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B-174174 1 (1971-09-24)

handle is hein.gao/gaobaacsx0001 and id is 1 raw text is: 
                     DIGEST o bQ C=aCULATIOQ                                8-/6

                     COMPTROLLER GENERAL OF THE UN!TED STATES               886
                                WASHINGTON. D.C. waU


                                            SEP 24 1971




         Dear Itr, ChaJiaas:
              Your letter of S0peber 21, 1971. reqw-ted that our
          Office look over ceesposda e that ymo have bad with the
          Qlaiwm  of tbe Yedema kseve Moars. %doh     omex= a
          thrift plan   ebih the so' h% had establise  fbo the
          *gav.s of the Federal Rosrio Systetm. Uder this pl
          oploses eOt3'ibsai    to a fend are matched by the Fedral
          Reserve. YOU ebareterize the  eoral Rserv's amtehi% as
          6ntrwitt~ai of the Federal Governawt and ask that by
          rridp September 24, you be avied as to vethe cntri-
          blatio to auch a fund vould be legal for aw'other ftenc
          of the United States GOvermnt.

              section 3678 of the-iRevised statutes or the Uniteod
         States, 31 1.S.C. W2&     ire& that wma app-rpiated to
         the various brambes of expeaditu:es in publi, service shall
         be aPPlied so0leY to the obJects for hich the are SMd and
         for no othars*. Thus, in the abeen  of  p.cifie ).egltjve
         autbarity., agencies of the Fledral overmat whos opera-
         toL.n ae financed with apprWiat d fuws vould not be lgallny
         authorized to make oontribationu to a fund of thi type.
              In the liaited tim available to = fbr review of the
         mtter we have not been able to make a ftU  reearch,, bhoevr,
         we an. not aare that such specifl authority has been pented
         to an Federal aG&RA oPMtg With &Ppriated funds.
         Also, we are not in a position at thi tim to state a an-.
         ClUsIM with mard to those frw Federal aganies Which
         operate with other than appriated funds.

                                      Ilncerely yaws,

                                        PAUL G. DEbURUNG
                                Acting Cemptr4Ller ggewaI
                                      of the United tates
         The Mnorable Wriht mmtean
         cairmas, Coamittee on Banking
           and Cutreaq
         Xouse of spreetatives
         V9
2

                           .,°.

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