within the time fixed by the commission it shall be subject to the forfeitures last above provided;"

And by inserting in lieu of the paragraph so stricken out the following: "Said detailed reports shall contain all the required statistics for the period of twelve months ending on the thirtieth day of June in each year, or on the thirty-first day of December in each year if the commission by order substitute that period for the year ending June 30, and shall be made out under oath and filed with the commission at its office in Washir.gton within three months after the close of the year for which the report is made, unless additional time be granted in any case by the commission; and if any carrier, person or corporation subject to the provisions of this act shall fail to make and file said annual reports within the time above specified, or within the time extended by the commission, for making and filing the same, or shall fail to make specific answer to any question authorized by the provisions of this section within thirty days from the time it is lawfully required so to do, such party shall forfeit to the United States the sum of $100 for each and every day it shall continue to be in default with respect thereto. The commission shall also have authority by general or special orders to require said carriers, or any of them, to file monthly reports of earnings and expenses, and to file periodical or special, or both periodical and special, reports concerning any matters about which the commission is authorized or required by this or any other law to inquire or to keep itself informed or which it is required to enforce; and such periodical or special reports shall be under oath whenever the commission so requires; and if any such carrier shall fail to make and file any such periodical or special report within the time fixed by the commission, it shall be subject to the forfeitures last above provided."

Nothing in this act contained shall undo or impair any proceeding heretofore taken by or before the Interstate Commerce Commission or any of the acts of said commission; and in any cases, proceedings or matters now pending before it, the commission may exercise any of the powers hereby conferred upon it, as would be proper in cases, proceedings, or matters hereafter initiated; and nothing in this act contained shall operate to release or affect any obligation, liability, penalty or forfeiture heretofore existing against or incurred by any person, corporation or association.

The President is hereby authorized to appoint a commission to investigate questions pertaining to the issuance of stocks and bonds by railroad corporations, subject to the provisions of the act to regulate commerce, and Stock and Bond the power of Congress to regulate or affect the same, and to Issuance Inquiry. fix the compensation of the members of such commission. Said commission shall be and is hereby authorized to employ experts to ald in the work of inquiry and examination, and such clerks, stenographers and other assistants as may be necessary, which employes shall be paid such compensation as the commission may deem just and reasonable upon a certificate to be issued by the chairman of the commission. The several departments and bureaus of the government shall detail from time to time such officials and employes and furnish such information to the commission as may be directed by the President. For the purposes of its investigations the commission shall be authorized to incur and have paid upon the certificate of its chairman such expenses as the commission shall deem necessary: Provided, however, That the total expenses authorized or incurred under the provisions of this section for compensation, employes, or otherwise, shall not exceed the sum of $25.000.

Injunctions Suspending
State Laws,

No interlocutory injunction suspending or restraining the enforcement, operation or execution of any statute of a state by restraining the action of any officer of such state in the enforcement or execution of such statue shall be issued or granted by any justice of the Supreme Court, or by any Circuit Court of the United States, or by any judge thereof, or by any district judge acting as circuit judge, upon the ground of the unconstitutionality of such statue, unless the application for the same shall be presented to a justice of the Supreme Court of the United States, or to a circuit Judge, or to a district judge acting as circuit judge, and shall be heard and determined by three judges, of whom at least one shall be a justice of the Supreme Court of the United States or a circuit judge, and the other two may be either circuit or district judges, and unless a majority of said three judges shall concur in granting such application. Whenever such application as aforesaid is presented to a justice of the Supreme Court of the United States, or to a judge, he shall immediately call to his assistance to hear and determine the application two other judges: Provided, however, That one of such three judges shall be a justice of the Supreme Court of the United States or a circuit judge. Such application shall not be heard or determined before at least five days' notice of the hearing has been given to the Governor and to the Attorney General of the state, and to such other persons as may be defendants in the suit: Provided, That if of opinion that irreparable loss or damage would result to the complainant unless a temporary restraining order is granted, any justice of the Supreme Court of the United States, or any circuit or district judge, may grant such temporary restraining order at any time before such hearing and determination of the application for an interlocutory injunction, but such temporary restraining order shall only remain in force until the hearing and determination of the application for an interlocutory injunction upon notice as aforesaid. The hearing upon such application for an Interlocutory injunction shall be given precedence and shall be in every way expedited and be assigned for a hearing at the earliest practicable day after the expiration of the notice hereinbefore provided for. An appeal may be taken directly to the Supreme Court of the United States from the order granting or denying, after notice and hearing, an interlocutory injunction in such case,

The act took effect on August 17, 1910, except the section amending Section 15 of the act to regulate commerce, as heretofore amended, and the section authorizing the appointment of a commission to investigate questions pertaining to the issuance of stocks and bonds by railroad corporations, which took effect at once.

