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specific concessions by the United States. In accordance with section 3 of the Trade Agreements Extension Act of 1951, hereinabove set forth, the Tariff Commission reported to me on December 27, 1951, its findings with respect to each such article as to the limit below which concessions could not be granted without causing or threatening serious injury to the domestic industry producing like or directly competitive products. For a certain group of petroleum products-crude petroleum, topped crude petroleum, and fuel oil derived from petroleum, including fuel oil known as gas oil; paragraph 1733 Tariff Act of 1930 and section 3422, Internal Revenue Code-three of the Commissioners found that the peril point was the existing tariff quota arrangement-102 cents per barrel or onefourth cent per gallon on a quantity equal to 5 percent of the total quantity of crude petroleum processed in refineries in continental United States during the preceding calendar year and 21 cents per barrel, or one-half cent per gallon, in excess of this quantity. The other three Commissioners found that a rate of 102 cents per barrel on all imports would constitute the peril point.

Although there are a number of legal issues involved on the question of whether there is or is not any peril point found within the requirements of section 3 of the statute by reason of the evenly divided Commission, I nevertheless desire to inform the Congress of the action I have taken with respect to these petroleum products in the agreement.

The text of the supplementary trade agreement which I have concluded with the Government of Venezuela is attached. This agreement contains the following concession on paragraph 1733 of the Tariff Act of 1930 and section 3422 of the Internal Revenue Code:

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leum-including fuel oil known as gas oil-which is testing under 25° API— American Petroleum Institute rating— the rate on these same products testing 25° API or more will be 102 cents per barrel.

The supplementary agreement with Venezuela will provide for increased trade between the two countries. It will contribute to the security of both countries and will stimulate the development of proven oil reserves in the Western Hemisphere.

As compared to the 1939 agreement, Venezuela grants new or improved concessions on $154,000,000 of imports from the United States in 1950; on $12,000,000 of imports they are withdrawing the 1939 concessions; and on $6,000,000 of imports the new agreement provides for higher Venezuelan rates than in the 1939 agreement. The trade coverage of the 1939 agreement as supplemented by the new agreement is $240,000,000 or about 60 percent of total United States exports to Venezuela. Under the 1939 agreement, only 35 percent of our exports were covered. Among the important items receiving new or improved duty concessions are apples, pears, certain dried vegetables, rolled oats, wheat flour, barley malt, baby and dietetic foods, wrapping paper, laboratory and refractory glass products, galvanized iron sheets, enameled iron and steel manufactures, builders' hardware, table flatware, unassembled trucks and passenger cars, motorcycles, aircraft and parts, trailers, radio and television receivers including parts, phonographs including combinations and parts, phonograph records, automatic refrigerators, scientific apparatus, hand tools, photographic products, office machinery, electric motors, pumps, numerous types of industrial machinery and apparatus and parts, generators and transformers. Among the products on which new bindings of dutyfree treatment were granted by Venezuela are road building, textile and printing machinery; stoves, heaters, and ovens; and parts for agricultural machinery. The agreement, as revised, covers 179 Venezuelan tariff items, as compared with 88 in the 1939 agreement. It includes products of interest to practically every important group of United States exporters. Concessions by Venezuela have particular significance, since that country has no balance of payment difficulties in purchasing from the dollar

area.

In 1950 United States imports from Venezuela of crude petroleum and residual fuel oil amounted to $288,000,000, or about 90 percent of our total imports from Venezuela. It is estimated that the 1950 value of trade on which the United States granted improved customs treatment is about $175,000,000, of which practically all was crude petroleum and residual fuel oil. New concessions of potential value to Venezuela consisted of the binding of existing duty-free entry for iron ore, deposits of which are now being developed.

The new agreement also amends and supplements some of the general provi

The prin

sions of the 1939 agreement. cipal changes are a substantial strengthening of the quota provision so as to safeguard more adequately the value of the reciprocal tariff concessions, an additional reciprocal undertaking with regard to customs formalities, and the inclusion of the standard escape clause in event serious injury should be caused or threatened to domestic industry as a result of the agreement.

