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The fund is maintained through (a) contributions by participants, including all Foreign Service officers and eligible Foreign Service staff officers and employees, of 6.5% of their basic annual salaries; (b) matching Government (employer) contributions from the appropriations from which salaries are paid; and (c) interest on investments (22 U.S.C. 1071).

It is estimated that approximately 1,412 annuitants will be paid retirement benefits from this fund at the end of 1966 compared with 1,163 at the end of 1964 and 1,285 at the end of 1965. Gratuities represent payments made to Foreign Service officers in classes 4, 5, 6 and 7 who are selected out of the Service.

While income still exceeds outgo, the long-range projections for this fund indicate that payments will exceed income in the near future and the Government will need to supplement its current practice of only matching employee deductions,

35

Financing: 21 Unobligated balance available, start of year. 24 Unobligated balance available, end of

year. 60 New obligational authority (appropria

tion)-

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1041

Program and Financing (in thousands of dollars)-Continued

Funds have been provided by the Ford Foundation for the preparation of material on the inter-action of foreign relations and scientific developments (22 U.S.C. 1046).

Object Classification (in thousands of dollars)

Identification code 1410-8812-0-7-151

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Identification code 14-05-8822–0-7-151

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Relation of obligations to expenditures: 71 Total obligations (affecting expenditures).. 72 Obligated balance, start of year... 74 Obligated balance, end of year.. 90 Expenditures.

12

3 -1

-3

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6 10 17

14

3

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Gifts or bequests may be used to carry out any of the authorized educational, scientific, or cultural purposes of the U.S. National Commission for UNESCO (22 U.S.C. 287(q)).

Object Classification (in thousands of dollars)

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Identification code 14-10-8812–0-7-151

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750-100—65-66

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Financing:
Authorization to spend foreign currency re-

ceipts: Permanent (22 U.S.C. 2455).

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1. U.S. dollars advanced from foreign governments. Funds advanced by other governments are used to send experts abroad to perform requested services, to give foreign nationals scientific, technical, or other training, and to perform technical or other services in this country (22 U.S.C. 1431-1479).

2. Contributions, educational and cultural exchange.-U.S. dollars contributed by foreign governments, international organizations, and private individuals and groups are used for the purposes of the Mutual Educational and Cultural Exchange Act of September 21, 1961 (22 U.S.C. 2455).

Object Classification (in thousands of dollars)

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DEPARTMENT OF STATE

41.0 Grants, subsidies, and contributions

(obligations, Department of State)---

Identification code 14-25-8815-6-7-151

1964 actual

1965 1965 estimate estimate

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1043

TREASURY DEPARTMENT

OFFICE OF THE SECRETARY

Program and Financing (in thousands of dollars) --Continued
Identification code

1964
15-10-9999-0-7-999

1965 actual estimate

PERSHING HALL MEMORIAL FUND

1966 estimate

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Relation of obligations to expenditures: The Secretary of the Treasury may invest the principal 10 Total obligations. of the Pershing Hall Memorial fund in interest-bearing

70 Receipts and other offsets (items 11-17).U.S. bonds. Earnings are paid to the American Legion

71 Obligations affecting expenditures. for use in the maintenance of Pershing Hall in Paris, 72 Obligated balance, start of year: France (49 Stat. 426).

Treasury balance There is pending legislation which would transfer the

U.S. securities (par)74 Obligated balance, end of

year: control of Pershing Hall to the Administrator of Veterans'

Treasury balance.. Affairs. The effect of the proposed legislation will U.S. securities (par)abolish the Pershing Hall Memorial Fund, and the Secretary of the Treasury shall cover any funds therein into

90 Expenditures the Treasury as miscellaneous receipts and shall liquidate any nonliquid assets in such fund and cover the proceeds

Expenditures are distributed as follows: therefrom into the Treasury as miscellaneous receipts. Polish claims fund..

Losses in melting gold
National defense conditional gift fund...

Payment of pre-1934 bonds of the Govern-
BUREAU OF ACCOUNTS

ment of the Philippines

Payment of unclaimed moneys.
BUREAU OF ACCOUNTS TRUST FUNDS

Unclaimed moneys of individuals whose

whereabouts are known.. Note:—The following schedule includes unobligated balances for “Matured Esther Cattell Schmitt gift fund. obligations of the District of Columbia" and "To promote the education of the blind (principal account)."

Czechoslovakian claims fund..

Soviet claims fund..
Program and Financing (in thousands of dollars)

Yugoslav claims fund.

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Identification code 15-10-9999-0-7-999

1964 actual

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1965 estimate

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1,200

1

5

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Program by activities:

1. Polish claims fund..
2. Losses in melting gold..
3. National defense conditional gift fund.
4. Payment of pre-1934 bonds of the

Government of the Philippines.-
5. Payment of unclaimed moneys.
6. Unclaimed moneys of individuals whose

whereabouts are known... 7. Esther Cattell Schmitt gift fund. 10 Total obligations...