An act, approved June 25, 1910, provided that there be, and is hereby, created a board of trustees for the control, supervision and administration of the postal savings depository onces designated and established under Postal Savings Banks. the provisions of this act, and of the funds received as deposits at such postal savings depository offices by virtue

thereof. Said board shall consist of the Postmaster General, the Secretary of the Treasury and the Attorney General, severally, acting ex officio, and shall have power to make all necessary and proper regulations for the receipt, transmittal, custody, deposit, investment and repayment of the funds deposited at postal savings depository ofhces.

The board of trustees shall submit a report to Congress at the beginning of each regular session showing by states and territories (for the preceding fiscal year) the number and names of postoffices receiving deposits, the aggregate amount of deposits made therein, the aggregate amount of withdrawals therefrom, the number of depositors in each, the total amount standing to the credit of all depositors at the conclusion of the year, the amount of such deposits at interest, the amount of interest received thereon, the amount of interest paid thereon, the amount of deposits surrendered by depositors for bonds issued by authority of this act, and the number and amount of unclaimed deposits. Also the amount invested in government securities by the trustees, the amount of extra expense of the Postoffice Department and the postal service incident to the operation of the postal savings depository system, the amount of work done for the savings depository system by the Postoffice Department and postal service in the transportation of free mail, and all other facts which it may deem pertinent and proper to present.

The Postmaster General is hereby directed to prepare and issue special stamps of the necessary denominations for use, in lieu of penasty or franked envelopes, in the transmittal of free mail resulting from the administration of this act.

Said board of trustees is hereby authorized and empowered to designate such postoffices as it may select to be postal savings depository offices, and each and every postoffice so designated by order of said board is hereby declared to be a postal savings depository office within the meaning of this act and to be authorized and required to receive deposits of funds from the public and to account for and dispose of the same, according to the provisions of this act and the regulations made in pursuance thereof. Each postal savings depository office shall be kept open for the transaction of business during such hours as the Postmaster General, with the approval of the board of trustees, shall direct.

Accounts may be opened and deposits made in any postal savings depository established under this act by any person of the age of ten years or over, in his or her own name, and by a married woman in her own name and Opening Accounts, free from any control or interference by her husband; but no person shall at the same time have more than one postal

savings account in his or her own right.

The postmaster at a postal savings depository office shall, upon the making of an application to open an account under this act and the submission of an initial deposit, deliver to the depositor a passbook free of cost, upon which shall be written the name and signature or mark of the depositor and such other memoranda as may be necessary for purposes of identification, in which passbook entries of all deposits and withdrawals shall be made in both figures and writing: Provided, That the Postmaster General may, with the approval of the board of trustees, adopt some other device or devices in lieu of a passbook as a means of making and preserving evidence of deposits and witbdrawals.

At least one dollar, or a larger amount in multiples thereof, must be deposited before an account is opened with the person depositing the same, and one dollar, or multiples thereof, may be deposited after such account has been opened; but no one shall be permitted to deposit more than $100 in any one calendar month: Provided, That in order that smaller amounts may be accumulated for deposit, any person may purchase for 10 cents from any depository office a postal savings card, to which may be attached specially prepared adhesive stamps, to be known as "postal savings stamps," and when the stamps so attached amount to $1, or a larger sum in multiples thereof, including the 10-cent postal savings card, the same may be presented as a deposit for opening an account, and additions may be made to any account by means of such card and stamps in amounts of $1, or multiples thereof, and when a card and stamps thereto attached are accepted as a deposit the postmaster shall immediately cancel the same. It is hereby made the duty of the Postmaster General to prepare such postal savings cards and postal savings stamps of denominations of 10 cents, and to keep them on sale at every postal savings depository office, and to prescribe all necessary rules and regulations for the issue, sale, and cancellation

thereof.

Interest at the rate of 2 per centum per annum shall be allowed and entered to the credit of each depositor once in each year, the same to be computed on such basis and under such rules and regulations as the board of trustees may prescribe; but interest shall not be computed or allowed on fractions of a dollar: Provided, That the balance to the credit of any one person shall never be allowed to exceed $500, exclusive of accumulated interest.

