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 31
... possible under the future Secretary of the Treasury who might have other opinions than the present one that action could be taken curtailing the functions or reducing the authority of the Comptroller of the Currency if this ...
... possible under the future Secretary of the Treasury who might have other opinions than the present one that action could be taken curtailing the functions or reducing the authority of the Comptroller of the Currency if this ...
Page 35
... system , destroying the effectiveness of our dual banking system and making possible the complete abolition of the Comptroller's office . Under plan No. 1 , the Secretary of the Treasury REORGANIZATION PLAN NO . 1 OF 1950 35.
... system , destroying the effectiveness of our dual banking system and making possible the complete abolition of the Comptroller's office . Under plan No. 1 , the Secretary of the Treasury REORGANIZATION PLAN NO . 1 OF 1950 35.
Page 49
... possible for anyone to know now the administrative intent or the wishes or desires of some future Secretary of the Treasury . Should some future Treasury Secretary elect to exercise all of the powers conferred upon him by this plan ...
... possible for anyone to know now the administrative intent or the wishes or desires of some future Secretary of the Treasury . Should some future Treasury Secretary elect to exercise all of the powers conferred upon him by this plan ...
Page 54
... possible in the public interest to do so . Under Reorganization Plan No. 1 , no saving of public funds could be effected with respect to the Office of the Comptroller of the Currency . This office is main- tained and its expenses are ...
... possible in the public interest to do so . Under Reorganization Plan No. 1 , no saving of public funds could be effected with respect to the Office of the Comptroller of the Currency . This office is main- tained and its expenses are ...
Page 55
... possible from political considerations . The Comptroller's office has quasi- independent status , and although he administers the functions of his office under the general direction of the Secretary of the Treas- ury , he is accountable ...
... possible from political considerations . The Comptroller's office has quasi- independent status , and although he administers the functions of his office under the general direction of the Secretary of the Treas- ury , he is accountable ...
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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.