Inquiry Into the Policies, Procedure, and Program Involving Granting of Certificates of Necessity and Defense Loans, Hearings Before ..., 82-1, March 19, 20, April 5, 9, 20, and 23, 1951, Volumes 7-13

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Page 387 - 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 387 - 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 such notes or other obligations.
Page 80 - ... 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 388 - 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 52 - In, or guarantees of, loans) to private business enterprises (including research corporations not organized for profit» for the expansion of capacity, the development of technological processes, or the production of essential materials, including the exploration, development, and mining of strategic and critical metals and minerals, and manufacture of newsprint.
Page 388 - Secretary or his delegate, in such manner, in such form, and within such time, as the Secretary or his delegate may by regulations prescribe, a statement of such election.
Page 387 - 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 390 - profits derived from contracts with the Departments and subcontracts" means the excess of the amount received or accrued under such contracts and subcontracts over the costs paid or incurred with respect thereto.
Page 389 - In the case of property held by one person for life with remainder to another person, the deduction under this section shall be computed as if the life tenant were the absolute owner of the property and shall be allowed to the life tenant.
Page 389 - Code of 1954 (relating to taxable income of individuals electing the standard deduction) is amended by striking out "and" at the end of paragraph (1), by striking out the period at the end of paragraph (2) and inserting in lieu thereof ", and...

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