With regard to the concession on crude petroleum, topped crude, and fuel oil derived from petroleum, it would have been possible under the authority of the Trade Agreements Act to reduce the excise tax provided for in section 3422 of the Internal Revenue Code to 54 cents per barrel. The majority of the representatives of private business urged during the hearings held both by the Tariff Commission and by the Committee for Reciprocity Information that such a concession be made to Venezuela. I have agreed to a concession of 54 cents per barrel on imports of some of these kinds of petroleum products, namely, those which test under 25° API. A rate of 102 cents per barrel, a treatment which was in effect from 1943 through 1950 under the Mexican Trade Agreement, is provided for under the new agreement for petroleum products tested 25° or more API, which constitute the greater part of United States imports of crude oil. Experience during 1943-50 indicates that imports at 102 cents will undoubtedly prove no deterrent to drilling and development programs now under way in the United States.

Most of the crude oil produced in the United States has a specific gravity of 25° API or higher. The national average is about 35° API. For example, less than 1 percent of the crude oil produced in west Texas is below 25° API. Most of the heavier crude oils in the United States are produced in the Rocky Mountain area, in California, and in some of the Gulf coast area.

About one-third of the Venezuelan crude oil production has a gravity of less than 25° API. Nearly all of the lowgravity oil is shipped to the refineries on the islands of Aruba and Curacao.

Only the asphalt crudes, some of the topped crude, and the residual fuel oil will pay the lower excise tax. Generally, imports of these heavier crude oils sell in markets different from those in which domestic low-gravity oils sell. Furthermore, the lower gravity oils have a lower value in the market than the higher gravity petroleum products. It is believed appropriate, therefore, that these commodities of less worth should be dutiable at a lower specific rate and that the more valuable oils should pay a higher rate.

The imported oils which would pay the lower tax are among those which are in relatively short supply in the United States and generally throughout the world. It is not expected that the lower tax applicable to such oils will cause an undue increase in imports above the quantity which otherwise might be imported. It would appear, accordingly,

that the lower tax on residual fuel oil would not serve to disturb the relationship which now exists in the United States between this fuel and other sources of heat and energy.

One major use of residual fuel oil is for ship bunkering; oil for this purpose traditionally has been imported free into the United States. The residual fuel oil subject to import tax is utilized mainly in gas and electric power plants, in smelters, mines, and manufacturing industries, and, to a lesser degree, as heating oil in industrial plants. Most of these users are located along the east coast.

For the most part, these fuel-burning installations, particularly the power pants, are convertible, using either coal or residual fuel oil depending upon which is cheaper at a given time. In recent years coal has been cheaper. Coal is also more available, because residual fuel oil is in tight world supply, and because the percentage of residual fuel oil to total output of United States refineries is constantly decreasing as emphasis shifts to distilling larger amounts of the higher and more valuable fractions, such as gasoline. Therefore, the percentage of convertible plants using coal has increased steadily since 1949, until now most of the east coast power plants are using coal rather than residual fuel oil. The reduction in excise tax on residual fuel oil in the present agreement is not expected to be sufficient to change this long-term trend. In reviewing this situation in its peril point findings, the various Tariff Commission members, too, concluded that it offered no valid deterrent to a reduction in the import tax on petroleum,

The conclusion of the supplementary trade agreement is recognition by both the United States and Venezuela of a common interest in the expansion of trade. Venezuela is one of the largest markets for a wide range of United States export products. The United States provides an important and established market for Venezuelan oil, this representing, in turn, an essential supplement to domestic United States production. The United States will also provide a market for other Venezuelan natural resources, such as iron ore, which are needed in this country. The agreement, therefore, will be of economic benefit to both countries. It is, moreover, of vital security importance in view of the strategic nature of some of the products included within its terms.

HARRY S. TRUMAN.
THE WHITE HOUSE, August 29, 1952.

MIDYEAR ECONOMIC REPORT OF THE

PRESIDENT

The VICE PRESIDENT laid before the Senate the following message from the President of the United States, transmitted, pursuant to law, to the Secretary of the Senate during the adjournment of Congress; which, with the accompanying report, was referred to the Joint Committee on the Economic Report:

26100-s J-83-1-2

THE WHITE HOUSE, Washington, D. C., July 19, 1952. The honorable the PRESIDENT OF THE SENATE,

The honorable the SPEAKER OF THE HOUSE OF REPRESENTATIVES.

