Scientific Agriculture, 



519 



[June, 1910. 



farm-yard manures and poonacs or to- 

 gether with the practice of green- 

 manuring. 



Enough has been said to show that 

 the question of the application of 

 suitable artificial manure to cultivated 

 land is by no means a simple one, and 

 moreover certain crops show a prefer- 

 ence or dislike for special manures. 

 Any cultivator who is wishful to use 

 artificial manures on his crops is able to 



obtain the advice gratis of the Depart- 

 ment of Agriculture either by communi- 

 cating with the Director or with the 

 Deputy Directors. Any samples of 

 manure, it forwarded by cultivators to 

 the Agricultural Chemist, will be ana- 

 lysed free of any charge and reported 

 upon. 



W. H. HARRISON, 

 Agricultural Chemist, Coimbatore. 



AGRICULTURAL FINANCE AND CO-OPERATION, 



THE AGRICULTURAL BANK ACT 

 OF THE PHILIPPINE GOVERN- 

 MENT, 1908. 



(First Philippine Legislature, Special 

 Session. A. B. No. 210.) 



No. 1865 — An Act creating a Govern- 

 ment Agricultural Bank ot the Philip- 

 pine Islands and appropriating for funds 

 thereof the sum of one million pesos.* 



By authority of the United States, 

 be it enacted by the Philippine Legis- 

 lature, that : 



Section 1. An agricultural banking 

 corporation, to be known as the "Agri- 

 cultural Bank of the Philippine Govern- 

 ment," is hereby created and established, 

 with its principal office and place of 

 business in the city of Manila. 



Sec. 2. The sum of one million pesos 

 is hereby appropriated out of any of 

 the general funds of the Insular Trea- 

 sury not otherwise appropriated, as and 

 for the capital of said bank. 



Sec. 3, The Agricultural Bauk of the 

 Philippine Government is hereby autho- 

 rized to receive deposits of funds of 

 provinces, municipalities, the Postal 

 Savings Bank, societies, corporations, 

 and private persons, and the Postal 

 Savings Bank, and provincial and muni- 

 cipal governments are hereby autho- 

 rized to make such deposits. Interest 

 to be paid by said bank on deposits 

 so made shall not exceed four per 

 centum per annum. 



Sec. 4. The affairs and business of 

 said bank shall be administered by a 

 board of directors, composed of the 

 Secretary of Finance and Justice, and 

 in his absence or in the case of his 

 disability the Acting Secretary of Fi- 

 nance and Justice, the Insular Treasurer, 

 and in his absence or in the case of 

 his disability the Acting Insular Trea - 



• Rs. 1,500,000. 



surer, and three citizens of the Philip- 

 pine Islands, or of the United States, 

 resident within the Philippine Islands, 

 who shall be appointed by the Gov- 

 ernor-General by and with the advice 

 and consent of the Philippine Commis- 

 sion. The Secretary of Finance and 

 Justice and in his absence or in case 

 of his disability the Acting Secretary 

 of Finance and Justice shall be ex-officio 

 president of the board of directors. 

 Three members of the board of directors 

 shall constitute a quorum at any meeting 

 thereof. 



Sec. 5. The Insular Treasurer and 

 in his absence or in case of his dis- 

 ability the Acting Insular Treasurer 

 shall be the manager of said bank, and 

 shall perform the duties of his office in 

 accordance with this Act and the by- 

 laws of said bauk duly adopted as 

 hereinafter provided. 



The official bond of the Insular Trea- 

 surer, and in his absence or in case of 

 his disability that of the Acting Insular 

 Treasurer snail be liable for the faithful 

 performance of the duties of such Insular 

 Treasurer or Acting Insular Treasurer 

 when acting as manager of said bank. 



Sec. 6. With the approval of the 

 Governor-General, the Insular Treasurer 

 is authorized to constitute provincial 

 and municipal treasurers agents of said 

 bank, and they shall render such services 

 in the operation of said bank as may be 

 required of them by the Insular Trea- 

 surer. When constituted agents of 

 said bank, provincial and municipal trea- 

 surers are charged with official responsi- 

 bility, and their bonds shall be liable for 

 the faithful performance of their duties 

 as such agents and for the safekeeping 

 and accounting for any money or pro- 

 perty of said bank confided to their 

 custody. 



The Governor-General may, on request 

 of the board of directors of said bank or 

 of the manager thereof, require any 



