2. All existing private joint-stock banks and banking offices are merged in the State Bank.
3. The assets and liabilities of the liquidated establishments are taken over by the State Bank.
4. The order of the merger of private banks in the State Bank is to be determined by a special decree.
5. The temporary administration of the affairs of the private banks is entrusted to the board of the State Bank.
6. The interests of the small depositors will be safeguarded.
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On the Equality of Rank of All Military Men
In realisation of the will of the revolutionary people regarding the prompt and decisive abolition of all remnants of former inequality in the Army, the Council of People’s Commissars decrees:
1. All ranks and grades in the Army, beginning with the rank of Corporal and ending with the rank of General, are abolished. The Army of the Russian Republic consists now of free and equal citizens, bearing the honourable title of Soldiers of the Revolutionary Army.
2. All privileges connected with the former ranks and grades, also all outward marks of distinction, are abolished.