Any depositor may withdraw the whole or any part of the funds deposited to his or her credit, with the accrued interest, upon demand and under such regulations as

the board of trustees may prescribe. Withdrawals shall be paid from the deposits in the state or territory, so far as the postal funds on deposit in such state or territory may be sufficient for the purpose, and, so far as practicable, from the deposits in the community in which the deposit was made. No bank in which postal savings funds shall be deposited shall receive any exchange or other fees or compensation on account of the cashing or collection of any checks or the performance of any other service in connection with the postal savings depository system.

Postal savings funds received under the provisions of this act shall be deposited in solvent banks, whether organized under national or state laws, being subject to national or state supervision and examination, and Bank Depositories. the sums deposited shall bear interest at the rate of not less than 24 per centum per annum, which rate shall be uniform

throughout the United States and territories thereof; but 5 per centum of such funds shall be withdrawn by the board of trustees and kept with the Treasurer of the United States, who shall be treasurer of the board of trustees, in lawful money as a reserve. The board of trustees shall take from such banks such security in public bonds or other securities, supported by the taxing power, as the board may prescribe, approve, and deem sufficient and necessary to insure the safety and prompt payment of such deposits on demand. The funds received at the postal savings depository offices in each city, town, village and other locality shall be deposited in banks Located therein (substantially in proportion to the capital and surplus of each such bank) willing to receive such deposits under the terms of this act and the regulations made by authority thereof, but the amount deposited in any one bank shall at no time exceed the amount of the paid-in capital and one-half the surplus of such bank.

If no such bank exist in any city, town, village or locality, or if none where such deposits are made will receive such deposits on the terms prescribed, then such funds shall be deposited under the terms of this act in the bank most convenient to such locality. If no such bank in any state or territory is willing to receive such deposits on the terms prescribed, then the same shall be deposited with the treasurer of the board of trustees, and shall be counted in making up the reserve of 5 per centum. Such funds may be withdrawn from the treasurer of said board of trustees and all other postal savings funds, or any part of such funds, may be at any time withdrawn from banks and savings depository offices for the repayment of postal savings depositors when required for that purpose.

Not exceeding 30 per centum of the amount of such funds may at any time be withdrawn by the trustees for investment in bonds or other securities of the United States, it being the intent of this act that the residue of such funds, amounting to 65 per centum thereof, shall remain on deposit in the banks in each state and territory willing to receive the same under the terms of this act, and shall be a working balance and also a fund which may be withdrawn for investment in bonds or other securities of the United States. but only by direction of the President, and only when, in his judgment, the general welfare and the interests of the United States so require. Interest and profit acerving from the deposits or investment of postal savings funds shall be applied to the payment of interest due to postal savings depositors as hereinbefore provided, and the excess thereof, if any, shall be covered into the Treasury of the United States as a part of the postal revenue: Provided. That postal savings funds in the treasury of said board shall be subiect to disposition as provided in this act, and not otherwise: And provided further. That the board of trustees may at any time disnose of bonds held as postal savings investments and use the proceeds to meet withdrawals of deposits by depositors. For the purposes of this act, the word "territory," as used herein, shall be held to include the District of Columbia, the District of Alaska and Porto Rico, and the word "bank" shall be held to include savings banks and trust companies doing a banking business.

Any depositor in a postal savings depository may surrender his deposit, or any part thereof, in sums of $20. $40, $60. $80, $100 and multiples of $100 and $500, and receive in lieu of such surrendered deposits, under such Deposits Exchanged regulations as may be established by the board of trustees. for Bonds. the amount of the surrendered deposits in United States coupon or registered bonds of the denominations of $20, $40.

$60, $80, $100 and $500. which bonds shall bear interest at the rate of 21⁄2 per centum per annum, payable semi-annually, and be redeemable at the pleasure of the United States after one year from the date of their issue and pavable twenty years from such date, and both principal and interest shall be payable in United States gold coin of the present standard of value: Provided. That the bonds herein authorized shall be issued only (first) when there are outstanding bonds of the United States subject to call, in which case the proceeds of the bonds shall be applied to the redemption at par of outstanding bonds of the United States subject to call, and (second) at times when under authority of law other than that contained in this act the government desires to issue bonds for the purpose of replenishing the Treasury, in which case the issue of bonds under authority of this act shall be in lieu of the issue of a like amount of bonds issuable under authority of law other than that contained in this act: Provided further, That the bonds authorized by this act shall be issued by the Secretary of the Treasury under such regulations as he may prescribe: And provided further. That the authority contained in Section 9 of this act for the investment of postal savings funds in United States bonds shall include the authority to invest in the bonds herein authorized whenever such bonds may be lawfully issued: And provided further. That the bonds herein authorized shall be exempt from all taxes or duties of the United States, as well as from taxation in any form by or under state, municipal or local authority: And provided further, That no bonds authorized by this act shall be receivable by the Treasurer of the United States as security for the issue of circulating notes by national banking associations.