SIRS: I am presenting herewith a Midyear Economic Report to the Congress. This is supplementary to the Economic Report of the President of January 16, 1952, and is transmitted in accordance with section 3 (b) of the Employment Act of 1946.

In preparing this report, I have had the advice and assistance of the Council of Economic Advisers, members of the Cabinet, and heads of independent agencies.

Together with this report, I am transmitting a report, the Midyear 1952 Economic Review, prepared for me by the Council of Economic Advisers in accordance with section 4 (c) (2) of the Employment Act of 1946. Respectfully,

HARRY S. TRUMAN.

REPORT OF THE SECRETARY OF THE SENATE

The VICE PRESIDENT laid before the Senate a communication from the former Secretary of the Senate, transmitting, pursuant to law, a statement of the receipts and expenditures of the Senate for the period July 1, 1951, to June 30, 1952; which, with the accompanying report, was ordered to lie on the table and be printed.

ANNUAL REPORT OF NATIONAL FOREST RESERVATION COMMISSION

The VICE PRESIDENT laid before the Senate a communication from the Secretary of the Army, President of the National Forest Reservation Commission, transmitting, pursuant to law, the annual report of the Commission for the fiscal year ended June 30, 1952; which, with the accompanying report, was referred to the Committee on Agriculture and Forestry and ordered to be printed with an illustration.

ANNUAL REPORT OF EXTENSION SERVICE

The VICE PRESIDENT laid before the Senate a communication from the Assistant Secreatry of Agriculture, transmitting, pursuant to law, the annual report of the Extension Service for the fiscal year ended June 30, 1952; which, with the accompanying report, was referred to the Committee on Agriculture and Forestry.

REPORT OF COOPERATIVE RESEARCH, SERVICE, AND EDUCATIONAL WORK UNDER RESEARCH AND MARKETING ACT OF 1946

The VICE PRESIDENT laid before the Senate a communication from the Assistant Secretary of Agriculture, transmitting, pursuant to law, a report of cooperative research, service, and educational work under contracts or cooperative agreements under the Research and Marketing Act of 1946, for the fiscal year ended June 30, 1952; which, with the accompanying report, was referred to the Committee on Agriculture and Forestry.

REPORT OF CERTAIN CLAIMS SETTLED BY FARMERS HOME ADMINISTRATION

The VICE PRESIDENT laid before the Senate a communication from the Assistant Secretary of Agriculture, transmitting, pursuant to law, a report showing the names of all persons against whom claims in excess of $1,000 have been settled by the Farmers Home Administration during the fiscal year 1952; which, with the accompanying report, was referred to the Committee on Agriculture and Forestry.

REPORTS ON COOPERATION OF UNITED STATES WITH MEXICO IN CONTROL AND ERADICATION OF FOOT-AND-MOUTH DISEASE

The VICE PRESIDENT laid before the Senate six communications from the Assistant Secretary and the Acting Secretary of Agriculture, transmitting, pursuant to law, reports on cooperation of the United States with Mexico in the control and eradication of foot-andmouth disease for the months of May, June, July, August, September, and October 1952, respectively; which, with the accompanying reports, were referred to the Committee on Agriculture and Forestry.

REPORTS ON MISSOURI RIVER BASIN
AGRICULTURAL PROGRAM

The VICE PRESIDENT laid before the Senate a communication from the Acting Secretary of Agriculture, transmitting, pursuant to law, copies of letters from interested States and Federal agencies on the Department of Agriculture's supplemental report to the Missouri River Basin agricultural program; which, with the accompanying papers, was referred to the Committee on Agriculture and Forestry.

JUDGMENTS RENDERED BY COURT OF CLAIMS The VICE PRESIDENT laid before the Senate a communication from the clerk of the United States Court of Claims, transmitting, pursuant to law, a statement of all judgments rendered by the Court of Claims for the year ended October 3, 1952, the amount thereof, the parties in whose favor rendered, and a brief synopsis of the nature of the claim; which, with the accompanying papers, was referred to the Committee on Appropriations and ordered to be printed. REPORT ON OVEREXPENDED ALLOTMENT OF APPORTIONMENT FOR RECONSTRUCTION

FINANCE CORPORATION

The VICE PRESIDENT laid before the Senate a communication from the Administrator of the Reconstruction Finance Corporation, transmitting, pursuant to law, a report of an overexpended allotment of apportionment for the Reconstruction Finance Corporation; which, with the accompanying paper, was referred to the Committee on Appropriations.

