Government Corporations Appropriation Bill for 1949: Hearings Before the Subcommittee ... Eightieth Congress, Second Session, on the Government Corporations Appropriation Bill for 1949 |
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Accounting Office activities Actual additional administrative expenses agencies Agricultural Credit Corporation amount appropriation ARNOLD assets authority bill bonds borrow budget cancellation capital stock CARNES cash Chairman CLAPP CLEVENGER committee Congress CONSIDINE contracts cooperative cost COUDERT CRAWFORD Defense Homes Corporation depreciation disbursed Division DUGGAN equipment estimated expenditures facilities Farm Credit Administration Farm Mortgage Corporation farmers Federal Farm Mortgage Federal land banks fiscal year 1949 funds going GOODLOE Government corporations income increase industrial Institute interest intermediate credit banks investment ISLEIB June 30 lending liabilities liquidation loss MAHON materials MEHAFFEY ment operations outstanding paid Panama Railroad Company payments percent personnel PLOESER present production credit associations production credit corporations purchase receipts Reconstruction Finance Corporation reduction reimbursable reserves statement steam plant supervision supply Tennessee Valley Authority tion Total transferred U. S. Treasury United WHITTEN
Popular passages
Page 59 - Each such obligation shall bear interest at a rate determined by the Secretary of the 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 469 - The board is hereby directed in the operation of any dam or reservoir in its possession and control to regulate the stream flow primarily for the purposes of promoting navigation and controlling floods. So far as may be consistent with such purposes, the board is authorized to provide and operate facilities for the generation of electric energy at any such dam for the use of the Corporation and for the use of the United States or any agency thereof...
Page 587 - An Act to provide compensation for employees of the United States suffering injuries while in the performance of their duties, and for other purposes", approved September 7, 1916, as amended, shall extend to persons given employment under the provisions of this Act.
Page 42 - Bank shall be to aid in financing and to facilitate exports and imports and the exchange of commodities between the United States or any of its Territories or insular possessions and any foreign country or the agencies or nationals thereof.
Page 586 - It is hereby declared to be the policy of this Act that, in order, as soon as practicable, to make the power projects self-supporting and self-liquidating, the surplus power shall be sold at rates which, in the opinion of the board, when applied to the normal capacity of the Authority's power facilities, will produce gross revenues in excess of the cost of production of said power...
Page 311 - ... of assets and liabilities, capital and surplus or deficit; a statement of surplus or deficit analysis ; a statement of income and expense; a statement of sources and application of funds; and such comments and information as may be deemed necessary to keep Congress informed of the operations and financial condition...
Page 417 - Corporation in the operation of dams and reservoirs, in conducting its business in generating, transmitting, and distributing electric energy and in manufacturing, selling, and distributing fertilizer and fertilizer ingredients.
Page 478 - That all contracts made with private companies or individuals for the sale of power, which power is to be resold for a profit, shall contain a provision authorizing the board to cancel said contract upon five years' notice in writing, if the board needs said power to supply the demands of States, counties, or municipalities.
Page 891 - Authority may, whenever it deems it necessary or desirable in the fulfillment of the purposes of this Act, consent to the modification, with respect to rate of interest, time of payment of any installment of principal or interest, security, amount of annual contribution, or any other term, of any contract or agreement of any kind to which the Authority is a party or which has been transferred to it pursuant to this Act. Any rule of law contrary to this provision shall be deemed inapplicable.
Page 307 - States, or on its behalf, except that the foregoing provision shall not apply to the transportation of military or naval property of the United States moving for military or naval and not for civil use...