Page:United States Statutes at Large Volume 48 Part 1.djvu/231

 73d CONG RESS. SESS. I. CH. 90. JUNE 16, 1933 . 205 and supervisory positions), so far as practicable and feasible, no individual directly employed on any such project shall be permitted to work more than thirty hours in any one week ; (3) that all em- wage scales . ployees shall be paid just and reasonable wages which shall be compensation sufficient to provide, for the hours of labor as limited, a standard of living in decency and comfort ; (4) that in the employ- "refe rences . ment of labor in connection with any such project, preference shall be given, where they are qualified, to ex-service men with dependents, and then in the following order : (A) To citizens of the United States and aliens who have declared their intention of becoming citizens, who are bona fide residents of the political subdivision and/or county in which the work is to be performed, and (B) to citizens of the United States and aliens who have declared their intention of becom- ing citizens, who are bona fide residents of the State, Territory, or district in which the work is to be performed : Provided, That these Proviso. preferences shall apply only where such labor is available and quali- plible. pre ferencasap fied to perform the work to which the em ployment relates ; a nd (5) that the maximum of human labor shall be used in lien of Use of human labor . machi nery where ver pract icabl e an d con siste nt wi th s ound econo my and public advantage. SEC. 207. (a) For the purpose of expediting the actual construe- Assignments by con- tion of public works contemplated by this title and to provide a tr actor aut horiz ed. means of financial assistance to persons under contract with the United States to perform such construction, the President is author- ized and empowered, through the Administrator or through such other agencies as he may designate or create, to approve any assign- Approval required. ment executed by any such contractor, with the written consent of Co nsent of suret ies the surety or sureties upon the penal bond executed in connection with his contract, to any national or State bank, or his claim against the United States, or any part of such claim, under such contract ; and any assignment so approved shall be valid for all purposes, not- R.S , se es . 3477, 3737, withstanding the provisions of sections 3737 and 3477 of the Revised pus .b ..3pp .ss7,ls1o Statutes, as amended. (b) The funds received by a contractor under any advances made Fund s received in consideration of assign- in consideration of any such assignment are hereby declared to be ment to be trust funds trust funds in the hands of such contractor to be first applied to the payment of claims of subcontractors, architects, engineers, sur- veyors, laborers, and material men in connection with the project, to the payment of premiums on the penal bond or bonds, and pre- m iums accru ing durin g the cons truc tion of su ch p rojec t on insu r- ance policies taken in connection therewith. Any contractor and Pe nalty for misa ppli - any offic er, direc tor, or a gent of a ny such c ontractor, who app lies, or cation. consents to the application of, such funds for any other purpose and fails to pay any claim or premium hereinbefore mentioned, shall be deemed guilty of a misdemeanor and shall be punished by a fine of not more than $1,000 or by imprisonment for not more than one year, or by both such fine and imprisonment. (c) Nothing in this section shall be considered as imposing upon Assignee not liable . the ass ignee any ob ligati on to see to the pr oper a pplica tion o f the funds advanced by the assignee in consideration of such assignment. SUBSISTENCE HOMESTEADS Subsistence home- steads. Executive Order SEC. 208. To provide for aiding the redistribution of the overbal- 1933 ber szos, duly zl, ance of popul ation in ind ustria l cent ers $25 ,000,0 00 is hereby made Lo ans for purc hase of, a uthorized. available to the President, to be used by him through such agencies Amount available. as he may establish and under such regulations as he may make, for making loans for and otherwise aiding in the purchase of subsistence homesteads. The moneys collected as repayment of said loans shall s titut e Repayments revolving fund.