During the seven years that Mr. Ridgely was Comptroller there were ten Acts passed by Congress amendatory of the national banking laws, as follows:

The Act of April 12, 1902, authorizing a further extension of the charters of national banks for a period of twenty years from the date of expiration of the first period of extension.

When this Act was passed there was some question as to whether the Act of July 12, 1882, authorized a second extension of charter, and the Act of April 12, 1902, was regarded as necessary to remove any doubt on this subject.

The Act of April 28, 1902, requiring the Comptroller of the Currency to annually furnish to the Secretary of the Interior, for publication in the Official Register, a list of all employees of the Currency Bureau, including the names of national bank examiners and their clerks, receivers of insolvent banks and their attorneys and clerks, and all other persons connected with the Comptroller's office in Washington or elsewhere, whose salary or compensation is paid from the Treasury of the United States, or from the funds of failed associations.

The Act of March 3, 1903, providing for additional reserve cities, by extending the privilege to banks in cities with a population of twenty-five thousand people, instead of cities with a population of fifty thousand, as provided by the Act of March 3, 1887.

The Act of February 28, 1905, providing that directors of banks with a capital stock of twenty-five thousand dollars, need own only five shares of the stock of the association to become eligible as directors, instead of ten shares, as provided by the Act of June 3, 1864.

The Act of December 21, 1905, providing that the Panama Canal bonds should have all the rights and privileges accorded to other two per cent. bonds of the United States in regard to the tax on circulation secured thereby.

The Act of June 22, 1906, increasing the limit of loans that the banks may make to an amount equal to ten per centum of the capital and surplus of the association, not exceeding, however, thirty per centum of the capital in any case.

The Act of January 26, 1907, prohibiting any national bank officer under penalty of a fine of not exceeding one thousand dollars, and not less than two hundred and fifty dollars, or by imprisonment for a term of not more than one year, or both such fine and imprisonment, from making any money contribution in connection with any election at which presidential and vice-presidential electors, or a Representative in Congress, is to be voted for, or any election by any State Legislature of a United States Senator.

The Act of March 4, 1907, simply authorized three thousand additional copies of the annual report of the Comptroller to be printed, thereby increasing the number from ten thousand, as fixed by the Act of January 12, 1905, to thirteen thousand copies.

The Act of March 4, 1907, amended the Acts of June 3, 1864, and March 3, 1901, by requiring the Secretary of the Treasury, on or before January 1 of each year, to publish a list of the securities required during that year for public deposits, and required such deposits to be distributed equitably between the different States and sections.