ANALYSIS OF FEDERAL ASSISTANCE FOR MINERALS EXPANSION PROGRAMS
JULY 1, 1950, THROUGH MAR. 31, 1953

NOTES

1. DMPA expansion contracts: These amounts represent the estimated net costs to the Government. The gross value of the contracts let greatly exceed these amounts. (See Defense Production Act Borrowing Authority Quarterly Report to the Congress.)

2. Advances and loans are recoverable with no losses anticipated. Amounts are cumulative and exclude repayments to date.

3. Tax-amortization certificates have been listed where the amount certified could be identified with a single material. The report received from ODM also includes the following certifications for groups of materials:

Ferro-all y ores, except vanadium, n. e. c.: Chromium, nickel and colum-
bium, chromite, columbite..

Metallic minerals (ores), n. e. c.: Antimony, beryllium, cobalt, platinum
group, tantalum, thorium, tin, cerium and rare earth metals.
Natural abrasives, except sand, n. e. c.: Natural abrasives n. e. c., tripoli,
emery, garnet, corundum and industrial diamonds.

Industrial inorganic chemicals, n. e. c.: Includes alumina, aluminum
chloride, beryllium oxide, sulfur refined, etc..

Abrasive products.

Primary smelting and refining of nonferrous metals, n. e. c.: Includes gold,
silver, platinum, iridium, cobalt, nickel, tin, and antimony, bismuth,
chromium..

Minerals and earths-Ground or otherwise treated: Includes barytes,
borax, feldspar, mica, quartz, silica, talc, fluorspar, limerock.
Electrometallurgical products: Ferromanganese, ferro vanadium, molyb-
denium alloys, etc.

Total..

423

1, 138, 254

4. This report does not include assistance given for agricultural-type commodities such as sisal, abaca, palm oil, etc., which are on the official stockpile list.

5. The Department of Defense report was negative. Copy of their letter of July 11, 1953, is attached.

1 Cancellation of lead-development project, obligated prior to July 1, 1950. 2 Railway and port facilities for handling strategic materials; $14 million of counterpart advance is repayable in copper.

GENERAL NOTES

1. DMPA expansion contracts: The amounts reported represent the estimated net cost to the U. S. Government. The gross value of the contracts let greatly exceeds this amount. (See Defense Production Act Borrowing Authority Quarterly Report to the Congress.)

2. Loans and advances are recoverable with no losses anticipated. Amounts are cumulative exclusive of repayments.

3. The Defense Department report was negative. Copy of their letter of July 11, 1953, is attached. 4. The MSA-ECA report includes all projects financed by those agencies: (a) contracts transferred to DMPA, (b) contracts retained by MSA-ECA, and (c) DMPA projects financed with MSA funds. There were no "3d country" obligations as of Mar. 31, 1953, as all obligations occurred after that date. 5. Tax-amortization certificates issued for foreign facilities were as follows:

6. This report does not include procurement for the national stockpile.

The CHAIRMAN. Thank you very much, Mr. Martin, for appearing here.

Representative MARTIN. And thank you, Senator Malone, for the opportunity of appearing here.

Those figures which you have placed in the record are very enlightening, very important for our consideration.

The CHAIRMAN. We will count on your assistance in the future. (Whereupon the subcommittee adjourned subject to the call of the Chair.)