Supplemental Government Corporations Appropriation Bill for 1948: Hearings Before the Subcommittee of the Committee on Appropriations, House of Representatives, Eightieth Congress, First Session |
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Common terms and phrases
activities administrative expenses agreements amended amount applicable approximately Assets Administration authority banks bill board of directors budget docu BURROWS business enterprises business loans capital Chairman committee contracts Corporation's cost cover custodian banks Damage Corporation declared surplus Defense Homes Corporation Defense plants program disbursements Estimate reduced Executive Order facilities Federal Housing Administration Federal Loan Administrator Federal National Mortgage Finance Corporation Act fiscal year 1948 funds GOODLOE GOVERNMENT CORPORATIONS intragovernmental transactions June 30 lease legislation liquidation loans and investments long tons metals and minerals miscellaneous receipts note account obligations Office operation outstanding participation Plants Corporation PLOESER production provisions Public Law 132 purchase purpose pursuant Reconstruction Finance Corporation revised RFC Act Rubber program schedule Secretary securities small business Smaller War Plants Strategic metals Strategic supplies program subsidies surplus property Surplus Property Act synthetic rubber termination tion Total transferred Treasury U. S. Commercial Company United War Assets Administration
Popular passages
Page 77 - Whoever makes any statement knowing it to be false, or whoever willfully overvalues any security, for the purpose of obtaining for himself or for any applicant any loan or extension thereof by renewal, deferment of action, or otherwise, or the acceptance, release, or substitution, of security therefor...
Page 76 - ... 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 76 - ... to be redeemable at the option of the corporation before maturity in such manner as may be stipulated in such obligations, and...
Page 77 - If any provision of this Act, or the application of such provision to any person or circumstances, shall be held invalid, the remainder of this Act, or the application of such provision to persons or circumstances other than those as to which it is held invalid, shall not be affected thereby.
Page 76 - 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 18 - 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...
Page 74 - Federal ; to select, employ, and fix the compensation of such officers, employees, attorneys, and agents as shall be necessary for the transaction of the business of the corporation, without regard to the provisions of other laws applicable to the employment and compensation of officers or employees of the United States...
Page 76 - 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 75 - Any loan made under this section shall be of such sound value, or so secured, as reasonably to assure repayment.
Page 76 - 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 72d CONGRESS.