provision for refunding the 2 per centum bonds or consols into 3 per
centum bonds and the American Reserve Bank Fund shall amount to the
sum of five hundred million dollars, the United States Treasury shall
transfer to and keep with the American Reserve Bank a sufficient
balance--upward of fifty million dollars--to meet all of its checks and
drafts; and thereupon the American Reserve Bank shall become the fiscal
agent of the United States Government for all purposes, except for the
collection and current daily deposits of its revenues, which shall not
be deposited thereafter in the United States Treasury or Sub-treasuries.