 | United States - 1927 - 276 pages
...of the session of the Congress to which the report is made. "(2) Investment.— It shall be the duty of the Secretary of the Treasury to invest such portion of the Trust Fund as ia not, in his judgment, required to meet current withdrawals. Such investments may be... | |
 | United States. Congress. House. Committee on Ways and Means - 1935 - 1178 pages
...10, where it saysIt shall be the duty of the Secretary of the Treasury to invest as herein provided such portion of the fund as is not, in his judgment, required to meet current withdrawals. Where do you get his right to leave that fund static, because your computations are figured on a 3-percent... | |
 | United States. Bureau of Internal Revenue, United States. Internal Revenue Service - 1936 - 88 pages
...member bank of the Federal Reserve System designated by him for such purpose. (b) It shall be the duty of the Secretary of the Treasury to invest such portion...current withdrawals. Such investment may be made only in interest bearing obligations of the United States or in obligations guaranteed as to both principal... | |
 | 1936 - 1208 pages
...of the Budget an estimate of the appropriations to be made to the Account. (b) It shall be the duty of the Secretary of the Treasury to invest such portion of the amounts credited to the Account as is not, in his judgment, required to meet current withdrawals. Such... | |
 | United States - 1939 - 780 pages
...member bank of the Federal Reserve System designated by him for such purpose. (b) It shall be the duty of the Secretary of the Treasury to invest such portion...current withdrawals. Such investment may be made only In Interest bearing obligations of the United States or in obligations guaranteed as to both principal... | |
 | United States. Committee on Economic Security - 1937 - 638 pages
...duty of the Secretary of the Treasury to invest such portion of the amounts credited to the Account as is not, in his Judgment, required to meet current...in interestbearing obligations of the United States or in obligations guaranteed as to both principal and interest by the United States. For such purpose... | |
 | United States. Congress. Senate. Committee on the Judiciary - 1937 - 196 pages
...appropriation to be made to the account. (b) At the request and direction of the Board, it shall be the duty of the Secretary of the Treasury to invest such portion of the amounts credited to the account as, in the judgment of the Board, is not immediately required for the... | |
 | United States. Congress. House. Committee on Appropriations - 1937 - 716 pages
...appropriation to be made to the account. (b) At the request and direction of the Board, it shall be the duty of the Secretary of the Treasury to invest such portion of the amounts credited to the account as, in the judgment of the Board, is not immediately required for the... | |
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Fund as is not, in his judgment, required to meet current withdrawals. Such investments may be made only in interest-bearing obligations of the United States, or in obligations guaranteed as to both principal and interest by the United States. For such... 
