(d) Any person paroled for assignment to civilian work contributing to the maintenance of the national health, safety, or interest, who fails or refuses to perform any such work satisfactorily, shall be reported by the Director of Selective Service to the Attorney General who may, in his discretion, revoke the parole of such person and return him to a penal or correctional institution to complete the sentence originally imposed with or without credit for the time spent on parole as the Attorney General may deem appropriate.

§ 1643.11 Authority of the Attorney General to control parolees. The Attorney General may impose such terms and conditions as he may deem proper upon any person paroled under the provisions of this part. Paroles authorized by this part may be revoked at any time in the discretion of the Attorney General. In any such case the parolee shall be returned to the proper penal or correctional institution to complete the sentence originally imposed.

§ 1643.12 Application of general parole laws. Nothing in the regulations in this part shall be construed to limit or restrict the application of the parole provisions contained in Title 18 of the United States Code.

§ 1643.13 Functions of Board of Parole and other officials. References in the regulations in this part to the Attorney General shall be construed to refer to the Board of Parole or to other officers or employees of the Department of Justice insofar as such references involve functions vested by statute in, or delegated by the Attorney General to, the Board of Parole or other officers or employees of the Department of Justice.

PROVIDING FOR THE REGULATION OF AIR TRANSPORTATION IN THE RYUKYU ISLANDS

By virtue of the authority vested in me by the Constitution and laws of the United States, including Section 1110 of the Federal Aviation Act of 1958 (72 Stat. 800, 49 U.S.C. 1510), and as President of the United States and Commander in Chief of the Armed Forces of the United States, and having determined that such action would be in the national interest, it is hereby ordered as follows:

SECTION 1. As used in this order,

(a) "Ryukyu Islands" means the territory, including territorial waters and overlying airspace, to which Executive Order No. 10713 of June 5, 1957, as amended, applies.

(b) "Act" means the Federal Aviation Act of 1958 (72 Stat. 731, 49 U.S.C. 1301 et seq.), as amended.

(c) "Board" means the Civil Aeronautics Board.

(d) "High Commissioner" means the High Commissioner of the Ryukyu Islands.

SEC. 2. The provisions of Titles IV, VIII, IX, X, and Section 1108 (b) of the Act, together with the related definitions in Section 101 thereof, are extended to the Ryukyu Islands insofar as applicable to the economic regulation by the Board of civil air transportation originating in the Ryukyu Islands and terminating elsewhere, or terminating in the Ryukyu Islands and originating elsewhere, or transiting the Ryukyu Islands.

SEC. 3. The provisions of Title VII of the Act are extended to the Ryukyu Islands for all purposes.

SEC. 4. Before taking action on any application filed pursuant to the Act as extended by this order, the Board shall obtain and consider the views of the High Commissioner concerning such application. The High Commissioner shall promptly provide such views to the Board on request.

SEC. 5. All presently outstanding orders, authorizations, and regulations applicable to the Ryukyu Islands, heretofore entered by the Board under the Act or by a predecessor agency under the Civil Aeronautics Act of 1938 (52 Stat. 973), are hereby ratified and confirmed.

SEC. 6. The High Commissioner shall control and regulate aviation within the Ryukyu Islands except as provided in Sections 2 and 3. The Board and the Administrator of the Federal Aviation Agency shall furnish the High Commissioner such technical advice and assistance, pursuant to interagency agreement, as he shall require to carry out this responsibility.

SEC. 7. The Ryukyu Islands are removed from the applicability of Executive Order No. 10854 of November 27, 1959.

THE WHITE HOUSE,

February 13, 1967.

Executive Order 11327

ASSIGNING AUTHORITY TO ORDER CERTAIN PERSONS IN THE READY RESERVE TO ACTIVE DUTY

By virtue of the authority vested in me by Title I of the Department of Defense Appropriation Act, 1967 (Public Law 89-687, 80 Stat. 980), and by section 301 of title 3 of the United States Code, and as President of the United States, it is hereby ordered as follows:

SECTION 1. The Secretary of Defense, and, when designated by him for this purpose, any of the Secretaries of the military departments of the Department of Defense, are hereby authorized and empowered to exercise the authority vested in the President until June 30, 1968, by

Title I of the Department of Defense Appropriation Act, 1967, to order to active duty any member of the Ready Reserve of an armed force who

(1) is not assigned to, or participating satisfactorily in, a unit in the Ready Reserve, and

(2) has not fulfilled his statutory reserve obligation, and

(3) has not served on active duty or active duty for training for a total of twenty-four months.

SEC. 2. In pursuance of the provisions of Title I of the Department of Defense Appropriation Act, 1967, the Secretary of Defense, and, when designated by him for this purpose, any of the Secretaries of the military departments of the Department of Defense, are hereby authorized to require a member ordered to active duty under this authority to serve on active duty until his total service on active duty or active duty for training equals twenty-four months. If the enlistment or period of military service of a member of the Ready Reserve ordered to active duty under this authority would expire before he has served the required period of active duty prescribed herein, his enlistment or period of military service may be extended until that service on active duty has been completed.

