Full text : Postal savings

APPENDIX  B

not  be  sufficient  to  pay  interest  and  to  meet
current  expenses.  Any  net  earnings  of  the  Postal ­
  Savings  Bank  in  addition  to  the  amount
necessary  to  establish  and  maintain  the  aforementioned ­
  reserve  fund  shall  be  utilized  by  the
postal  savings  bank  investment  board  for  the
purpose  of  increasing  the  rate  of  interest  payable ­
  on  deposits  in  the  Postal  Savings  Bank.
Sec.  21.  The  public  good  requiring  the  speedy
enactment  of  this  bill,  the  passage  of  the  same
is  hereby  expedited  in  accordance  with  section
two  of  “An  Act  prescribing  the  order  of  procedure ­
  by  the  Commission  in  the  enactment  of
laws,”  passed  September  twenty-sixth,  nineteen
hundred.
Sec.  22.  This  Act  shall  take  effect  on  its
passage.
Enacted,  May  24,  1906.
            
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