EXPENDITURES IN EXCESS OF ALLOTMENTS
OF FUNDS UNDER APPORTIONMENTS
The VICE PRESIDENT laid before the
Senate a communication from the Ad-
ministrator of the Housing and Home

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EXCESS OF APPROVED APPORTIONMENTS The VICE PRESIDENT laid before the Senate a communication from the Administrative Assistant Secretary of the Department of the Interior, transmitting, pursuant to law, a report of obligations incurred in excess of approved cumulative apportionments of the appropriation "Emergency Fund, Bureau of Reclamation," for the first and second quarters of the fiscal year 1952; which, with the accompanying paper, was referred to the Committee on Appropriations.

OBLIGATION INCURRED IN EXCESS OF LIMITATION OF ALLOTMENT

The VICE PRESIDENT laid before the Senate a communication from the Acting Secretary of Agriculture, transmitting, pursuant to law, a report of obligations incurred in excess of the quarterly limitation of an allotment of funds payable from the Farm Credit Administration; which was referred to the Committee on Appropriations. OBLIGATION INCURRED IN EXCESS OF LIMITATION OF ALLOTMENT

The VICE PRESIDENT laid before the Senate a communication from the Assistant Secretary of Agriculture, transmitting, pursuant to law, a report of obligations incurred in excess of the quarterly limitation of an allotment of an appropriation for the Grain Branch, Production and Marketing Administration; which was referred to the Committee on Appropriations.

ADJUSTMENT OF APPROPRIATIONS FOR THE DEPARTMENT OF THE ARMY

The VICE PRESIDENT laid before the Senate a communication from the Acting Secretary of Defense, transmitting, pursuant to law, a report of certain adjustments between appropriations to improve the administration of appropriated funds available to the Department of the Army; which, with the accompanying paper, was referred to the Committee on Appropriations.

OVEROBLIGATIONS IN EXCESS OF ALLOTMENT OF APPROPRIATIONS

The VICE PRESIDENT laid before the Senate a communication from the Acting Secretary of the Treasury, transmitting, pursuant to law, a list of violations of law by the incurring of obligations by the United States Coast Guard in excess of an allotment or suballotment of appropriations, during the period September 1950 through April 1952; which, with the accompanying paper, was referred to the Committee on Appropriations.

REPORTS OF THE DIRECTOR OF THE BUREAU OF THE BUDGET ON REAPPORTIONMENT OF APPROPRIATIONS

The VICE PRESIDENT laid before the Senate 20 communications from the Director of the Bureau of the Budget, transmitting, pursuant to law, reports on reapportionment of appropriations which indicate a necessity for deficiency or supplemental estimates for the fiscal year 1953, as follows; which, with the accompanying papers, were referred to the Committee on Appropriations:

Treasury Department for salaries and expenses, Secret Service Division;

Treasury Department for operating expenses, Coast Guard;

Veterans' Administration for readjustment benefits;

Veterans' Administration for compensation and pensions;

Veterans' Administration for veterans' miscellaneous benefits;

Veterans' Administration for administration, medical, hospital, and domiciliary services;

Veterans' Administration for servicemen's indemnities;

Veterans' Administration for grants to the Republic of the Philippines;

Department of Justice for support of United States prisoners;

Department of Justice for support of United States prisoners;

Department of Labor for grants to States for unemployment compensation and employment service administration, Bureau of Employment Security;

Military personnel, Marine Corps; Military personnel requirements, Air Force;

Military personnel, Army;
Military personnel, Navy;

Retired pay, Department of Defense; Federal Security Agency for grants to States for public assistance;

Federal Security Agency for salaries and expenses; Office of Education;

Federal Security Agency for salaries and expenses, Bureau of Old-Age and Survivors Insurance; and

Federal Security Agency, under reexamination of apportionment for salaries and expenses, Bureau of Old-Age and Survivors Insurance.

REPORT ON CONSTRUCTION OF TRANSMISSION LINES, SOUTHEASTERN POWER ADMINISTRATION

The VICE PRESIDENT laid before the Senate a communication from the Secretary of the Interior, transmitting, pursuant to law, a report that the restrictions on the availability of appropriations for the construction of transmission lines from Clark Hill to Greenwood, S. C., Southeastern Power Administration, are no longer applicable; which, with the accompanying papers, was referred to the Committee on Appropriations.

