OPINION AND ORDER
WOOD, District Judge.
Before us are motions of both the plaintiff and the defendant for summary judgment. Both have stipulated to the relevant facts, which are as follows: From September 10, 1963, until March 19, 1964, one Esther D. Graham was an employee of the United States Naval Air Development Center at Johnsville, Pennsylvania. During this time she submitted to the Dispersing Officer of the Center numerous false travel vouchers made out in the names of true persons employed by the Government at the Center. In due course, United States Treasury checks were forwarded to Mrs. Graham naming as payees the persons in whose name Mrs. Graham had submitted the Travel Vouchers. Instead of forwarding these checks to the named payees, Mrs. Graham forged an endorsement in the name of the payees, cashed them and converted the proceeds to her own use. In due course checks were received by the defendant, Philadelphia National Bank and were presented to the Government for payment. These checks, which had been endorsed by the bank, totaled $3,831.66. When the Government discovered the fraud, it demanded a refund from the bank, which refused payment. Thereafter the Government recovered $2,601.03 from Mrs. Graham, so that their present demand from the bank is $1,230.63.
It is clear and acknowledged by both parties that under the Uniform Commercial Code in its present form
this is a "padded payroll case" and the loss, if the plaintiff were not the Government, would fall on the employer whose agent presented the padded payroll. UCC § 3-405(1)(c) However, the Supreme Court held in Clearfield Trust Co. v. United States, 318 U.S. 363, 63 S. Ct. 573, 87 L. Ed. 838 (1943) that pursuant to the federal currency powers, legal questions involved in controversies over federal commercial paper are to be resolved by the application of federal common law rather than state law, and that in the absence of an applicable Act of Congress, federal courts must fashion the governing rules themselves. Subsequent decisions of the Supreme Court in National Metropolitan Bank v. United States, 323 U.S. 454, 65 S. Ct. 354, 89 L. Ed. 383 (1945) and the District of Columbia Circuit in Washington Loan and Trust Company v. United States, 77 U.S.App.D.C. 284, 134 F.2d 59 (1943) have held in situations very close to the instant one that the loss must fall on the bank rather than the Government. The Court in National Metropolitan Bank explicitly stated at 323 U.S. at 459, 65 S. Ct. at 356:
"We do hold that negligence of a drawer-drawee in failing to discover fraud prior to a guaranty of the genuineness of prior endorsements does not absolve the guarantor from liability in cases where the prior endorsements have been forged."
The defendant contends, however, that since the Uniform Commercial Code has been revised to include the padded payroll cases, and since nearly all the states have adopted the Code, we should in the interests of uniformity adopt that rule for federal paper as well.
Although in viewing the case before us as a matter of first impression we might possibly have reached a different conclusion, we agree with the court's conclusion in the very similar case of United States v. Bank of America National Trust and Savings Association, 288 F. Supp. 343 (N.D.Calif.1968) that:
"* * * this Court is also mindful of its role as an inferior court and of the possible conflicts which would be created among the various Circuits if it accepted defendant's argument, which would have a profound effect on the uniformity desired in this particular area. While there may be some doubt as to the actual reasons for the Supreme Court's rejection of defendant's basic theories in the Clearfield and Metropolitan Bank cases, only today's Supreme Court can give us the answer and at the same time preserve the uniformity which has existed since Clearfield." 288 F. Supp. at 348.