Promotion of United States Exports: Hearing, Eighty-seventh Congress, First Session, August 30, 1961
United States. Congress. House. Committee on Banking and Currency, United States. Congress. House. Committee on Banking and Currency. Subcommittee No. 3
U.S. Government Printing Office, 1961 - Credit insurance - 156 pages
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agency Agreement amended American Export amount authority basis believe bill Board of Directors buyer capital cause Chairman claims commercial committee CONGRESS THE LIBRARY contract Corporation cover credit insurance credit risks determined direct Directors dollars effect established Eximbank export credit guarantee Export-Import Bank extent Federal financing FINNEGAN foreign funds going Government Import income institutions insurance companies interest involved issued less LIBRARY OF CONGRESS limited LINDER loss major means meet ment million months MULTER necessary notice offer operation organization outstanding paid participate payment percent period political risk possible preferred premium Pres present proposed reason received reinsurance represent reserve respect SCAFURO Secretary Senate shares shipments specific thereof tion trade transactions transfer Treasury underwriting United WIDNALL YORK
Page 1 - That the management of the Corporation shall be vested in a board of directors, consisting of...
Page 23 - If any provision of this Act, or the application of such provision to any person or circumstance, 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 8 - ... 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, except that any real property of the Corporation shall be subject to State, Territorial, county, municipal, or local taxation to the same extent according to its value as other real property is taxed.
Page 19 - 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 bank.
Page 51 - Bank shall be to aid in financing and to facilitate exports and imports and the exchange of commodities between the United States or any of its Territories or insular possessions and any foreign country or the agencies or nationals thereof.
Page 7 - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations to be issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued, under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of such notes and obligations.
Page 50 - ... for the benefit of citizens of the United States, including corporations, partnerships, and associations organized and existing under the laws of the United States...
Page 32 - I am directing the President of the Export-Import Bank, by April 1, to prepare and submit to the Secretary of the Treasury, as Chairman of the National Advisory Council on International Monetary and Financial Problems, a new program under the Export-Import Bank to place our exporters on a basis of full equality with their competitors in other countries.
Page 26 - ... in such amounts as may be specified from time to time in appropriation acts...
Page 27 - Secretary, but not exceeding $100 per day, including travel time, and while so serving away from their homes or regular places of business they may be allowed travel expenses, including per diem in lieu of subsistence, as authorized by section 5 of the Administrative Expenses Act of 1946 (5 USC 73b-2) for persons in the Government service employed intermittently.