CLAIMS PAID FOR DAMAGE BY NAVAL VESSELS The VICE PRESIDENT laid before the Senate a communication from the Acting Secretary of the Navy, transmit

ting, pursuant to law, a report of the payment of claims for damage occasioned by naval vessels for the fiscal year ended June 30, 1952; which, with the accompanying report, was referred to the Committee on Armed Services.

CLAIMS FOR DAMAGE CAUSED TO NAVY
DEPARTMENT PROPERTY

The VICE PRESIDENT laid before the Senate a communication from the Acting Secretary of the Navy, transmitting, pursuant to law, a report of the settlement of claims for damages caused to Navy Department property for the fiscal year ended June 30, 1952; which, with the accompanying report, was referred to the Committee on Armed Services.

REPORT ON TRANSPORTATION OF NAVAL
PERSONNEL

The VICE PRESIDENT laid before the Senate a communication from the Secretary of the Navy, transmitting, pursuant to law, a report on transportation facilities furnished to and from their places of employment for personnel attached to or employed by Navy establishments for the fiscal year ended June 30, 1952; which, with the accompanying report, was referred to the Committee on Armed Services.

AIR FORCE OFFICERS ASSIGNED TO PERMANENT DUTY AT THE SEAT OF THE GOVERNMENT

The VICE PRESIDENT laid before the Senate a communication from the Director, Legislation and Liaison, Department of the Air Force, transmitting, pursuant to law, a report of the number of Air Force officers assigned or detailed to permanent duty in the executive element of the Air Force at the seat of government for the quarter ended June 30, 1952; which, with the accompanying report, was referred to the Committee on Armed Services.

REPORT OF AGREEMENTS RELATING TO NAVAL PETROLEUM RESERVES

The VICE PRESIDENT laid before the Senate a communication from the Director, Naval Petroleum Reserves, Department of the Navy, transmitting, pursuant to law, a report of agreements entered into under the authority of the act of June 17, 1944, covering the sale of oil and gas products from the naval petroleum reserves during the calendar year 1952; which was referred to the Committee on Armed Services.

OFFICERS OF AIR FORCE ASSIGNED TO PERMANENT DUTY AT THE SEAT OF GOVERNMENT

The VICE PRESIDENT laid before the Senate a communication from the Director, Legislation and Liaison, Department of the Air Force, transmitting, pursuant to law, a report of the number of officers assigned to or detailed to permanent duty in the executive element of the Air Force at the seat of government for the quarter ended September 30, 1952; which was referred to the Committee on Armed Services.

TRANSPORTATION FURNISHED TO PERSONNEL OF THE DEPARTMENT OF THE AIR FORCE The VICE PRESIDENT laid before the Senate a communication from the Director, Legislation and Liaison, Department of the Air Force, transmitting, pursuant to law, a report of transportation service by motor vehicle or water carrier furnished to and from their places of employment, personnel attached to or employed by the Department of the Air Force for the fiscal year ended June 30, 1952; which, with the accompanying report, was referred to the Committee on Armed Services.

TRANSPORTATION FURNISHED TO PERSONNEL OF THE DEPARTMENT OF THE ARMY

The VICE PRESIDENT laid before the Senate a communication from the Acting Secretary of the Army, transmitting, pursuant to law, a report of transportation service furnished by motor vehicle or water carrier to and from their places of employment to personnel attached to or employed by the Department of the Army for the fiscal year ended June 30, 1952; which, with the accompanying report, was referred to the Committee on Armed Services.

ANNUAL REPORT OF UNITED STATES
SOLDIERS' HOME

The VICE PRESIDENT laid before the Senate a communication from the Secretary of the Army, transmitting, pursuant to law, the annual report of the United States Soldiers' Home for the fiscal year ended June 30, 1951; which, with the accompanying papers, was referred to the Committee on Armed Services.

FLIGHT PAY OF CERTAIN AIR FORCE OFFICERS

The VICE PRESIDENT laid before the Senate a communication from the Director, Legislation and Liaison, Department of the Air Force, transmitting, pursuant to law, a report of the average monthly flight pay of officers above the rank of major for the period March 1 to August 31, 1952; which, with the accompanying report, was referred to the Committee on Armed Services.

