From inside the book
Page 98
... Mr. Chairman . I wish to thank you and the members of this committee for the time you have given me to present the views of the domestic fluorspar industry on this minerals stabilization legislation . If there are any questions which ...
... Mr. Chairman . I wish to thank you and the members of this committee for the time you have given me to present the views of the domestic fluorspar industry on this minerals stabilization legislation . If there are any questions which ...
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Common terms and phrases
acid-grade fluorspar administration alloys aluminum annual ASPINALL bill cents for lead cents for zinc cents per pound Chairman CHENOWETH chrome chromite columbium-tantalum committee Congress consumption copper cost DAWSON Defense Production Act Department domestic fluorspar domestic industry domestic mining industry domestic producers duction economic effect Engle fluorspar producers FLYNN gentleman going Government HARDY imports incentive increased Interior June 30 lead and zinc lead-zinc mining legislation long-range manganese market price materials MCCASKILL ment metals MILLER million minerals Office of Defense operations percent PILLION present president price of lead problem proposed purchase program quarter quarterly limitation questions quotas record ROGERS Rosiclare SAYLOR Schwab Secretary SEATON Senate short tons short-ton units SISK stabilization payments stabilization plan stabilization price statement subcommittee subsidy supply tantalum Tariff Commission THOMSON tion tonnage tungsten tungsten trioxide ULLMAN United States producers Utah World War II zinc miners
Popular passages
Page 15 - 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 11 - Corporation issued hereunder, and for such purpose the Secretary of the Treasury is authorized to use as a public-debt transaction the proceeds from the sale of any securities hereafter 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 the Corporation's obligations hereunder.
Page 11 - For the purposes of this Act — (1) The term "Secretary" means the Secretary of Health, Education, and Welfare; (2) The term "Commissioner" means, unless the context otherwise requires, the Commissioner of the Administration on Aging.
Page 11 - Treasury under this subsection shall be upon such terms and conditions as to yield a return 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 making of such purchase.
Page 14 - Administrator under this title shall be in such forms and denominations, have such maturities, and be subject to such terms and conditions as may be prescribed by the Administrator, with the approval of the Secretary of the Treasury. Such notes or other...
Page 14 - newly mined" means domestic material processed into concentrates or severed from the land subsequent to the date of enactment of thia Act, but shall not exclude normal inventories of crude ore. The term does not refer to material recovered from mine dumps, mill tailings, or from smelter slags and residues derived from material mined prior to the date of enactment of this Act.
Page 15 - Such notes or other obligations 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 such notes or other obligations.
Page 4 - Such interest shall be at rates which (1) are not less than the rates of interest which the Secretary of the Treasury shall determine the Department of the Interior would have to pay if it borrowed such funds from the Treasury of the United States, taking into consideration current average yields on outstanding marketable obligations of the United States with maturities comparable to the terms of the particular contracts involved and (2) plus 2 per centum per annum in lieu of recovering the cost...
Page 8 - President may issue such rules and regulations and make such determinations as he deems necessary and appropriate to carry out the provisions of this Act.
Page 16 - ... the Domestic Tungsten, Asbestos, Fluorspar, and Columbium-Tantalum Production and Purchase Act of 1956 (50 USC App.