This leaves an undisbursed balance of income on June 30, 1914, of $5,223,863.68. It is invested as follows: Bonds, $2,106,267.05; stocks, $1,693,573.86; income receivable, $272,258.50; cash, $1,151,764.27.

It should be noted, however, that against this balance there are unpaid appropriations amounting to $5,843,901.25.

The John D. Rockefeller special fund is a fund which Mr. Rockefeller controls as to principal and income.

In a previous report a gift to the University of Chicago of $9,912,540.74 was published. One-tenth of this gift (or securities and cash representing it) is payable each year. The income from the unpaid balance, however, remains the property of the board subject to Mr. Rockefeller's direction. This accounts for the disparity between the balance of the John D. Rockefeller special fund and the income account of the same name. On June 30, 1913, the principal fund amounted to $373,997.22. Gains on securities sold were $268.56, making a total of $374,265.78. This was given to the Rockefeller Institute for Medical Research, thus wiping out the original principal fund.

The income earned during the year was $380,893.67, the balance from previous years ($748,152.63) increasing the amount to $1,129,046.30.

Disbursements during the year were as follows:

Gift to the Rockefeller Institute for Medical Research.
Expenses...

Total.....

$617, 688.79 649.13

618, 337.92

This leaves a balance of $510,708.38, which is invested as follows: Bonds and stocks, $307,189.98; income receivable, $66,261.84; cash, $137,256.56.

The Anna T. Jeanes fund, the income to be used for negro rural schools, amounts to $200,000. It is invested as follows: Bonds, $182,877.51; stocks, $16,645; cash, $477.49.

The income from this fund during the year was $10,594.97. Added to the balance from the previous year the total available income amounted to $18,261.71. Of this, $8,998 was appropriated and paid to various schools, and $13.69 paid out for expenses, leaving a balance of $7,886.69 in cash, and $1,363.33 income receivable, making a total of $9,250.02.

MARITIME CANAL COMPANY OF NICARAGUA.

Section 6 of the act of Congress approved February 20, 1889, entitled "An act to incorporate the Maritime Canal Company of Nicaragua" (25 Stat., 675), provides:

Said company shall make a report on the first Monday of December in each year to the Secretary of the Interior, which shall be duly verified on oath by the president

and secretary thereof, giving such detailed statement of its affairs and of its assets and liabilities as may be required by the Secretary of the Interior, and any willfully false statements so made shall be deemed perjury and punishable as such. And it shall be the duty of the Secretary of the Interior to require such annual statement and to prescribe the form thereof and the particulars to be given thereby.

The report of this corporation when received will be duly transmitted to Congress. In view of the fact, however, that the Maritime Canal Co. of Nicaragua has no relations whatever with this department and the Secretary has no duty to perform thereto except as specified in the above-mentioned law, the act should be so amended as to require the corporation to submit directly to Congress such form of report as it may prescribe.

APPENDIXES.

APPENDIX A.

Progress in the classification and utilization of the public lands.

Those who have thought that all of the public domain of any value had been taken up years ago may be interested to know that in the 16 months between March 4, 1913, when the present administration came in, and June 30, 1914, the end of the last fiscal year, intending settlers made entry on 19,426,603 acres of public lands—an aggregate area equal to that of the States of Connecticut, Massachusetts, New Hampshire, and New Jersey.

As it has been charged that all the coal lands and other mineral lands of the West have been withdrawn from sale and are being held withdrawn to the detriment of the mineral industry of the region, it may be of interest to know that during the same period an area nearly or quite equal to that entered has been examined in detail by 40-acre tracts and classified; that is, its character with respect to mineral content has been determined. An area of 15,392,482 acres, equal to that of West Virginia, or to that of Connecticut, Delaware, Massachusetts, and New Jersey combined, has been restored and thrown open to settlement or purchase. This does not include lands that have been found to contain workable deposits of phosphate or possible oil and gas pools, as such lands are still held pending suitable legislation for their disposal or use.

