one-eighth per centum for telegraphic transfers, rendering accounts therefor to the Insular Treasurer and Insular Auditor. But the premium charge for drafts and  telegraphic transfers in this paragraph mentioned may be temporarily increased or decreased by order issued by the Secretary of Finance and Justice should the conditions at any time existing, in his judgment, require such action. TaDAIS ( b ) To exchange at par, on the approval of the Secretary of Finance and Justice, United States Treasury notes, national-bank notes, United States notes, and United States gold and silver certificates for Philippine currency, and Philippine currency for Uni ted States Treasury notes, national-bank notes, United States notes, and United States gold and silver certificates. ( c ) To exchange, on the approval of the Secretary of Finance and Justice, for Philippine currency, United States gold coin or gold bars in sums of not less than ten thousand pesos or five thousand dollars, charging for the same a premium sufficient to cover t he expenses at commercial rates of transporting United States gold coin from New York to Manila. The Secretary of Finance and Justice shall determine the amount of the premium required by this subsection. ( d ) To withdraw from circulation until paid out in response to demands made upon it by the sale of exchange as provided in paragraph ( a ) of this section, or by the presenting of United States Treasury notes, national-bank notes, United States notes, United S tates gold and silver certificates, and United States gold coin or gold bars at the Treasury, Philippine currency exchanged and deposited in the Treasury in the manner provided in paragraphs ( a ) and ( b ) of this section. TaDAIS ( e ) To withdraw from circulation United States Treasury notes, national-bank notes, United States notes, United States gold and silver certificates, and United States gold coin and gold bars received in the Philippine Islands by the Insular Treasurer in ex change for Philippine currency, under paragraph ( b ) of this section, until called out in response to the presentation of Philippine currency as above provided, or until an insufficiency of Philippine currency shall make necessary an increased coinage, in w hich case the funds so withdrawn may be used under proper legislation for the purpose of providing such coinage. The coin so obtained shall become part of the gold-standard fund. Copyright 2012 CD Technologies Asia, Inc. and Accesslaw, Inc. Philippine Law Encyclopedia 2011 530