underlined]], fully filled out and submitted by each of the following employees:

Robert McC. Adams
Dean W. Anderson
John F. Jameson
David Challinor
Ralph C. Rinzler
John E. Reinhardt
Tom L. Freudenheim
James McK. Symington
Peter G. Powers
Ann R. Leven
James M. Hobbins
Margaret C. Gaynor

As a result of our careful review of these statements as submitted, we have unanimously decided that there is no conflict of interest whatsoever involved and that no action of any kind concerning conflict of interest need be taken with regard to any of these employees.

The Committee has also received and discussed a report of the General Counsel/Ethics Counselor entitled "Submission and review of Forms SI-1085, 'Confidential Statement of Employment and Financial Interests,' for Calendar Year 1986." From that report the Committee has unanimously agreed that the financial reporting procedures for those key staff who must report have functioned in accordance with established
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