Financing:
14 Receipts and reimbursements from: Non-

Federal sources:
Gain from premium or discount on

investments.

1

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24,674

24,794

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-86

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Identification code

1964 actual

1965 estimate

1966 estimate

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1,90

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-1,594 -1,594

19,350

164-65

Pro

expenses

1,800

Train

opera

16,000

17,000

Fina

1. Foreign claims settlement.— The Foreign Claims Settle

BUREAU OF CUSTOMS ment Commission is authorized to adjudicate claims of

BUREAU OF CUSTOMS TRUST FUNDS
American nationals against Bulgaria, Czechoslovakia,

Program and Financing (in thousands of dollars)
Hungary, Italy, Mexico, Panama, Poland, Rumania,
Soviet Union, and Yugoslavia. Upon certification by
the Commission, the Secretary of the Treasury is author-

15-15-9999-0-7-904
ized to make payments on awards.
2. Losses in melting gold.-Out of the receipts to be

Program by activities:.

1. Refunds, transfers, and expenses of covered into the Treasury under section 7 of the Gold

operation, Virgin Islands

1,664 1,800 Reserve Act of 1934, an amount is made available suffi- 2. Refunds, transfers, and expenses

of cient to cover the difference between the value of gold as

operation, Puerto Rico...

15,161

16,000 17,000 carried in the general account of the Treasurer of the

3. Refunds, transfers, and expenses, un-
claimed, abandoned, and seized goods- 596

450

450 United States and the value of such gold after melting and refining (48 Stat. 1061).

10 Total obligations.

17,421 18,250 19,350 3. National defense conditional gifts.- The Secretary of

Financing: the Treasury accepts on behalf of the United States, 21 Unobligated balance available, start of year. -1,769 conditional gifts of money or other intangible property 24 Unobligated balance available, end of year. 1,594 1,594 1,594 to be used for a particular defense purpose. Intangibles other than money, are converted at the best terms

60 New obligational authority (appropria

tion). available. The moneys held in trust are paid to those

17,247 18,250 appropriation accounts which best effectuate the intent of the donors (68 Stat. 566).

New obligational authority is distributed as 4. Payment of pre-1934 bonds of the Government of the

follows: Philippines. This trust account provides for payment of

Refunds, transfers, and
of opera-

1,900

1,650

tion, Virgin Islands... principal and interest on outstanding bonds of the Refunds, transfers, and expenses

of Philippines, provinces, cities, and municipalities issued tion, Puerto Rico...

15,161 prior to May 1, 1934, under authority of acts of Congress

Refunds, transfers, and expenses, un

450

claimed, abandoned, and seized goods... (22 U.S.C. 1393(g)(5)). The value of matured bonds payable by the Bank of the Philippines is $19 thousand as of June 30, 1964.

Relation of obligations to expenditures: 5. Payment of unclaimed moneys.---Payments are made 71 Total obligations (affecting expenditures)..

17,421 to individuals who establish their right to moneys held

72 Obligated balance, start of year..

126

-312

74 Obligated balance, end of year in trust pending claims of owners. 6. Unclaimed moneys of individuals whose whereabouts 90

17,236

Expenditures... are known.--Amounts are held in trust awaiting settlement of allowances of claims (31 U.S.C. 725). 7. Esther Cattell Schmitt gift fund.-Public Law 87-467

Expenditures are distributed as follows: (76 Stat. 88) authorized the acceptance of the gift made

Refunds, transfers, and expenses

of

operato the United States by the will of Esther Cattell Schmitt.

tion, Virgin Islands...

Refunds, transfers, and The income received from the gift to the United States is

expenses tion, Puerto Rico....

15,184 paid by the Secretary of the Treasury to beneficiaries

Refunds, transfers, and expenses, un

450 named in provisions of the will.

claimed, abandoned, and seized goods... Matured obligations of the District of Columbia.-Funds from inactive accounts are transferred to this account to meet matured obligations of the District of Columbia

Customs duties, taxes and fees collected in Puerto Rico when and if presented (31 U.S.C. 725s). As of June 30,

and the Virgin Islands, and all proceeds of the sale of 1964, there was a balance of $8 thousand in the fund. To promote the education of the blind.The $250 thousand

abandoned and seized merchandise, are deposited to this

account. After expenses have been provided for, avail uninvested credit, on the books of the Treasury, is an Rico, the treasury of the municipalities of the Virgin education of the blind in the United States. A permanent unexpendable endowment fund established to promote the Islands, and miscellaneous receipts, respectively (19 annual appropriation of $10 thousand being equivalent to 795, 1396, 1406(b)).

U.S.C. 528, 1491, 1493, 1559, 1613, 1624; 48 U.S.C. 740,

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