Supplemental Government Corporations Appropriation Bill for 1948: Hearings Before the Subcommittee of the Committee on Appropriations, House of Representatives, Eightieth Congress, First Session, on the Supplemental Government Corporations Appropriation Bill for 1948 |
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administrative expenses amended amount application approximately Assets Administration auditing authority banks bill budget docu building materials BURROWS business enterprises business loans capital Chairman cinchona committee Congress continue contracts Corporation's cost covering custodian banks declared surplus Defense Homes Corporation disbursements Estimate reduced Executive Order facilities Federal Housing Administration Federal Loan Administrator Finance Corporation Act fiscal year 1948 functions funds GOODLOE JENSEN June 30 lease legislation lending lessees liquidation loans and investments long tons ment metals and minerals miscellaneous receipts note account obligations operation outstanding participation percent Plants Corporation PLOESER procurement production provisions Public Law 132 purchase purpose pursuant Reconstruction Finance Corporation revised RFC Act Rubber program schedule Secretary section 5d securities small business Smaller War Plants stock pile strategic metals Strategic supplies program subsidiaries subsidies substantial surplus property Surplus Property Act synthetic rubber termination tion Total transferred Treasury U. S. Commercial Company United War Assets Administration
Popular passages
Page 53 - Whoever makes any statement knowing it to be false, or whoever willfully overvalues any security, for the purpose of obtaining for himself or for any applicant any loan or extension thereof by renewal, deferment of action, or otherwise, or the acceptance, release, or substitution, of security therefor...
Page 52 - ... to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended...
Page 52 - ... to be redeemable at the option of the corporation before maturity in such manner as may be stipulated in such obligations, and...
Page 53 - If any provision of this Act, or the application of such provision to any person or circumstances, shall be held invalid, the remainder of this Act, or the application of such provision to persons or circumstances other than those as to which it is held invalid, shall not be affected thereby.
Page 52 - 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 Corporation.
Page 10 - 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...
Page 50 - Federal ; to select, employ, and fix the compensation of such officers, employees, attorneys, and agents as shall be necessary for the transaction of the business of the corporation, without regard to the provisions of other laws applicable to the employment and compensation of officers or employees of the United States...
Page 52 - The Corporation, including its franchise, its capital, reserves, and surplus, and its income shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority...
Page 51 - Any loan made under this section shall be of such sound value, or so secured, as reasonably to assure repayment.
Page 52 - The corporation, including its franchise, its capital, reserves, and surplus, .and its income shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing 72d CONGRESS.