Page:United States Statutes at Large Volume 48 Part 1.djvu/82

 56 73 d CONGRESS. SESS. I. CH. 30. MAY 12, 1933 . Increas e of corpora - (b) The amount of notes, debentures, bonds, or other such obliga- tion obligations, au- s > > thorized. tions which the Reconstruction Finance Corporation is authorized ed Vol. 47, p. 9, amend- and empowered under section 9 of the Reconstruction Finance Cor- poration Act, as amended, to have outstanding at any one time is Provisol i ncre ased by $500,000,000 : Provided, That no such additional notes, Iss ue d iscre tiona ry. debentures, bonds, or other such obligations authorized by this sub- section shall be issued except at such times and in such amounts as the President shall approve. Approval of relief ap- (c) A fter the expi ration of ten days after th e date upon w hich plications by Corpora- tion to cease. the Federal Emergency Relief Administrator has qualified and has Vol. 47, p. 709. taken office, no application shall be approved by the Reconstruction Finance Corporation under the provisions of title I of the Emer- Ad min ist ra tor to gency Relief and Construction Act of 1932, and the Federal Emer- have access to Corpo- g ration files. ency Relief Administrator shall have access to all files and records of the Reconstruction Finance Corporation relating to the adminis- tration of funds under title I of such Act. At the expiration of such ten-day period, the unexpended and unobligated balance of the funds autho rized u nder t itle I of such Act s hall be availa ble fo r the p urposes of this Act. Fe der al Emergency SEC. 3 . (a) There is hereby created a Federal Emergency Relief Relief Administration created. Administration, all the powers of which shall be exercised by a Fed- Administ rator ; eral Emergency Relief Administrator (referred to in this Act as the powers, salary, etc. "Administrator ") to be appointed by the President, by and with the Travel and subsist- advice and consent of the Senate. The Admi nist rato r sh all rece ive a ence. salary to be fixed by the President at not to exceed $10,000, and neces- sa ry t rave ling and sub sist ence exp ense s wi thin the lim itat ions pre - scribed by law for civilian employees in the executive branch of the Government. The Federal Emergency Relief Administration and Duration of office. the office of Federal Emergency Relief Administrator shall cease to exist upon the expiration of two years after the date of enactment Unexpended balance. Of this A ct, and the un expended bala nce on such d ate of any fun ds made available under the provisions of this Act shall be disposed of as the Congress may by law provide. Exp ert s and other (b) The Administrator may appoint and fix the compensation emplo yees. of such experts and their appointment may be made and compensation Civil servi ce and fixed without regard to the civil service laws, or the Classification t 1 PP y tion Acts not Act of 1923, as amended, and the Administrator may, in the same U. S .C., p . 65; Supp. manner, appoint and fix the compensation of such other officers and VI, p.31. employees as are necessary to carry out the provisions of this Act, salary restriction. but such compensation shall not exceed in any case the sum of $8,000 and may make such expenditures (including expenditures for per- sonal services and rent at the seat,of government and elsewhere and Expenses . for printing and binding), not to exceed $350,000, as are necessary to carry out the provisions of this Act, to be paid by the Reconstruc- tion Finance Corporation out of funds made available by this Act upon presentat ion of vouche rs approved b y the Administ rator or by an officer o f the Adminis tration desig nated by him f or that pu r- Control of state ad- pose. The Admin istrat or may, und er rul es and regu lation s pre- ministrations . scribed by the President, a ssume control of the admini stration in any Sta te or S tates w here, in his judgmen t, mor e effec tive an d effi cient cooperation between the State and Federal authorities may thereby be secured in carrying out the purposes of this Act. Investigations, etc. (c) In executing any of the provisions of this Act, the Adminis- trator, and any person duly authorized or designated by him, may conduct any investigation pertinent or material to the furtherance of the purpose s of th is Act and, a t the r equest of the Presid ent, s hall make such further investigations and studies as the President may deem necessary in dealing w ith problems of unemploymen t relief.