CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in this Registration
Statement on Form N-1A of our report dated September 29, 2000, relating to the
financial statements and financial highlights which appear in the August 31,
2000 Annual Report to Shareholders of Templeton Global Smaller Companies Fund,
Inc. which is also incorporated by reference into the Registration Statement.
We also consent to the references to us under the headings "Financial
Highlights" and "Auditors" in such Registration Statement.
/s/PRICEWATERHOUSECOOPERS LLP
New York, New York
December 27, 2000