SEC. 3. In pursuance of the provisions of Title I of the Department of Defense Appropriation Act, 1967, and in order to achieve fair treatment as between members in the Ready Reserve who are being considered for active duty under this authority, appropriate consideration shall be given to

(1) family responsibilities; and

(2) employment necessary to maintain the national health, safety, or interest.

MODIFYING EXECUTIVE ORDER NO. 11198, RELATING TO THE INTEREST EQUALIZATION TAX ON CERTAIN COMMERCIAL BANK LOANS WHEREAS it has been determined heretofore that the acquisition of debt obligations of foreign obligors by commercial banks in making loans in the ordinary course of the commercial banking business has materially impaired the effectiveness of the tax imposed by section 4911 of the Internal Revenue Code of 1954, as added by the Interest Equalization Tax Act, because such acquisitions have replaced acquisitions by United States persons, other than commercial banks, of debt obligations of foreign obligors which are subject to the tax imposed by section 4911; and

WHEREAS such determination formed the basis for the issuance of Executive Order No. 11198,1 dated February 10, 1965, relating to 'the imposition of the interest equalization tax on the acquisition of such debt obligations by commercial banks; and

WHEREAS it is now appropriate that Executive Order No. 11198 be modified:

NOW, THEREFORE, by virtue of the authority vested in me by section 4931 (a) of the Internal Revenue Code of 1954, as amended (26 U.S.C. 4931(a)), by section 3(e) (2) of the Interest Equalization Tax Extension Act of 1965 (Public Law 89-243; 79 Stat. 955), by section 301 of title 3 of the United States Code, and as President of the United States, it is ordered that Executive Order No. 11198 be, and it is hereby, modified to read as follows:

SECTION 1. The provisions of section 4931 of the Internal Revenue Code of 1954, as amended, shall apply to acquisitions by commercial banks of debt obligations of foreign obligors to the extent set forth in sections 2 and 3.

SEC. 2. (a) The exclusions provided in section 4914(j) (1) (A) (ii) and section 4915 (c) (2) (A) from the tax imposed by section 4911 shall continue to apply to any acquisition by a commercial bank of a debt obligation of a foreign obligor; and

(b) The exclusion provided in section 4914 (b) (2) (A) from the tax imposed by section 4911 shall apply only to an acquisition of such debt obligation which is made by a commercial bank at any of its branches located outside the United States.

SEC. 3. The amendments of section 4931 contained in section 3 (e) (1) of the Interest Equalization Tax Extension Act of 1965 (Public Law 89-243; 79 Stat. 954) shall be applicable with respect to acquisitions of debt obligations of foreign obligors made after the date on which this order is issued.

SEC. 4. The Secretary of the Treasury or his delegate is authorized to prescribe from time to time such regulations, rulings, directions, and instructions, and to require such reports of information, as he shall deem necessary to carry out the purposes of this order.

SEC. 5. This order shall be effective with respect to acquisitions of debt obligations of foreign obligors made during the period beginning on the day after the date on which this order is issued and ending on the date set forth in section 4911(d).

Executive Order 11329

CREATING A BOARD OF INQUIRY TO REPORT ON A LABOR DISPUTE AFFECTING THE SHIPBUILDING AND REPAIR INDUSTRIES OF THE UNITED STATES

WHEREAS, there exists a labor dispute between the Pacific Coast Shipbuilders' Association, Alameda, California, representing Lockheed Shipbuilding and Construction Company, Seattle, Washington, Bethlehem Steel Company, San Francisco, California, Lake Union Dry Docks Company, Seattle, Washington, Pacific Coast Engineering Company, Alameda, California, Albina Engine and Machine Works, Portland, Oregon, Northwest Marine Iron Works, Portland, Oregon, Todd Shipyards Corporation, Seattle, Washington and Alameda, California, Guy F. Atkinson Company, Portland, Oregon, Willamette Iron and Steel Company, Portland, Oregon, and certain of their employees represented by the International Brotherhood of Electrical Workers, AFL-CIO; and

WHEREAS, such dispute has resulted in a strike which will, in my opinion, if permitted to continue, affect a substantial part of the shipbuilding and repair industries, which industries are engaged in trade, commerce, transportation, transmission, or communication among the several States or with foreign nations, or engaged in the production of goods for commerce, and which strike, if permitted to continue, will imperil the national safety:

NOW THEREFORE, by virtue of the authority vested in me by Section 206 of the Labor-Management Relations Act of 1947 (61 Stat. 155; 29 U.S.C. 176), I hereby create a Board of Inquiry, consisting of Mr. J. Keith Mann, Chairman, Mr. George E. Reedy and Mr. Paul D. Hanlon, whom I appoint to inquire into the issues involved in this dispute.

The Board shall have powers and duties as set forth in Title II of such Act. The Board shall report to the President in accordance with the provisions of Section 206 of such Act on or before March 8, 1967.

Upon submission of its report, the Board shall continue in existence. to perform such other functions as may be required under such Act.

THE WHITE HOUSE,

March 2, 1967.

10:46 p.m. Thursday Night. En Route Texas, Airforce I.