SEMIANNUAL REPORTS OF THE SECRETARIES OF DEFENSE, ARMY, NAVY, AND AIR FORCE The VICE PRESIDENT laid before the Senate a communication from the Secretary of Defense, transmitting, pursuant to law, the semiannual report of the Secretary of Defense, together with the semiannual reports of the Secretaries of the Army, the Navy, and the Air Force, for the period January 1 to June 30, 1952; which, with the accompanying report, was referred to the Committee on Armed Services.

COAST GUARD CONTRACTS FOR EXPERIMENTAL, DEVELOPMENT, OR RESEARCH WORK

The VICE PRESIDENT laid before the Senate a communication from the Commandant of the United States Coast Guard, transmitting, pursuant to law, a report of contracts executed, by negotiation, for experimental, development, or research work for the Coast Guard, for the period January 1 to June 30, 1952; which, with the accompanying report,

was referred to the Committee on Armed Services.

FINANCIAL CONTRIBUTIONS FOR CIVIL

DEFENSE PURPOSES

The VICE PRESIDENT laid before the Senate a communication from the Acting Administrator of the Federal Civil Defense Administration, transmitting, pursuant to law, a report that no financial contributions were made to the States for civil defense purposes, during the quarter ended September 30, 1952; which was referred to the Committee on Armed Services.

FINANCIAL CONTRIBUTIONS FOR CIVIL

DEFENSE PURPOSES

The VICE PRESIDENT laid before the Senate a communication from the Acting Administrator of the Federal Civil Defense Administration, transmitting, pursuant to law, a report of contributions to the States for civil defense purposes for the quarter ended June 30, 1952; which, with the accompanying report, was referred to the Committee on Armed Services.

ACQUISITIONS OF PROPERTY BY CIVIL
DEFENSE ADMINISTRATION

The VICE PRESIDENT laid before the Senate two communications from the Acting Administrator of the Federal Civil Defense Administration, transmitting, pursuant to law, a report of property acquisitions by the Administration for the quarters ended June 30, 1952, and September 30, 1952, respectively, which were referred to the Committee on Armed Services.

CONTRACTS BY NATIONAL ADVISORY COMMITTEE FOR AERONAUTICS

The VICE PRESIDENT laid before the Senate a communication from the Executive Secretary of the National Advisory Committee for Aeronautics, transmitting, pursuant to law, a report that no contracts were negotiated by the Committee under the Armed Services Procurement Act approved February 19, 1948, for the fiscal year ended June 30, 1952; which was referred to the Committee on Armed Services.

REPORT ON PROFESSORS IN NAVAL
POSTGRADUATE SCHOOL

The VICE PRESIDENT laid before the Senate a communication from the Acting Secretary of the Navy, transmitting, pursuant to law, a report of the number of professors and instructors and the amount of compensation paid to each in the United States Naval Postgraduate School during the fiscal year ended June 30, 1952; which was referred to the Committee on Armed Services.

REPORT ON PROPOSED DISPOSITION OF CONTAMINATED GROUND TALC

The VICE PRESIDENT laid before the Senate a communication from the Acting Administrator of the General Services Administration, transmitting pursuant to law, a copy of a notice to be published in the Federal Register of the proposed disposition of 20,000 pounds of contaminated ground talc now held in the national stockpile; which, with the

accompanying paper, was referred to the Committee on Armed Services.

CORRECTION OF MILITARY AND NAVAL
RECORDS

The VICE PRESIDENT laid before the Senate a communication from the Acting Secretary of the Treasury, transmitting, pursuant to law, a semiannual report of the correction of certain military or naval records, with the name of the claimant, the amount paid, and a brief description of the claim, for the period ended June 30, 1952; which, with the accompanying report, was referred to the Committee on Armed Services.

PROPOSED EAST RIVER CIVIL DEFENSE
PROJECT

The VICE PRESIDENT laid before the Senate a joint communication from the Chairman of the National Security Resources Board and the Administrator of the Federal Civil Defense Administration, transmitting a report of the East River project, relating to measures which may be taken to minimize the effects of attack by atomic, biological, chemical, or other weapons on the population and industry of the United States; which, with the accompanying report, was referred to the Committee on Armed Services.