Whenever the trustees of the postal savings fund have in their possession funds available for investment in United States bonds they may notify the Secretary of the Treasury of the amount of such funds in their Applications for Bonds hands which they desire to invest in bonds of the United by Postal Trustees. States subject to call, whereupon, if there are United States bonds subject to call, the Secretary of the Treasury

shall call for redemption an amount of such bonds equal to the amount of the funds in the hands of the trustees which the trustees desire to thus invest, and the bonds so called shall be redeemed at par with accrued interest at the Treasury of the United States on and after three months from the date of such call, and interest on the said bonds shall thereupon cease: Provided, That the said bonds when redeemed shall be reissued at par to the trustees without change in their terms as to rate of interest and date of maturity: And provided further, That the bonds so reissued may, in the discretion of the Secretary of the Treasury, be called for redemption from the trustees in like manner as they were originally called for redemption from their former owners whenever there are funds in the Treasury of the United States available for such redemption. Postal savings depository funds shall be kept separate from other funds by postmasters and other officers and employes of the postal service, who shall be held to the same accountability under their bonds for such funds as for public moneys; and no person connected with the Postoffice Department shall disclose to any person other than the depositor the amount of any deposits, unless directed so to do by the Postmaster General. All statutes relating to the safekeeping of and proper accounting for postal receipts are made applicable to postal savings funds, and the Postmaster General may require postmasters, assistant postmasters and clerks at postal savings depositories to give any additional bond he may deem necessary.

Additional compensation shall be allowed to postmasters at postoffices of the fourth class for the transaction of postal savings depository business. Such compensation shall not exceed 4 of 1 per centum on the average sum upon which interest is paid each calendar year on receipts at such postoffice, and shall be paid from the postal revenues; but postmasters, assistant postmasters, clerks or other employes at postoffices of the Presidential grade shall not receive any additional compensation for such service. The sum of $100,000 is hereby appropriated, out of any money in the Treasury not otherwise appropriated, or so much thereof as may be necessary, to enable the Postmaster General and the board of trustees to establish postal savings depositories in accordance with the provisions of this act, including the reimbursement of the Secretary of the Treasury for expenses incident to the preparation, issue and registration of the bonds authorized in this act; and the Postmaster General is authorized to require postmasters and other postal officers and employes to transact, in connection with their other duties, such postal savings depository business as may be necessary; and he is also authorized to make, and with the approval of the board of trustees to promulgate, and from time to time to modify or revoke, subject to the approval of said beard, such rules and regulations not in conflict with law as he may deem necessary to carry the provisions of this act into effect.

All the safeguards provided by law for the protection of public moneys, and all statutes relating to the embezzlement, conversion, improper handling, retention. use or disposal of postal and money order funds and the punishments provided for such offences are hereby extended and made applicable to postal savings depository funds, and all statutes relating to false returns of postal and money order business, the forgery, counterfeiting, alteration, improper use or handling of postal and money order blanks, forms, vouchers, accounts and records, and the dies, plates and engravings therefor, with the penalties provided in such statutes, are hereby extended and made applicable to postal savings depository business, and the forgery, counterfeiting, alteration, improper use or handling of postal savings depository blanks, forms, vouchers, accounts and records, and the dies, plates and engravings therefor.

The faith of the United States is solemnly pledged to the payment of the depesits made in postal savings depository offices, with accrued interest thereon as herein provided.

The final judgment, order or decree of any court of competent jurisdiction adjudicating any right or interest in the credit of any sums deposited by any person with a postal savings depository if the same shall not have been appealed from and the time for appeal has expired shall, upon submission to the Postmaster General of a copy of the same, duly authenticated in the manner provided by the laws of the United States for the authentication of the records and judicial proceedings of the courts of any state or territory or of any possession subject to the jurisdiction of the United States, when the same are proved or admitted within any other court within the United States, be accepted and pursued by the board of trustees as conclusive of the title, right, interest, or possession so adjudicated, and any payment of said sum in accordance with such order, judgment, or decree shall operate as a full and complete discharge of the United States from the claim or demand of any person or persons to the same.

An act, approved June 20, 1910, provided in its first eighteen sections for the admission of New Mexico under the following conditions: Section 1 authorized the qualified electors of the Territory of New Mexico to vote for and choose delegates to form a constitutional convention for said territory for the purpose of framing a constitution for the proposed State of New Mexico. Said convention shall consist of one hundred delegates; and the Governor,

Admitting New Mexico and Arizona to Statehood.

