Inquiry Into the Policies, Procedure and Program Involving Granting of Certificates of Necessity and Defense Loans: Hearings Before a Subcommittee of the Committee on Expenditures in the Executive Departments, House of Representatives, Eighty-second Congress, First Session, March 19, 20, April 5, 9, 20, and 23, 1951 |
Common terms and phrases
Aircraft amount applicant's approved Assel mills basis believe BENDER BERGSON BOLLING BULGER capital CASEY certificate of necessity Chairman Commerce committee corporation correct cost CRAVEN CREEDON DAVLIN December 9 Defense Mobilization Defense Production Act Defense Production Administration delegate agency Dowd Dun & Bradstreet engineer equipment estimated expansion filed financing fiscal agent FLEISCHMANN funds GIBSON Government granted HARDY HARPER HARRISON Hazleton Steel Howse Industry Operations Bureau ingots Iron and Steel January LANTAFF LEYDA loan application Lone Star Steel Manufacturing McCoy MEADER meeting memorandum ment national defense National Production Authority necessity certificate NSRB Ohio particular percent percentage Perkins pig iron pipe plant proposed facility question recommendation record requirements RIEHLMAN scrap shortage statement Steel & Tubing Steel Corp Steel Division tax amortization testimony thing tion tons Vulcan Iron WILLIAMS WOODSIDE
Popular passages
Page 383 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations to be issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of such notes and obligations.
Page 78 - ... to expedite production and deliveries or services under Government contracts for the procurement of materials or the performance of services for the national defense...
Page 383 - Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the issuance of the obligation of the Bank.
Page 384 - In determining, for the purposes of subsection (a) or subsection (g), the adjusted basis of an emergency facility — "(1) There shall be included only so much of the amount of the adjusted basis of...
Page 370 - ... as is properly attributable to such construction, reconstruction, erection, installation, or acquisition after December 31, 1949, as the certifying authority, designated by the President by Executive Order, has certified as necessary in the interest of national defense during the emergency period, and only such portion of such amount as such authority has certified as attributable to defense purposes.
Page 383 - Each such obligation shall bear interest at a rate determined by the Secretary of the Treasury, taking into consideration the current average rate...
Page 384 - The 60-month period shall begin as to any emergency facility, at the election of the taxpayer, with the month following the month in which the facility was completed or acquired, or with the succeeding taxable year.
Page 383 - When in his judgment it will aid the national defense, the President is authorized to install additional equipment, facilities, processes, or improvements to plants, factories, and other industrial facilities owned by the United States Government, and to install Government owned equipment in plants, factories, and other industrial facilities owned by private persons.
Page 183 - Delegate agencies or officers of the Government to which an application is referred, shall be responsible for making a report and recommendation for specific action to the Certifying Authority regarding each application. Such report...
Page 384 - ... acquired, or with the taxable year succeeding the taxable year in which such...