REPORT ON STOCKPILING PROGRAM

The VICE PRESIDENT laid before the Senate a communication from the Chairman of the Munitions Board, transmitting, pursuant to law, the semiannual report on the stockpiling program for the period ended June 31, 1952, together with a secret statistical supplement; which, with the accompanying papers, was referred to the Committee on Armed Services.

REPORT OF NATIONAL MUNITIONS CONTROL

BOARD

The VICE PRESIDENT laid before the Senate a communication from the executive secretary of the National Munitions Control Board, transmitting, pursuant to law, a confidential report of the Board's activities in the control of the traffic in arms and implements of war for the 6-month period ended December 31, 1952; which, with the accompanying report, was referred to the Committee on Foreign Relations.

SPECIAL REPORT ON FUTURE ACTIVITIES OF THE SMALL DEFENSE PLANTS ADMINISTRATION

The VICE PRESIDENT laid before the Senate a communication from the Administrator of the Small Defense Plants Administration, transmitting, pursuant to law, a special report on the future activities of the Administration; which, with the accompanying report, was referred to the Committee on Banking and Currency.

REPORT ON EXPORT CONTROL

The VICE PRESIDENT laid before the Senate a communication from the Secretary of Commerce, transmitting, pursuant to law, the nineteenth quarterly report on export control for the period ended March 31, 1952; which, with the

accompanying report, was referred to the Committee on Banking and Currency.

REPORT ON EXCHANGE STABILIZATION FUND The VICE PRESIDENT laid before the Senate a communication from the Secretary of the Treasury, transmitting, pursuant to law, a report on the Exchange Stabilization Fund for the fiscal year ended June 30, 1952; which, with the accompanying report, was referred to the Committee on Banking and Currency.

REPORT OF SMALL DEFENSE PLANTS
ADMINISTRATION

The VICE PRESIDENT laid before the Senate a communication from the Administrator of the Small Defense Plants Administration, transmitting, pursuant to law, a quarterly report of the Administration covering its operations for the period ended September 30, 1952; which, with the accompanying report, was referred to the Committee on Banking and Currency.

REPORT OF EXPORT-IMPORT BANK OF
WASHINGTON

The VICE PRESIDENT laid before the Senate a communication from the Chairman of the Export-Import Bank of Washington, transmitting. pursuant to law, the semiannual report of the bank for the period January 1, to June 30, 1952; which, with the accompanying report, was referred to the Committee on Banking and Currency.

REPORT ON EXPORT CONTROL

The VICE PRESIDENT laid before the Senate a communication from the Acting Secretary of Commerce, transmitting, pursuant to law, the twentieth quarterly report on export control for the period ended June 30, 1952; which, with the accompanying report, was referred to the Committee on Banking and Currency.

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BORROWING AUTHORITY UNDER DEFENSE
PRODUCTION ACT

The VICE PRESIDENT laid before the Senate two communications from the respective Directors of the Office of Defense Mobilization, transmitting, pursuant to law, reports for the quarter ended June 30 and September 30, 1952, respectively, on the utilization of borrowing authority under section 304 (b) of the Defense Production Act, as amended; which, with the accompanying reports, were referred to the Committee on Banking and Currency. ANNUAL REPORT OF BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM The VICE PRESIDENT laid before the Senate a communication from the Chairman of the Board of Governors of the Federal Reserve System, transmitting, pursuant to law, the annual report of the Board covering operations during the calendar year 1951; which, with the accompanying report, was referred to the Committee on Banking and Currenсу.

ANNUAL REPORT OF THE HOUSING AND HOME FINANCE AGENCY

The VICE PRESIDENT laid before the Senate a communication from the Ad

ministrator of the Housing and Home Finance Agency, transmitting, pursuant to law, the fifth annual report of the Agency for the calendar year 1951; which, with the accompanying report, was referred to the Committee on Banking and Currency.

ANNUAL REPORT OF RECONSTRUCTION
FINANCE CORPORATION

The VICE PRESIDENT laid before the Senate a communication from the Administrator of the Reconstruction Finance Corporation, transmitting, pursuant to law, the annual report of the Corporation for the fiscal year ended June 30, 1952; which, with the accompanying report, was referred to the Committee on Banking and Currency.

