HEARINGS BEFORE THE PUBLIC ACCOUNTS SUBCOMMITTEE 1.5. von yess, House. OF THE COMMITTEE ON EXPENDITURES IN EIGHTY-FIRST CONGRESS SECOND SESSION ON CARD DIVISION H. R. 2830, H. R. 2871, H. R. 4084, BILLS TO PROVIDE FOR THE PAYMENT BY THE UNITED MARCH 2, 7, 9, MAY 2, AND 4, 1950 Printed for the use of the Committee on Expenditures 60741 67734 UNITED STATES WASHINGTON: 1950 HBP 14 CONTENTS 106, 147 Bennem, William H., vice president, American Surety Co. of New Bishop, Floyd, on behalf of National League of District Postmasters, Ellis, William L., Chief, Office of Investigations, General Accounting Franklin, N. Mathew, actuary, the Surety Association of America, Hallbeck, E. C., legislative representative, National Federation of Horton, J. V., National Association of Postal Supervisors. Johnson, Edward T., Accounting Systems Division, General Account- Leahey, John J., Director, Division of Post_Office_Personnel, and Peter J. Connolly, Assistant Solicitor, Post Office Department---- Lewis, Martin W., general manager, the Surety Association of America, McCart, John A., legislative representative, American Federation of Smith, J. C., secretary in charge of surety department, Travelers' Snow, Ralph D., Assistant Director, Office of Accounting Policy, Office of the Assistant Secretary of Defense. Steward, Luther C., president, National Federation of Federal Letters, statements, etc., submitted for the record by— Bennem, William H., vice president, American Surety Co. of New Warfield, Guy, representing the National Association of Insurance 145 Association of Casualty and Surety Companies suggested plan for bonding Federal officials and employees. Exhibit A-Post office employees blanket position bond.. Exhibit B-Post office employees position schedule bond. Exhibit D-Postal inspectors blanket position bond. Exhibit E-Postmaster General's blanket position bond. Exhibit F-Government employees position schedule bond.. Exhibit G-Internal revenue employees blanket position bond. Letters, statements, etc., submitted for the record by—Continued Bennem, William H., vice president, American Surety Co. of New Exhibit 1. Federal rate schedule-official bonds, general rates Exhibit 2. Rating plan-Federal official and post office employee Exhibit 3. Rating plan-Federal official and postal transportation service employees blanket position bonds__ Exhibit 4. Rating plan-Federal official and postal inspectors Exhibit 5. Rating plan-Federal official and Postmaster Gen- Report-Federal Bonding Program, from J. Dewey Dorsett, Horton, J. V., National Association of Postal Supervisors: Suggested initial assesments on each class of employee.. Johnson, E. T., Chief, Office of Investigations, General Accounting Johnson, Louis, Secretary of Defense, letter to Hon. Frank M. Karsten, Karsten, Hon. Frank M., a Representative in Congress from the State of Missouri and chairman of the Public Accounts Subcommittee, Recommendation No. 12 of the Hoover Commission Report- Lewis, Martin W., general manager, the Surety Association of America, Federal official experience, 1923-47, codes 151-156; all companies, 49 Rich, Hon. Robert F., a Representative in Congress from the State of Pennsylvania, excerpt of letter from Office of the Comptroller of Riley, George D., member, Legislative Committee, American Federa- Smith, J. C., chairman, subcommittee, surety advisory committee, Smith, J. C., secretary in charge of surety department, Travelers' Snow, Ralph D., Assistant Director, Office of Accounting Policy, Tauriello, Hon. Anthony F., a Representative in Congress from the State of New York, Lodge urges GOP legislation without socialism__ 170 105 BONDING OF FEDERAL EMPLOYEES THURSDAY, MARCH 2, 1950 HOUSE OF REPRESENTATIVES, OF THE COMMITTEE ON EXPENDITURES Washington, D. C. The subcommittee met at 10 a. m., pursuant to call, in room 1501, New House Office Building, Hon. Frank M. Karsten (chairman of the subcommittee), presiding. Mr. KARSTEN. The subcommittee will please come to order. Gentlemen, we have met this morning for the considering of the matter of bonding Federal employees. (The bills are as follows:) H. R. 2830, 81st Cong., 1st sess.] A BILL To provide for the payment by the United States of premiums on bonds of Government officers or employees Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That, notwithstanding the provisions of the Act of August 5, 1909 (36 Stat. 125; U. S. C. 14), and section 3709 of the Revised Statutes (41 U. S. C. 5), the head of each department or agency of the Government shall pay from appropriations for the administrative expense of such department or agency the premiums on any bond or bonds of personnel of such department or agency as are required to be bonded by law or otherwise, under such rules and regulations as the head of each department or agency may, with the concurrence of the Secretary of the Treasury, prescribe: Provided, That the provisions contained in the last sentence of section 1 of the Act of August 13, 1894 (28 Stat. 279; 6 U. S. C. 6), shall not be applicable to bonds, the premiums of which are paid pursuant to this Act. SEC. 2. This Act shall take effect on July 1, 1949. [H. R. 2871, 81st Cong., 1st sess.] A BILL To provide for the payment by the United States of premiums on bonds of Government officers or employees Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That, notwithstanding the provisions of the Act of August 5, 1909 (36 Stat. 125; U. S. C. 14), and section 3709 of the Revised Statutes (41 U. S. C. 5), the head of each department or agency of the Government shall pay from appropriations for the administrative expense of such department or agency the premiums on any bond or bonds of personnel of such department or agency as are required to be bonded by law or otherwise, under such rules and regulations as the head of each department or agency may, with the concurrence of the Secretary of the Treasury, prescribe: Provided, That the provisions contained in the last sentence of section 1 of the Act of August 13, 1894 (28 Stat. 279; 6 U. S. C. 6), shall not be applicable to bonds, the premiums of which are paid pursuant to this Act. SEC. 2. This Act shall take effect on July 1, 1949. |