War Damage Corporation Act of 1951, Hearings Before a Subcommittee of ..., 82-1 on S. 114, S. 439, S. 1309, and S. 1848 ...,April 18, 19, 24, 25, and July 11, 1951, Volumes 22-23
United States. Congress. Senate. Banking and Currency Committee, United States. Congress. Senate. Committee on Banking and Currency
1952 - 260 pages
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
action addition Administrator agency amended amount appear application arising Association attack authorized Banking basis benefits bill billion bombing buildings carry caused Chairman civil defense civilian claims Commission committee companies concerned Congress consideration considered cost course coverage covered Damage Corporation death Department determined direct effect employers enemy attack established event existing extent facilities Federal Government Fiduciary Agent forces funds give going indemnity industrial injury insurance companies interest issued legislation less liability limited loss matter Mutual necessary obligations Office operation owners paid payment percent personal property possible premium present President problem protection question reasonable received reconstruction reinsurance respect result risk Rule Senator DIRKSEN Senator FREAR Senator SCHOEPPEL statement tion United workers workmen's compensation World York
Page 11 - To determine the character of and the necessity for its obligations and expenditures and the manner in which they shall be incurred, allowed, and paid, subject to the laws applicable specifically to Government corporations.
Page 248 - ... to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended...
Page 251 - Stat. 443), shall apply with respect to any individual who specifically claims such privilege. (c) No department, agency, or official exercising any functions under this act shall publish or disclose information obtained hereunder which is deemed confidential or with reference to which a request for confidential treatment is made by the person furnishing such information unless the head of such department or agency determines that the withholding thereof is contrary to the national interest.
Page 216 - ... the district court of the United States for any district in which such person is found or resides or...
Page 216 - ... no person shall be prosecuted or subjected to any penalty or forfeiture for or on account of any transaction, matter or thing concerning which he may so testify or produce evidence, documentary or otherwise, and no testimony so given or produced shall be received against him upon any criminal investigation or proceeding.
Page 248 - Each such obligation 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 the obligation of the corporation.
Page 251 - Board, on the ground that the testimony or evidence required of him may tend to incriminate him or subject him to a penalty or forfeiture; but no individual shall be prosecuted or subjected to any penalty or forfeiture for or on account of any transaction, matter, or thing concerning which he is compelled, after having claimed his privilege against self-incrimination, to testify or produce evidence, except that such individual so testifying shall not be exempt from prosecution and punishment for...
Page 7 - The Corporation, including its franchise, its capital, reserves, and surplus, and its income shall be exempt from all taxation now or hereafter imposed by the United States, by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority...
Page 215 - SEC. 703. (a) Except as otherwise specifically provided, the President may delegate any power or authority conferred upon him by this Act to any officer or agency of the Government, including any new agency or agencies (and the President is hereby authorized to create such new agencies, other than corporate agencies, as he deems necessary), and he may authorize such redelegations by that officer or agency as the President may deem appropriate.