An Act to extend and increase the special milk program for children.
PL 87-67 (S.146), enacted 06/30/1961

L e g a l - t e n d e r 
noteS' 
75 S T A T . ] 
PUBLIC LAW 87-67-JUNE 30, 1961 
147 
(2) circulating notes of Federal Reserve banks, issued prior to 
July 1, 1929, for which the United States has assumed liability, 
and 
(3) circulating notes of national banking associations, issued 
prior to July 1, 1929, for which the United States has assumed 
liability, 
which, in his judgment, have been destroyed or irretrievably lost and 
so will never be presented for redemption, and to reduce accordingly 
the amount or amounts thereof outstanding on the books of the Treas-
ury and to credit such amounts to the appropriate receipt account. 
SEC. 7. The first paragraph of the Act of May 31, 1878, entitled 
"An Act to forbid the further retirement of United States legal- ""Re^duction 
tender notes" (31 U.S.C., sec. 404), is amended by inserting imme- 
20 stat. 87. 
diately before the period at the end thereof the following: ": And 
provided further^ That in the event of any determination by the Secre-
tary of the Treasury under section 6 of the Old Series Currency Ad-
justment Act that an amount of said notes has been destroyed or irre-
trievably lost and so will never be presented for redemption, the 
amount of said notes required to be kept in circulation shall be reduced 
by the amount so determined". 
SEO. 8. (a) The fifth paragraph of section 16 of the Federal Re- ActfaTenS^ientr" 
serve Act (12 U.S.C, sec. 415) is amended by adding at the end thereof 
38 stat. 251; 48 
the following new sentence: "The liability of a Federal Reserve bank 
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with respect to its outstanding Federal Reserve notes shall be reduced 
by any amount paid by such bank to the Secretary of the Treasury 
under section 4 of the Old Series Currency Adjustment Act." 
(b) The seventh paragraph of section 16 of the Federal Reserve Act 
(12 U.S.C, sec. 416) is amended by striking out the third sentence 
40 stat. 236. 
and inserting in lieu thereof the following: "Any Federal Reserve 
bank shall further be entitled to receive back the collateral deposited 
with the Federal Reserve agent for the security of any notes with 
respect to which such bank has made payment to the Secretary of 
the Treasury under section 4 of the Old Series Currency Adjustment 
Act. 
Federal Reserve banks shall not be required to maintain the 
reserve or the redemption fund heretofore provided for against Fed-
eral Reserve notes which have been retired, or as to which payment 
has been made to the Secretary of the Treasury under section 4 of 
the Old Series Currency Adjustment Act." 
SEC. 9. Nothing contained in this Act shall impair the redeemability 
Redeemabuity. 
of any currency of the United States as now provided by law. 
SEC. 10. In order to provide a historical collection of the paper 
Historical c o 1
-
currency issues of the United States, the Secretary of the Treasury is 
authorized, after redemption, to withhold from cancellation and 
destruction and to transfer to a special account one piece of each 
design, issue, or series of each denomination of each kind of paper 
currency of the United States, including bank notes, heretofore or 
hereafter issued, and to make appropriate entries in the redemption 
accounts and other books of the Treasui-y to cover any such transfers. 
Approved June 30, 1961. 
Public Law 87-67 
AN ACT 
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To extend and increase the special milk program for children. 
^^_JL_i4eO 
Be it endcted hy the Senate and House of Representatives 
of the 
United States of Ainerica in Congress a^sembled^ That the first sen- 
*^"'* program. 
tence of the Act entitled "An Act to continue the special milk program 
for children in the interest of improved nutrition by fostering the 
148 
PUBLIC LAW 87-68-JUNE 30, 1961 
[75 ST A T . 
consumption of fluid milk in the schools", approved July 1, 1958, as 
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* ^^^' ^^ amended (7 U.S.C., sec. 1446 note), is amended by inserting imme-
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diately after "$95,000,000," the following: "and for the fiscal year 
beginning July 1, 1961, not to exceed $105,000,000,". 
Approved June 30, 1961. 
June 30, 1961 
[H. R. 5760] 
Public Law 87-68 
AN ACT 
To revise the boundaries of the Scotts Blufif National Monument, Nebraska, and 
for other purposes. 
Scotts Bluff Na-
tional Monu m e n t, 
Nebr. 
P ub l i e ation in 
F.R. 
Land a c qu i s i-
tion. 
Authority. 
Appropriation. 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That in order to 
preserve the scenic and historic integrity of Scotts Bluff and adjacent 
features, the Secretary of the Interior may revise the boundaries of 
the Scotts Bluff National Monument so as to exclude from it certain 
private and Federal lands and substitute other private lands more 
essential to the purposes of the monument: Provided^ That the revised 
boundaries shall encompass an area which is about three hundred and 
fifty acres less than the acreage of the monument as of the date of 
this Act. 
Notice of the designation of the revised boundaries pur-
suant to this section shall be given by publication in the Federal 
Register. 
SEC. 2. The Secretary, in furtherance of the purposes of this Act, 
may procure, in such manner as he may deem to be in the public 
interest, lands and interests in lands within the revised boundaries 
designated pursuant to section 1 of this Act. 
To avoid the undesir-
able severance of parcels in private ownership which extend beyond 
the revised boundaries, the Secretary may, in his discretion and with 
the consent of the owners, acquire lands or interests in lands that are 
in private ownership but which lie outside the revised boundary. 
Property so acquired outside the revised boundary and federally 
owned lands excluded from the monument pursuant to section 1 of this 
Act may be exchanged by the Secretary of the Interior for any land 
of approximately equal value within the revised boundaries. 
Nothing 
in this section shall be construed as repealing or limiting the existing 
jurisdiction, power, or authority of the Secretary prescribed by the 
public land laws. 
SEC. 3. There are authorized to be appropriated such sums, but not 
more than $15,000, as may be necessary for the acquisition of lands 
newly included within the boundaries of the monument as revised 
pursuant to this Act, 
Approved June 30, 1961. 
June 30, 1961 
[H. R. 76771 
Public Law 87-69 
AN ACT 
To increase for a one-year period the public debt limit set forth in section 21 
of the Second Liberty Bond Act. 
Be it enacted hy the Senate and Hoitse of Representatives 
of the 
Public debt, tem- ijYiited Statcs of America in Congress assembled^ That, during the 
porary i n c r e a s e . 
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74 Stat. 290. 
period beginning on July 1, 1961, and ending on June 30, 1962, the 
public debt limit set forth in the first sentence of section 21 of the 
Second Liberty Bond Act, as amended (31 U.S.C. 767b), shall be 
temporarily increased by $13,000,000,000. 
% 
Approved June 30, 1961.