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" That the Secretary of the Treasury is hereby authorized to borrow on the credit of the United States from time to time, as the proceeds may be required to defray expenditures authorized by this Act... "
Statement of Hon. William H. Taft, Secretary of War: Before the Committee on ... - Page 57
by United States. Congress. Senate. Committee on Interoceanic Canals - 1906 - 190 pages
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Construction of Railroads in Alaska: Hearings Before the Committee on ...

United States. Congress. Senate. Committee on Territories - 1913 - 732 pages
...ttie President of the United States, or the Secretary of the Treasury upon the order of the President, is hereby authorized to borrow on the credit of the...from time to time, as the proceeds may be required to defrav the expenditures authorized by this act, such proceeds, when received, to be used only for the...
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Rural Credits: Hearings Before the Subcommittee of the ..., Volumes 1-8

United States. Congress. House. Committee on Banking and Currency - 1913 - 316 pages
...act in circulation, and for the purposes of maintaining such reserve the Secretary of the Treasury is authorized to borrow, on the credit of the United States, from time to time, whenever the surplus revenues are insufficient to supply such reserve, such sums as may be required...
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Compiled Statutes of the United States, 1913: Embracing the ..., Volume 3

United States - 1914 - 1382 pages
...from taxation; disposal of bond; repeal in part of Act June 28, 1902, c. 1302, § 8. The Secretary of the Treasury is hereby authorized to borrow on...the proceeds may be required to defray expenditures on account of the Panama Canal and to reimburse the Treasury for such expenditures already made and...
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The Panama Canal: Treaties and Acts of Congress Relating to the Isthmian Canal

United States - 1914 - 68 pages
...Representatives of the United States of America in Congress assembled: ******* SEC. 39. That the Secretary of the Treasury is hereby authorized to borrow on...the proceeds may be required to defray expenditures on account of the Panama Canal and to reimburse the Treasury for such expenditures already made and...
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California Red Book: Hillyers̓ Legal Manual, 1914

Curtis Hillyer - 1914 - 1628 pages
...Authorized at Rate of Interest not to Exceed Three Per Cent Per Annum. — (§ 39.) That the Secretary cy P O pp _ T) ~ `E 44 :w g2 A Þ a 1 N ߿ = 8 ص9 Q U ؙ) n on account of the Panama Canal and to reimburse the Treasury for such expenditures already made and...
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Rural Credits: Hearings Before the Subcommittee of ... , 63-2

United States Congress. House. Banking and Currency Committee - 1914 - 306 pages
...act in circulation, and for the purposes of maintaining such reserve the Secretary of the Treasury is authorized to borrow. on the credit of the United States, from time to time, whenever the surplus revenues are insufficient to supply such reserve, such sums as may be required...
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History of the Panama Canal: Its Construction and Builders

Ira Elbert Bennett - 1915 - 752 pages
...or final section, of the basic act provided that the Secretary of the Treasury should have authority to borrow on the credit of the United States from time to time as the proceeds might be required to defray the expenses authorized by the act, and to issue coupon or registered bonds...
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Readings in American History

David Saville Muzzey - 1915 - 632 pages
...nineteenth day of April etc. . . . Be it enacted . . . That the Secretary of the Treasury be, and he is hereby, authorized to borrow on the credit of the United States, within twelve months from the passage of this act, a sum not exceeding two hundred and fifty millions...
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Readings in American History

David Saville Muzzey - 1915 - 634 pages
...nineteenth day of April etc. . . . Abraham Be it enacted . . . That the Secretary of the Treasury be, and he is hereby, authorized to borrow on the credit of the United States, within twelve months from the passage of this act, a sum not exceeding two hundred and fifty millions...
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Documentary Source Book of American History: 1606-1906

William MacDonald - 1916 - 688 pages
...National Loan and for other Purposes. Be it enacted . . . , That the Secretary of the Treasury be, and he is hereby, authorized to borrow on the credit of the United States, within twelve months from the passage of this act, a sum not exceeding two hundred and fifty millions...
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