52 STAT.] 75TH CONG. , 3D SESS.-CHS. 238, 243 -MAY 17, 1938 (b) In order to encourage the development of contemporary art and to effect the widest distribution and cultivation in matters of such art, the Regents are hereby authorized to solicit and receive funds from private sources, to acquire (by purchase or otherwise) and sell contemporary works of art or copies thereof, to employ artists and other personnel, award scholarships, conduct exhibitions, and generally to do such things and have such other powers as will effectuate the purposes of this subsection. Funds received by the Regents under this subsection shall be placed in a special deposit account with the Treasurer of the United States and may be expended by the Regents for the purposes enumerated in this subsection and for no other purposes: Provided, That the Regents shall not incur any obligations under this subsection in excess of the funds available therefor. SEC. 5 . The Director of Procurement, the Administrator of the Public Works Administration, and other agencies of the Government are authorized to donate to the Gallery any works of art now or here- after under their control. SEC. 6. Such objects of art as the Government or the Smithsonian Institution now possess, or such as may hereafter be acquired, may be housed or exhibited in the Gallery, with the approval of and under such regulations as the Regents and Secretary of the Smith- sonian Institution may prescribe. SEC. 7. The Regents may appoint and fix the compensation and duties of a Director of the Gallery and may employ such other officers and employees as may be necessary for the efficient operation and administration of the Gallery. SEC. 8. There are hereby authorized to be appropriated annually such sums as may be necessary to maintain and administer the Gallery, including the salaries of the Director and of other necessary officers and employees, and for special public exhibitions at Washington and elsewhere. Approved, May 17, 1938. [CHAPTER 243] AN ACT To establish the composition of the United States Navy, to authorize the con- struction of certain naval vessels, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That in addition to the tonnages of the United States Navy as agreed upon and estab- lished by the treaties signed at Washington, February 6, 1922, and at London, April 22, 1930, and as authorized by the Act of March 27, 1934 (48 Stat. 503), as amended by the Act of June 25, 1936 (49 Stat. 1926), the authorized composition of the United States Navy in underage vessels is hereby increased by the following tonnages: (a) Capital ships, one hundred and five thousand tons, making a total authorized underage tonnage of six hundred and thirty thou- sand tons: Provided, That vessels of tonnages in excess of thirty- five thousand tons each may be laid down if the President deter- mines with respect to the tonnage of capital ships being built by other nations that the interests of national defense so require, in which event the authorized composition of the United States Navy of capital ships is hereby increased by one hundred and thirty-five thousand tons, making a total authorized underage tonnage of six hundred and sixty thousand tons; (b) Aircraft carriers, forty thousand tons, making a total author- ized underage tonnage of one hundred and seventy-five thousand tons; 36523 -38-- -26 401 Powers of Regents. Deposit and expend- iture of funds. Proviso. Limitation on obli- gations. Donation of works of art by Government agencies. Exhibition of ob- jects of art. Director; officers and other employees. Annual appropria- tion authorized. May 17, 1938 [H. R. 9218 [Public, No. 628] Navy. Increase In author- ized composition In underage vessels. 43 Stat. 1655; 46 Stat. 2858 . 48 Stat. 503; 49 Stat. 1926. 34U.S.C.§494; Supp. II , § 496. Capital ships. Proviso. Vessels of tonnages in excess of thirty-five thousand tons. Aircraft carriers. Post, p. 1143.
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