Smithsonian Institution Coupons

In 1826, James Smithson, a British scientist, drew up his last will and testament, naming his nephew as beneficiary. Smithson stipulated that, should the nephew die without heirs (as he would in 1835), the estate should go “to the United States of America, to found at Washington, under the name of the Smithsonian Institution, an establishment for the increase and diffusion of knowledge among men.” The motives behind Smithson’s bequest remain mysterious. He never traveled to the United States and seems to have had no correspondence with anyone here. Some have suggested that his bequest was motivated in part by revenge against the rigidities of British society, which had denied Smithson,...