Chief Justice, and Secretary of said territory shall apportion the delegates to be thus selected, as nearly as may be, equitably among the several ccunties thereof in ac cordance with the voting population, as shown by the vote cast at the election for Delegate in Congress in said territory in 1908: Provided, That in the event that any new counties shall have been added after said election, the apportionment for delegates shall be made proportionate to the vote cast within the various precincts contained in the area of such new counties so created, and the proportionate number of delegates so apportioned shall be deducted from the original counties out of which such counties shall have been created.

The Governor of said territory shall within thirty days after the approval of this act, by proclamation, in which the aforesaid apportionment of delegates to the convention shall be fully specified and announced, order an election of the delegates aforesaid on a day designated by him in said proclamation, not earlier than sixty nor later than ninety days after the approval of this act. Such election for delegates shall be held and conducted, the returns made, and the certificates of persons elected to such convention issued, as nearly as may be, in the same manner as is prescribed by the laws of said territory regulating elections therein of members of the Legislature existing at the time of the last election of said members of the Legislature; and the provisions of said laws in all respects. including the qualifications of electors and registration, are hereby made applicable to the election herein provided for; and said convention, when so called to order and organized, shall be the sole judge of the election and qualifications of its own members. Qualifications to entitle persons to vote on the ratification or rejection of the constitution formed by said convention when said constitution shall be submitted to the people of said territory hereunder shall be the same as the qualifications to entitle persons to vote for delegates to said convention.

Section 2 provides that the delegates to the convention thus elected shall meet in the hall of the House of Representatives in the capital of the Territory of New Mexico at 12 o'clock noon on the fourth Monday after their election, and they shall receive compensation for the period they actually are in session, but not for more than sixty days in all. After organization they shall declare on behalf of the people of said proposed state that they adopt the Constitution of the United States, whereupon the said convention shall be, and is hereby, authorized to form a constitution and provide for a state government for said proposed state, all in the manner and under the conditions contained in this act. The constitution shall be republican in form and make no distinction in civil or political rights on account of race or color, and shall not be repugnant to the Constitution of the United States and the principles of the Declaration of Independence.

And said convention shall provide, by an ordinance irrevocable without the consent of the United States and the people of said state:

First. That perfect toleration of religious sentiment shall be secured, and that no inhabitant of said state shall ever be molested in person or property on account of his or her mode of religious worship; and that polygaFundamental mous or plural marriages, or polygamous cohabitation, and the Guarantees. sale, barter or giving of intoxicating liquors to Indians and the Introduction of liquors into Indian country, which term shall also include all lands now owned or occupied by the Pueblo Indians of New Mexico, are forever prohibited.

Second. That the people inhabiting said proposed state do agree and declare that they forever disclaim all right and title to the unappropriated and ungranted public lands lying within the boundaries thereof and to all lands lying within said boundaries owned or held by any Indian or Indian tribes the right or title to which shall have been acquired through or from the United States or any prior sovereignty, and that until the title of such Indian or Indian tribes shall have been extinguished the same shall be and remain subject to the disposition and under the absolute jurisdiction and control of the Congress of the United States; that the lands and other property belonging to citizens of the United States residing without the said state shall never be taxed at a higher rate than the lands and other property belonging to residents thereof; that no taxes shall be imposed by the state upon lands or property therein belonging to or which may hereafter be acquired by the United States or reserved for its use; but nothing herein, or in the ordinance herein provided for, shall preclude the said state from taxing, as other lands and other property are taxed, any lands and other property outside of an Indian reservation owned or held by any Indian, save and except such lands as have been granted or acquired as aforesaid or as may be granted or confirmed to any Indian or Indians under any act of Congress, but said ordinance shall provide that all such lands shall be exempt from taxation by sald state so long and to such extent as Congress has prescribed or may hereafter prescribe.

Third. That the debts and liabilities of said Territory of New Mexico and the detts of the counties thereof which shall be valid and subsisting at the time of the passage of this act shall be assumed and paid by said proposed state, and that said state shall, as to all such debts and liabilities, be subrogated to all the rights, including rights of indemnity and reimbursement, existing in favor of said territory or any of the several counties thereof at the time of the passage of this act: Provided, That nothing in this act shall be construed as validating or in any manner legalizing any territorial, county, municipal, or other bonds, obligations or evidences of indebtedness of said territory or the counties or municipalities thereof which now are or may be invalid or Illegal at the time said proposed state is admitted, nor shall the Legislature of said proposed state pass any law in any manner validating or legalizing the same.

Fourth. That provision shall be made for the establishment and maintenance of