What, then, should be done with these surplus reserves?

Since the 2003 fiscal year, they have generated $463 million in surplus reserves and excess earnings that were transferred to the state's general fund.

I therefore support Mr Ruffolo's request that the European Commission should look into how these surplus reserves might be best used.

We built in surplus reserves, and we should not ignore a mistake that generates twice as much in reserves as was planned."

I should like to see the surplus reserves released more quickly onto the market, because a more expensive euro can act as a much-needed additional motor for the international economy.

The division was composed largely of surplus reserves of the Royal Navy who were not required at sea, formed around a cadre of Royal Marines.

The Ohio district was a surplus reserve, in that military land grants were first made in an area southeast of the Ohio River, in what is now Kentucky.

A day or so before this period ends, or even on the last day, banks that find themselves short of reserves borrow the needed funds from banks with surplus reserves.

This is due to the fact that when there is a surplus in the system, and all banks can meet their reserve requirements, there would not be any demand for these surplus reserves.

My concluding remark is that I agree with the references to trans-European networks, but it is time to move on and say how we intend to finance them: from surplus reserves, issuing loans or in some other way.

The Democrats also supported the association's recommendation of a contingency account as a surplus reserve for emergencies, rather than budgeting in each year county government jobs that are not filled -doing this as a means of accumulating cash reserves.

Mr. Gore's approach "not only continues the path toward making America debt-free, but even includes a $300 billion surplus reserve to ensure we get there even if unexpected emergencies or contingencies occur," Mr. Sperling said.

A Royal Naval Division-later designated the 63rd (Royal Naval) Division-was formed in the First World War to make use of surplus reserves of the Royal Navy who were not required at sea.

Although Mr. Wadkins wrote in his letter that the acting treasurer "had stolen almost all of our operating funds and surplus reserves," he backed off somewhat in a subsequent interview, saying only, "We believe he has knowledge of the potential embezzlement."