agencies or officials designated pursuant to section 2 (c) hereof, regarding the rural rehabilitation purposes for which the property and assets shall thereafter be used by them, and in determining that such agreed purposes are being carried out. The fees, salaries, and expenses of such appraisers, accountants, attorneys, and other personnel shall be equitably apportioned by the Secretary among the respective corporations and the amount so determined to be applicable to each such corporation shall be paid by the Secretary from the trust fund of such corporation until the trust is liquidated, and thereafter by the corporation or other agency or official designated pursuant to section 2 (c) hereof. Attorneys so employed, and their fees and expenses, shall be subject to the approval and under the supervision of the Solicitor of the Department of Agriculture;

(b) accept and utilize voluntary and uncompensated services, and with the consent of the agency concerned, utilize the officers, employees, equipment, and information of any agency of the Federal Government, or of any State, Territory, or political subdivision;

(c) make such rules and regulations and such delegations of authority as he deems necessary to carry out the purposes of this Act. SEC. 5. None of the properties or assets held on the date of the approval of this Act by the Secretary as trustee pursuant to trust agreements with the various State rural rehabilitation corporations may be used by the Secretary for any purpose after the effective date of this Act, except for the purposes authorized under section 2 (d) of this Act, and for loans made prior to July 1, 1949, and to be repaid in full no later than May 1, 1952, but otherwise consistent with the provisions of title II of the Bankhead-Jones Farm Tenant Act, as amended (7 U. S. C. A. 1007), where necessary to supplement credit already extended to borrowers from corporation trust funds.

SEC. 6. (a) The determination of the Secretary with respect to the assets to be returned to each State rural rehabilitation corporation or other agency or official designated pursuant to section 2 (c) hereof including, but not limited to interests in properties held jointly for such corporation and the United States, the partition of real property, the expenses incident to each transfer, the liabilities applicable to such properties, and all other phases of the transfer shall be final and conclusive upon each State rural rehabilitation corporation or such successor agency or official designated pursuant to section 2 (c) hereof, and upon all officers and agencies of the United States.

(b) The Secretary shall be saved harmless against any personal liability he may incur in carrying out the provisions of this Act.

SEC. 7. Section 2 (f) of the Act of August 14, 1946 (60 Stat. 1062), is hereby repealed.

Approved May 3, 1950.

[CHAPTER 254-2D SESSION]

[H. R. 5511]

AN ACT

To amend the provisions of the Perishable Agricultural Commodities Act, 1930, relating to practices in the marketing of perishable agricultural commodities.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the Perishable Agricultural Commodities Act, 1930 (7 U. S. C., sec. 499a and the following), is amended as follows:

Section 3 (b) of said Act is amended to read as follows:

"Any person desiring any such license shall make application to the Secretary. The Secretary may by regulation prescribe the information to be contained in such application. Upon the filing of the application, and annually thereafter, the applicant shall pay a fee of $15, which shall be deposited in the Treasury of the United States as a special fund, without fiscal year limitation, to be designated as the 'Perishable Agricultural Commodities Act fund', which shall be available for all expenses necessary to the administration of this Act, the Act to prevent the destruction or dumping of farm produce, approved March 3, 1927 (7 U. S. C. 491-497), and the Export Apple and Pear Act, approved June 10, 1933 (7 U. S. C. 581-589): Provided, That financial statements prescribed by the Director of the Bureau of the Budget for the last completed fiscal year, and as estimated for the current and ensuing fiscal years, shall be included in the budget as submitted to the Congress annually."

SEC. 2. Section 4 (a) of said Act is amended to read as follows: "Whenever an applicant has paid the prescribed fee the Secretary, except as provided elsewhere in this Act, shall issue to such applicant a license, which shall entitle the licensee to do business as a commission merchant and/or dealer and/or broker unless and until it is suspended or revoked by the Secretary in accordance with the provisions of this Act, or is automatically suspended under section 7 ‍(d) of this Act, but said license shall automatically terminate on any anniversary date thereof unless the annual fee has been paid: Provided, That notice of the necessity of paying the annual fee shall be mailed at least thirty days before the anniversary date: Provided, further, That if the annual fee is not paid by the anniversary date the licensee may obtain a renewal of that license at any time within thirty days. by paying a fee of $20, which shall be deposited in the Perishable Agricultural Commodities Act fund provided for by section 3 (b)." SEC. 3. Section 15 of said Act is amended to read as follows: "The Secretary may make such rules, regulations. and orders as may be. necessary to carry out the provisions of this Act, and may cooperate with any department or agency of the Government, any State, Territory, District, or possession, or department, agency, or political subdivision thereof, or any person; and shall have the power to appoint,

