Section 6
SEC. 6. In case the amounts appropriated in section five hereof are not sufficient to carry cut die provisions of this Act, the President is authorized to tissue in the name, and on behalf of the Government of the Philippines, bonds to be known as "Social Security Bonds" in an amount not exceeding twenty million pesos payable in fifty years. The President shall determine the form of the bonds, the date of issue thereof, and the rates and dates of payment of the interest thereon, which rate shall not be in:excess of five per centum per annum. The bonds shall be registered in the Treasury of the Philippines,where the principal and interest shall be payable in Philippine currency or its equivalent in the United States currency at the time of the payment, in the discretion of the Secretary of Finance. The President of the Philippines is further authorized to sell said bonds in the Philippines, only at a public auction through the Treasurer of the Philippines upon such terms and conditions as in his judgment are most favorable to the Government of the Philippines, and he shall deposit .the proceeds of the sale thereof with-the Treasurer of the Philippines, and use the same for the payment of lands acquired under this Act, and for the carrying out of the purposes of the said Act.