...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...

...such purpose. (b) It shall be the duty of the Secretary of the Treasury to invest such portion of the Fund as is not, in his judgment, required to meet current withdrawals. Such investment may be made only in interest bearing obligations of the United States or in obligations...

...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 investment may be made only in interest-bearing obligations of the United States or in obligations...

...such purpose. (b) It shall be the duty of the Secretary of the Treasury to invest such portion of the Fund as is not, in his judgment, required to meet current withdrawals. Such investment may be made only In interest bearing obligations of the United States or in obligations...

...such purpose. (b) It shall be the duty of the Secretary of the Treasury to invest such portion of the Fund as is not, In his Judgment, required to meet current withdrawals. Such investment may be made only In Interest bearing obligations of the United States or in obligations...

...language: It shall ln> the duty of the Secretary of the Treasury to invest such portion of the amounts as is not in his judgment, required to meet current...interest-bearing obligations of the United States or iu obligations guaranteed as to both principal and interest by the United States. For such purposes...

...Secretary of the Treasury to invest such portion of the amounts credited to the old-age reserve account as is not, in his judgment, required to meet current...Such investments may be made only in interest-bearing olbigations of the United States or in obligations guaranteed as to both principal and interest by...

...such purpose. (b) It shall lie the duty of the Secretary of the Treasury to invest such portion of the Fund as Is not. In his judgment, required to meet current withdrawals. Such Investment may In- made only In Interest bearing obligation* of the United States or In obligations...

...for a state unemployment fund and to invest in obligations of the United States such portion of the Fund as is not in his judgment required to meet current withdrawals. The contention was that Alabama in consenting to that deposit had "renounced the plenitude of power...

...for a state unemployment fund and to invest in obligations of the United States such portion of the Fund as is not in his judgment required to meet current withdrawals. The contention was that Alabama in consenting to that deposit had "renounced the plenitude of power...