For the purpose of studying and reporting upon the advisability of adjusting the present rate charged by the Manila Railroad Company for the carriage of mail over its lines, there is hereby created and constituted a Committee which shall meet at such places and times as may be designated by the Chairman and shall be composed of the following members:

(1) Mr. Lope O. Tayao, representing the Budget Commission, Chairman;
(2) Mr. Jesus Alvarez, representing the Bureau of Posts, Member; and
(3) Mr. L. M. Lazaga, representing the Manila Railroad Company, Member.

This Committee is hereby empowered to call on any official, office, branch or dependency of the Government for such data and assistance as may be required. It shall submit its findings and recommendations to the President at the earliest practicable date.

Done at the City of Manila, this 24th day of June, in the year of Our Lord, nineteen hundred and thirty-eight, and of the Commonwealth of the Philippines, the third.