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FOR ADMINISTRATIVE USE ONLY

SMITHSONIAN INSTITUTION
Proceedings of the Meeting of the Board of Regents
May 9, 1988

[[underlined]]I N D E X[[/underlined]]

                                                                     Page
Summary of Proceedings ............................................. i-xi
Attendance .........................................................    1
Minutes of the Meeting of February 1, 1988 .........................    2
Report of the Executive Committee ..................................    2
Report of the Audit and Review Committee ...........................    4
Report of the Investment Policy Committee ..........................   20
The Secretary's Report .............................................   27
Financial Report ...................................................   28
[[underlined]]Air & Space[[/underlined]] Magazine ..................   39
Enhancement of Smithsonian Resources for Activities Abroad through
"Debt Swap" and Receipt of Donations of Blocked Foreign Currencies     40
Organization of International Activities ...........................   44
Annual Report for 1987 .............................................   47
Legislative Actions and Issues .....................................   47
Smithsonian Afro-American Programming ..............................   49
Museum of the American Indian ......................................   61
National Air and Space Museum Extensionn Planning ..................  140
Smithsonian Tropical Research Institute and the Panamanian Situation  140
Affirmative Action Initiatives .....................................  142