Reorganization Plan No. 1 of 1950: Hearings Before the Committee on Expenditures in the Executive Departments, United States Senate, Eighty-first Congress, Second Session, on S. Res. 246 and S. Res. 247 ... April 11 and 12, 1950U.S. Government Printing Office, 1950 - 82 pages |
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Page 3
... becomes a part of the Navy in time of war or when the President so directs . The three other sections of plan No. 1 authorize the Secretary to delegate functions ; to appoint an Admin- istrative Assistant Secretary , with the approval ...
... becomes a part of the Navy in time of war or when the President so directs . The three other sections of plan No. 1 authorize the Secretary to delegate functions ; to appoint an Admin- istrative Assistant Secretary , with the approval ...
Page 11
... become the common practice to refer to that opposition - as special interests being motivated by special interests . I wonder if you can tell the committee just what the fear is on the part of the bankers with reference to the effect of ...
... become the common practice to refer to that opposition - as special interests being motivated by special interests . I wonder if you can tell the committee just what the fear is on the part of the bankers with reference to the effect of ...
Page 14
... become law . We believe that , should this plan become operative , it would more adversely affect the banking functions of this Nation than any other single development since the establishment of the Office of the Comptroller of the ...
... become law . We believe that , should this plan become operative , it would more adversely affect the banking functions of this Nation than any other single development since the establishment of the Office of the Comptroller of the ...
Page 16
... become a law , in which there is this , even though it may be remote , implicit situation that it could be used in a way that we , interested in the soundness of our banks , would not favor . Senator SCHOEPPEL . That is all , Mr ...
... become a law , in which there is this , even though it may be remote , implicit situation that it could be used in a way that we , interested in the soundness of our banks , would not favor . Senator SCHOEPPEL . That is all , Mr ...
Page 19
... become effective May 11 . During the week also , the New York State Bankers Association issued a broad- side to its member banks throughout the State , asking immediate action . " The American Bankers Association in Washington is ...
... become effective May 11 . During the week also , the New York State Bankers Association issued a broad- side to its member banks throughout the State , asking immediate action . " The American Bankers Association in Washington is ...
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Common terms and phrases
AMBERG American Bankers Association appointed bank division bank supervisory BENNETT Board of Governors BRUMBAUGH Bureau CHAIRMAN chief examiners committee Comp Comptroller Comptroller's office Congress Currency decisions delegate department head Deposit Insurance Corporation direction directors disapproval dual banking system dual system economy effect efficiency employee executive branch executive departments exercise expenditures FDIC Federal Deposit Insurance Federal Reserve Board Federal Reserve System FLEMING funds future Secretary GLADNEY Government Hoover Commission independent status LAWTON legislation line of authority loans MCCORMICK ment National Bank Act national bank examiner national banking system operation opinion opposed percent PETERSON policies political present Secretary President proposed quasi-judicial question recom recommendations record Reorganization Act Reorganization Plan resolution respect responsibility Senator BENTON Senator Capehart Senator LEAHY Senator O'CONOR Senator ROBERTSON Senator SCHOEPPEL sound banking statement system of banking Thank tion transfer Treasury Department troller United UNITED STATES SENATE vested
Popular passages
Page 2 - Sec. 2. Performance of functions of Secretary. — The Secretary of the Interior may from time to time make such provisions as he shall deem appropriate authorizing the performance by any other officer, or by any agency or employee, of the Department of the Interior of any function of the Secretary, Including any function transferred to the Secretary by the provisions of this reorganization plan.
Page 2 - Prepared by the President and transmitted to the Senate and the House of Representatives In Congress assembled March 13. 1950, pursuant to the provisions of the Reorganization Act of 1949. approved June 20, 1949 DEPARTMENT OF THE TREASURY SECTION 1.
Page 2 - ... the Coast Guard, which shall constitute a part of the military forces of the United States and which shall operate under the Treasury Department in time of peace and operate as a part of the Navy, subject to the orders of the Secretary of the Navy, in time of war or when the President shall so direct.
Page 73 - There shall be in the Department of the Treasury a bureau charged with the execution of all laws passed by Congress relating to the issue and regulation of national currency secured by United States bonds...
Page 29 - The head of each department is authorized to prescribe regulations, not inconsistent with law, for the government of his department, the conduct of its officers and clerks, and the distribution and performance of its business and the custody, use and preservation of the records, papers, and property appertaining to it.
Page 1 - No. 4 of 1950 is necessary to accomplish one or more of the purposes set forth in section 2 (a) of the Reorganization Act of 1949.
Page 46 - Government, as nearly as may be, according to major purposes ; (5) to reduce the number of agencies by consolidating those having similar functions under a single head, and to abolish such agencies or functions as may not be necessary for the efficient conduct of the Government ; and (6) to eliminate overlapping and duplication of effort.
Page 46 - Government; (3) to increase the efficiency of the operations of the Government to the fullest extent practicable...
Page 1 - I have also found and hereby declare that it is necessary to include in the accompanying reorganization plan, by reason of reorganizations made thereby, provisions for the appointment and compensation of new officers specified in sections 2 and 3 of the plan.
Page 2 - Welfare of any of the records, property, personnel and unexpended balances (available or to be made available) of appropriations, allocations, and other funds of the Department which relate to functions affected by this reorganization plan.