remove, and fix the compensation of such officers and employees not in conflict with existing law, and make such expenditures for rent outside the District of Columbia, printing, binding, telegrams, telephones, lawbooks, books of reference, publications, furniture, stationery, office equipment, travel, and other supplies and expenses, including reporting services, as shall be necessary to the administration of this Act in the District of Columbia and elsewhere, from the Perishable Agricultural Commodities Act fund provided for by section 3 (b) and any supplements to such fund, and as may be appropriated for by Congress; and there is hereby authorized to be appropriated, out of any money in the Treasury not otherwise appropriated, such sums as may be necessary for such purposes. This Act shall not abrogate nor nullify any other statute, whether State or Federal, dealing with the same subjects of this Act; but it is intended that all such statutes shall remain in full force and effect except insofar only as they are inconsistent herewith or repugnant hereto."

SEC. 4. Add a new provision as follows:

"SEC. 19. Any unexpended balances of appropriations for the current fiscal year, and any subsequent appropriations, made to carry out the Acts referred to in section 3 (b) hereof, may be deposited in the Perishable Agricultural Commodities Act fund.'

Approved June 15, 1950.

[PUBLIC LAW 575-81ST CONGRESS]

[CHAPTER 357-2D SESSION]

[H. R. 7579]

AN ACT

To extend the Rubber Act of 1948 (Public Law 469, Eightieth Congress), and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That (a) subsection (a) of section 9 of the Rubber Act of 1948 (Public Law 469. Eightieth Congress) is amended (1) by striking out "April 1, 1949" and inserting in lieu thereof "April 1, 1951", and (2) by striking out "January 15, 1950" and inserting in lieu thereof "January 15, 1952".

(b) Section 20 of such Act is amended by striking out "June 30, 1950" and inserting in lieu thereof "June 30, 1952". Approved June 24, 1950.

[CHAPTER 381-2D SESSION]
[H. R. 6567]

AN ACT

To increase the borrowing power of Commodity Credit Corporation.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That section 4 of the Act approved March 8, 1938 (52 Stat. 108), as amended, is amended by striking out "$4,750,000,000" and inserting in lieu thereof "$6,750,000,000".

SEC. 2. Section 4 (i) of the Commodity Credit Corporation Charter Act (62 Stat. 1070) is amended by striking out "$4,750,000,000" and inserting in lieu thereof "$6,750.000.000".

SEC. 3. Section 22 of the Agricultural Adjustment Act. as amended (U.S. C., title 7, sec. 624), is hereby amended to read as follows:

"SEC. 22. (a) Whenever the Secretary of Agriculture has reason to believe that any article or articles are being or are practically certain to be imported into the United States under such conditions and in such quantities as to render or tend to render ineffective, or materially interfere with, any program or operation undertaken under this title or the Soil Conservation and Domestic Allotment Act, as amended, or section 32, Public Law Numbered 320, Seventy-fourth Congress, approved August 24, 1935, as amended, or any loan, purchase, or other program or operation undertaken by the Department of Agriculture, or any agency operating under its direction, with respect to any agricultural commodity or product thereof, or to reduce substantially the amount of any product processed in the United States from any agricultural commodity or product thereof with respect to which any such program or operation is being undertaken, he shall so advise the President, and, if the President agrees that there is reason for such belief, the President shall cause an immediate investigation to be made by the United States Tariff Commission, which shall give precedence to investigations under this section to determine such facts. Such investigation shall be made after due notice and opportunity for hearing to interested parties, and shall be conducted subject to such regulations as the President shall specify.

"(b) If, on the basis of such investigation and report to him of findings and recommendations made in connection therewith, the President finds the existence of such facts, he shall by proclamation. impose such fees not in excess of 50 per centum ad valorem or such quantitative limitations on any article or articles which may be entered, or withdrawn from warehouse, for consumption as he finds and declares shown by such investigation to be necessary in order that the entry of such article or articles will not render or tend to render ineffective, or materially interfere with. any program or operation referred to in subsection (a) of this section, or reduce substantially the amğüne of any product processed in the United States from any such agricultural commodity or product thereof with respect to