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States.

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$8,500.00

Administrative head of the bureau.

6,200.00 Assists the Treasurer in the administration of his office and acts in absence of the Treas

urer.

5,000.00 Administrative head of division handling public debt, safe keeping, insular loan trans-
actions, and those relating to collection of tax on circulation of national banks.
5,000.00 Administrative head of division issuing and exchanging United States currency, cashing
Government checks and interest obligations, receiving deposits of Government funds.
5,000.00 Administrative head of division redeeming national bank and Federal Reserve currency.
5,000.00

5,000.00

Administrative head of division receiving from depositories daily reports of receipts and
payments of Government funds accompanied by the checks and certificates of deposits,
verifying same, charging them to accounts of disbursing officers, and rendering state-
ments of those accounts. Member of Budget and Improvement Committee.
Administrative head of division maintaining the accounts of the Treasurer as custodian
of the public funds.

FEDERAL FARM LOAN BUREAU

$10,000.00 10,000.00 10,000.00

The Federal Farm Loan Board, through the Federal Farm Loan Bureau, is charged with
the administration of the Federal Farm Loan Act and that portion of the Agricultural
Credits Act of Mar. 4, 1923, providing for the establishment and operation of the Federal
intermediate credit banks. It established the 12 Federal land banks, fixed their respec-
tive districts, and established the 12 Federal intermediate credit banks, supervises the
operation of these banks, and grants charters to national farm-loan associations and
joint-stock land banks, which are likewise subject to its supervision. It has power,
within the limits prescribed in the law, to fix, revise, and alter rates of interest charged
by Federal land and intermediate credit banks; to grant or refuse to Federal land banks
or joint-stock land banks authority to make any bond issue; to grant or refuse to Federal
intermediate credit banks authority to make any debenture issue; to issue rules and
regulations governing the operations of the system; and to exercise such incidental
powers as are necessary or requisite to fulfill its duties and carry out the purposes of
the Federal Farm Loan Act and the Agricultural Credits Act. An annual report to
Congress, covering its activities, is made by the Farm Loan Board.
Supervises and directs the technical and other activities of the Appraisal Division of the
Farm Loan Bureau having 17 technical and 8 nontechnical employees reviewing and
directing appraisals of lands throughout the United States and Puerto Rico, passing on
loans made by banks of the system as to eligibility as bond collateral. Supervision
also extends to land-bank appraisers paid by the banks.

Assistant to the Chief Appraisal Division, directs work of reviewing appraisers, passes on real-estate matters submitted by receiverships.

Reviews reports of engineer-appraisers on drainage, irrigation, flood control, and erosion problems in loaning territories; makes special investigations of such areas; contacts Government departments on matters pertaining to his special subjects.

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10,000.00

Williams, Albert C.

_do.

Madison, James B.

.do..

10,000.00
10,000.00

10,000.00
10,000.00

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List of officers and employees receiving compensation at the rate of $5,000 or more per annum-Continued

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7,500.00 Supervises and directs examinations of financial condition and verification public state-
ments 12 Federal land banks, 12 Federal intermediate credit banks, Puerto Rico branch
of Federal land bank and Federal intermediate credit bank, 47 joint-stock land banks,
5 joint-stock land banks in receivership, Fiscal agency and other miscellaneous offices
4,653 national farm-loan associations has supervision 61 technical employees and 16
nontechnical employees.

Assists the chief examiner in all of his duties and acts in his absence.
Supervises and directs the activities of the Federal Intermediate Credit Bank Division,
which supervises all activities of the Federal intermediate credit banks except in purely
legal matters; analyzes reports of examinations of these banks; reviews applications of
cooperative associations for loans, necessitating technical studies in connection with
particular commodities; conducts all correspondence in connection with above and in
answer to inquiries, criticisms, and complaints.
5,000.00 The secretary is charged with general administrative supervision over the preparation
and review of correspondence dealing with matters which receive the consideration of
the Board; the recording of the minutes of the Board; the handling of personnel matters;
the maintenance of personnel and property records; the purchasing of supplies and
equipment; the audit of all expenditures of the Bureau and the collection of data for,
and the preparation of statements relating to, appropriation needs. The secretary,
through his assistants, also exercises supervision over the stenographic and clerical
staff and messengers, disseminating information and the mailing of the Board's periodic
publications.
5,500.00 General supervision over operations of 12 registrars' offices and office of Custodian of
Securities. Immediate supervision and direction of work in connection with issuance
and redemption of farm loan bonds and Federal Intermediate credit bank debentures

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and of correspondence and records relating to cash and security transactions handled by the Board for all banks in the system, including those in receivership. 5,000.00 Acts as custodian of farm-loan bonds and Federal intermediate credit bank debentures; supervises matters in connection with printing, shipment, exchange, and cancelation for destruction of such securities, as well as related correspondence and records incident thereto. abe 5,000.00 Act as custodians of securities pledged as collateral for land bank bonds and intermediate credit bank debentures; supervise work of indorsing payments on thousands of notes in their custody; handle exchanges of registered and coupon bonds and, under proper authorization, the withdrawal and substitution of collateral and supervise the maintenance of necessary records in connection with all these transactions.

OFFICE OF THE CHIEF CLERK

$6,400.00

Chief Clerk and Superintendent of the Treasury Department. Also Member of Budget and Improvement Committee.

Birgfeld, Frank A.

Chief clerk.

$6,400.00

List of officers and employees receiving compensation at the rate of $5,000 or more per annum-Continued

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Acts as a member of the committee and assists generally in the technical duties of the chairman.

Acts as technical consultant to the chairman, special advisory committee; passes upon and is responsible for the work of a group of conferees,

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5,800.00 Is responsible for reviewing and passing upon the merits of taxpayers' contentions; arranges and conducts conferences. 5,800.00

Do. Do.

5,800.00 Acts as assistant member special advisory committee, and supervises a group of auditors
who determine the tax liability of consolidated and nonconsolidated corporations, etc.
5,800.00 Is responsible for reviewing and passing upon the merits of taxpayers' contentions; arranges
and conducts conferences.
5,800.00

5,600.00

Do.

5,600.00 Is responsible for reviewing and passing upon the merits of taxpayers' contentions; arranges and conducts conferences.

5,600.00

5,000.00

7,500.00

Do. Do.

Confers with taxpayers, or their representatives, on the most difficult and intricate income-tax cases.

Supervises and directs the activities of the Intelligence Unit which has the function of
investigating criminal violations of internal revenue laws, serious infractions of discipli-
nary rules; develops evidence for special tax cases, etc.

Assists the chief of the unit in the administration of the activities for which he is respon-
sible.

5,400.00 Subject to the approval of the Commissioner, is responsible for and performs all the work
necessary or incident to the conduct of the personnel affairs of the Bureau.
5,400.00 Is contact officer with the general public and press representative for the Bureau.
5,400.00 Is in responsible charge of the Administrative Division, and is the assistant budget officer
of the Bureau, being personally responsible for the preparation of the estimates of all
appropriation needs.
Acts as law officer and legal adviser to the Commissioner.

6,500.00

Acts as a general assistant and consultant to the General Counsel in the direction, supervision, and formulation of general policies and coordination of the work of the divisions of the office

Do.

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5,800.00

5,800.00

5,800.00

5,800.00

5, 600.00

5, 600.00

Do. Do.

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5,600.00

5,600.00

Do.

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5,600.00

5,600.00

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5,600.00

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