Securities payable in foreign moneys.Sec. 3. That notwithstanding the provisions of the Second Liberty Bond Act, as amended by the Third Liberty Bond Act, or of the War Finance Corporation Act,Ante, pp. 505, 510. bonds and certificates of indebtedness of the United States payable in any foreign money or foreign moneys,Post. p. 1311. and bonds of the War Finance Corporation payable in any foreign money Exempted from taxation when held by nonresident aliens, etc. or foreign moneys exclusively or in the alternative, shall, if and to the extent expressed in such bonds at the time of their issue, with the approval of the Secretary of the Treasury, while beneficially owned by a nonresident alien individual, or by a foreign corporation, partnership, or association, not engaged in business in the United States, be exempt both as to principal and interest from any and all taxation now or hereafter by the United States, any State, or any of the possessions of the United States, or by any local taxing authority
Depository banks, etc.Sec. 4. That any incorporated bank or trust company designated as a depositary by the Secretary of the Treasury under the authorityAnte, p. 504. conferred by section eight of the Second Liberty Bond Act, as amended by the Third Liberty Bond Act, which gives security for such deposits as,May act as fiscal agents to sell and deliver securities. and to amounts, by him prescribed, may, upon and subject to such terms and conditions as the Secretary of the Treasury may prescribe, act as a fiscal agent of the United States in connection with the operations of selling and delivering any bonds, certificates of indebtedness or war savings certiiicates of the United States.
Title of this Act.Sec. 5. That the short title of this Act shall be "Fourth Liberty Bond Act."
Approved, July 9, 1918.
July 9, 1918.[H.R. 12281.] [Public, No 193.]
Chap. 143.—An Act making appropriations for the support of the Army for the fiscal year ending June thirtieth, nineteen hundred and nineteen.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Army appropriations.following sums be, and they are hereby, appropriated, out of any money in the Treasury not otherwise appropriated, for the supportPost, p. 1026. of the Army for the year ending June thirtieth, nineteen hundred and nineteen:
Contengencies. Post, p. 1026.CONTINGENCIES OF THE ARMY: For all contingent expenses of the Army not otherwise provided for and embracing all branches of the military service including the office of the Chief of Staff;Emergencies. for all emergencies and extraordinary expenses, including the employment of translators and exclusive 0 all other personal services in the War Department, or any of its subordinate bureaus or offices at Washington, District of Columbia, or in the Army at large, but impossible to be anticipated or classified to be expended on the approval and authority of the Secretary of War, and for such purposes as he may deem roper, including the payment of aPer diem subsistence. per diem allowance not to exceed $4, in lieu of subsistence, to employees of the War Department traveling on official business outside of the District of Columbia and away from their designated posts, $250,000.
Office, Chief of Staff.
OFFICE OF THE CHIEF OF STAFF.
Army War College.ARMY WAR COLLEGE: For expenses of the Army War College, being for the purchase of the necessary stationery; typewriters and exchange of same; office, toilet, and desk furniture; textbooks, books of reference; scientific and professional papers and periodicals; printing and binding; maps ; police utensils; employment of temporary, technical, or special services; and for all other absolutely necessary expenses, including $25 per month additional to regular compensation to chief clerk of division for superintendence of the War College Building, $9,000.
