Exhibit 12(b)


                CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350
                       AS ADOPTED PURSUANT TO SECTION 906
                        OF THE SARBANES-OXLEY ACT OF 2002

I, Jimmy D. Gambill, Chief Executive Officer of the TEMPLETON GLOBAL SMALLER
COMPANIES FUND (the "Registrant"), certify, pursuant to 18 U.S.C. Section 1350
as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to
my knowledge:

     1.  The periodic report on Form N-CSR of the Registrant for the period
         ended 02/28/06 (the "Form N-CSR") fully complies with the requirements
         of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

     2.  The information contained in the Form N-CSR fairly presents, in all
         material respects, the financial condition and results of operations of
         the Registrant.

Dated: April 24, 2006

                           /s/ JIMMY D. GAMBILL
                           ----------------------------------------------------
                           Jimmy D. Gambill
                           Chief Executive Officer - Finance and Administration





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                CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350
                       AS ADOPTED PURSUANT TO SECTION 906
                        OF THE SARBANES-OXLEY ACT OF 2002

I, Galen G. Vetter, Chief Financial Officer of the TEMPLETON GLOBAL SMALLER
COMPANIES FUND (the "Registrant"), certify, pursuant to 18 U.S.C. Section 1350
as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to
my knowledge:

     1.  The periodic report on Form N-CSR of the Registrant for the period
         ended 02/28/06 (the "Form N-CSR") fully complies with the requirements
         of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

     2.  The information contained in the Form N-CSR fairly presents, in all
         material respects, the financial condition and results of operations of
         the Registrant.

Dated:  April 24, 2006

                                    /s/ GALEN G. VETTER
                                    -----------------------
                                    Galen G. Vetter
                                    Chief Financial Officer