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 8/31/2007 (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:  January 24, 2008

                                    S\JIMMY D. GAMBILL

                                    Jimmy D. Gambill
                                    Chief Executive Officer - Finance
                                      and Administration






                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 8/31/2007 (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:  January 24, 2008

                                    S\GALEN G. VETTER

                                    Galen G. Vetter
                                    Chief Financial Officer