ANNUAL REPORT OF COMTROLLER OF THE
CURRENCY

The VICE PRESIDENT laid before the Senate a communication from the Comptroller of the Currency, transmitting, pursuant to law, his annual report for the calendar year 1951; which, with the accompanying report, was referred to the Committee on Banking and Currency.

ANNUAL REPORT OF DISTRICT OF COLUMBIA REDEVELOPMENT LAND AGENCY

The VICE PRESIDENT laid before the Senate a communication from the Chairman, District of Columbia Redevelopment Land Agency, transmitting, pursuant to law, a report of the Board of Directors of the Agency of its activities and expenditures for the fiscal year 1952; which, with the accompanying report, was referred to the Committee on the District of Columbia,

ANNUAL REPORT ON OPERATION OF TRADEAGREEMENTS PROGRAM

The VICE PRESIDENT laid before the Senate a communication from the Chairman of the United States Tariff Commission, transmitting, pursuant to law, the fourth annual report on the opera-' tion of the trade-agreements program, to replace the mimeographed copy of the report transmitted under date of May 8, 1952; which, with the accompanying report, was referred to the Committee on Finance.

REPORT ON FINANCES OF AMERICAN LEGION

The VICE PRESIDENT laid before the Senate a communication from the director of the National Legislative Commission of the American Legion, transmitting, pursuant to law, a report of the finances of the American Legion for the period ended October 31, 1952; which, with the accompanying report, was referred to the Committee on Finance. SEMIANNUAL REPORT ON THE INTERNATIONAL INFORMATION AND EDUCATIONAL EXCHANGE PROGRAM

The VICE PRESIDENT laid before the Senate a communication from the Secretary of State, transmitting, pursuant to law, a semiannual report of the International Information and Educational Exchange Program for the period July 1 to December 31, 1951; which, with the accompanying report, was referred to the Committee on Foreign Relations.

SEMIANNUAL REPORT OF UNITED STATES ADVISORY COMMISSION ON EDUCATIONAL EXCHANGE

The VICE PRESIDENT laid before the Senate a communication from the Chairman of the United States Advisory Commission on Educational Exchange, transmitting, pursuant to law, the semiannual report of the Advisory Commission for the period January 1 to June 30, 1952; which, with the accompanying report, was referred to the Committee on Foreign Relations.

SEMIANNUAL REPORT OF INTERNATIONAL CLAIMS COMMISSION

The VICE PRESIDENT laid before the Senate a communication from the Acting Secretary of State, transmitting, pursuant to law, the fourth semiannual report of the International Claims Commission for the period from December 31, 1951, to June 30, 1952; which, with the accompanying report, was referred to the Committee on Foreign Relations. REPORTS ON YUGOSLAV EMERGENCY RELIEF ASSISTANCE PROGRAM

The VICE PRESIDENT laid before the Senate two communications from the Under Secretary of State, transmitting, pursuant to law, the sixth and seventh reports on the Yugoslav emergency relief assistance program for the periods March 16 through June 15, 1952, and June 16 through September 15, 1952, respectively; which, with the accompanying reports, were referred to the Committee on Foreign Relations.

IMPORTATION OF CERTAIN WHEAT FROM CANADA

The VICE PRESIDENT laid before the Senate a communication from the Comptroller General of the United States, transmitting a report on the audit of the Bureau of Customs, Treasury Department, for the fiscal year 1952, of the importation into the United States of Canadian wheat classified for customs purposes as "wheat, unfit for human consumption"; which, with the accompanying report, was referred to the Committee on Government Operations.

AUDIT REPORT OF GORGAS MEMORIAL INSTITUTE OF TROPICAL AND PREVENTIVE MEDICINE, INC.

The VICE PRESIDENT laid before the Senate a communication from the Comptroller General of the United States, transmitting, pursuant to law, a report on the audit of Gorgas Memorial Institute of Tropical and Preventive Medicine, Inc., for the fiscal year ended June 30, 1952; which, with the accompanying report, was referred to the Committee on Government Operations.

AUDIT REPORT OF FARMERS HOME
ADMINISTRATION

The VICE PRESIDENT laid before the Senate a communication from the Comptroller General of the United States, transmitting, pursuant to law, a report on the audit of the Farmers Home Administration for the fiscal year ended June 30, 1951; which, with the accompanying report, was referred to the Committee on Government Operations.

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