Page:United States Statutes at Large Volume 82.djvu/92

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PUBLIC LAW 90-000—MMMM. DD, 1968

50 63 Stat. 3 9 3.

70A Stat. 12{ 76 Stat. 528.

PUBLIC LAW 90-269-MAR. 18, 1968

[82 STAT.

SEC. 4. Section 302 of the Act of June 30, 194» (41 U.S.C. 252), is amended by adding thereto the following subsection: " (f) No contract for the carriage of Government property in other than Government-owned cargo containers shall require carriage of such property in cargo containers of any stated length, height, or width." SEC. 5. Section 2304 of title 10 of the United States Code is amended by adding thereto the following subsection: " (h) Except in a case where the Secretary of Defense determines that military requirements necessitate specification of container sizes, no contract for the carriage of Government property in other than Government-owned cargo containers shall require carriage of such property in cargo containers of any stated length, height, or width." Approved March 16, 1968.

Public Law 90-269 March 18, 1968 [H.R. 14743]

Gold reserve requirements. Elimination. 59 Stat. 237.

38 Stat. 265.

40 Stat. 236.

Repeal.

Repeal. Repeal.

Repeal. 48 Stat. 340. 48 Stat. 340.

Repeals.

AN ACT To eliminate the reserve requirements for Federal Reserve notes: and for United States notes and Treasury notes of 1890.

Be it enacted by the Senate and House of Representatives of the United States of Ame'Hca in Congress assembled, SECTION 1. Subsection (c) of section 11 of the Federal Reserve Act (12 U.S.C. 248(c)) is amended by striking both provisos, and by striking the last sentence, in such subsection. SEC. 2. The first sentence of section 15 of the Federal Reserve Kct (12 U.S.C. 391) is amended by striking "and the funds provided in this Act for the redemption of Federal Reserve notes". SEC. 3. That part of the third paragraph of section 16 of the Federal Reserve Act (12 U.S.C. 413) which precedes the last two sentences of such paragraph is amended to read: "Federal Reserve notes shall bear upon their faces a distinctive letter and serial number which shall be assigned by the Board of Governors of the Federal Reserve System to each Federal Reserve bank." SEC. 4. (a) The first sentence of the fourth paragraph of section 16 of the Federal Reserve Act (12 U.S.C. 414) is repealed. (b) The sentence which, prior to the repeal made by this section, was the second sentence of such paragraph is amended by inserting immediately after "The Board" the following: "of Governors of the Federal Reserve System". SEC. 5. The sixth paragraph of section 16 of the Federal Reserve Act (12 U.S.C. 415) is repealed. SEC. 6. The fourth sentence of the paragraph which, prior to the aihendments made by this Act, was the seventh paragraph of section 16 of the Federal Reserve Act (12 U.S.C. 416) is repealed. SEC. 7. The paragraph which, prior to the amendments made by this Act, was the eighteenth paragraph of section 16 of the Federal Reserve Act (12 U.S.C.467) is repealed. SEC. 8. Section 6 of the Gold Reserve Act of 1934 (31 U.S.C. 408a) is amended by striking in the second proviso the phrases "the reserve for United States notes and for Treasury notes of 1890, and" and ", and the reserve for Federal Reserve notes shall be maintained in gold certificates, or in credits payable in gold certificates maintained with the Treasurer of the United States under section 16 of the Federal Reserve Act, as heretofore and by this Act amended". SEC. 9. There are hereby repealed the sentence? of subsection (a) of section 43 of the Act of May 12, 1933 (48 Stat. 31, 52; 31 U.S.C. 821(a)), which read: "No suspension of reserve requirements of the