On March 4, 1913, the Government held title to nearly 500 million acres of land, of which nearly 200 million acres had been more or less permanently withdrawn from purchase as national forests, parks, monuments, etc., and about 70 million acres had been temporarily withdrawn for classification-that is, for determination whether they should be sold under the coal-land law or other mineral laws, under the timber and stone act, under the desert-land act, or as plain homesteads-leaving 230 million acres open to purchase.

As reconnoissance exploration has revealed the possible existence of deposits of coal, phosphate, or oil and gas, or of water-power sites not previously known, new areas have been temporarily withdrawn until they could be studied in detail; and as detailed surveys have shown just what 40-acre tracts of these newly withdrawn lands contain workable deposits of coal, phosphate, or oil and gas, the land has been classified as coal land, phosphate land, or oil and gas land and has been restored for sale, except that containing phosphate, oil and gas, or certain salts. Lands found to be valuable as water

power sites have been made available for the development of power, but not for other purposes.

Another kind of classification, which has not involved preliminary withdrawals, has been that of certain dry lands which can not be irrigated but which offer to the settler an opportunity for making a living by "dry farming." These lands, when so classified or “designated," may be entered in tracts of 320 acres as enlarged homesteads. In order to show, by States, what has been accomplished in the treatment of the public lands between March 4, 1913, and June 30, 1914 (11 years), maps of 12 States containing public lands are given herewith, showing for each State the areas withdrawn pending the exact determination of their character, the areas examined in detail and restored to entry, the areas which can not be irrigated and are designated as enlarged-homestead lands, and the areas actually entered by purchasers.

As an illustration, the map of Colorado may be explained more in detail. The area of the State is over 66 million acres. During the period under discussion new withdrawals have been made covering 42,276 acres, or nearly two townships, mainly to cover the possible extension of a previously known coal field. Detailed studies have allowed the classification and restoration of nearly 3 million acres. Nearly 4 million acres have been classified as enlarged-homestead lands, and 14 million acres have been entered by settlers. Roughly, one twenty-fifth of the area of the State has been examined in detail with reference to its mineral and water-power value, classified by 40-acre tracts, and restored to entry. One-sixteenth of the area of the State has been classified as nonirrigable, for entry under the enlarged-homestead law, and entries have been made by settlers that involve one thirty-sixth of the area of the State.

Wyoming offers another interesting example of what has been done. The area of the State is over 62 million acres. A quarter of a million acres have been temporarily withdrawn as a result of preliminary explorations, and more than 4 million acres previously withdrawn have been restored as a result of detailed surveys. The area examined and restored, it will be noticed, is about one-fifteenth of the area of the State, or a territory more than equivalent to the area of Connecticut and Rhode Island. About 1 million acres have been determined to be suitable for dry farming, and over 1 million acres, or one fifty-fifth of the area of the State, has been entered by settlers.

Altogether, since March 4, 1913, in 12 public-land States detailed surveys, by 40-acre tracts, have led to the classification and restoration of 15,392,482 acres; 33,453,056 acres have been determined to be suitable for dry farming and designated or listed for settlement as enlarged homesteads in 320-acre tracts; and entries have been made on 19,426,603 acres by purchasers. In the 12 States during the same period only 892,783 acres have been withdrawn.

DIAGRAM SHOWING THE RELATIVE AREAS OF WITHDRAWN, RESTORED, ENTERED, AND DESIGNATED LANDS IN UTAH FOR THE PERIOD MARCH 4, 1913, TO JUNE 30, 1914. Area of State, 52,597,760 acres; 1, withdrawn from entry, 17,504 acres; 2, restored to entry, 520,274 acres; 3, enlarged homestead designations, 87,728 acres; 4, original entries, 266,189.29 acres.

DIAGRAM SHOWING THE RELATIVE AREAS OF WITHDRAWN, RESTORED, ENTERED, AND DESIGNATED LANDS IN WYOMING FOR THE PERIOD MARCH 4, 1913, TO JUNE 30, 1914.

Area of State, 62,460,160 acres; 1, withdrawn from entry, 263,813 acres; 2, restored to entry, 4,112,560 acres; 3, enlarged homestead designations, 353,654 acres; 4, original entries, 1,134,626.21 acres.