Page:United States Statutes at Large Volume 49 Part 1.djvu/820

 74 TH CONGR ESS. SESS. I. CH. 641 . AUGUST 24, 1935. 775 commodities and products thereof, and increase the domestic con- sumption of agricultural commodities and products thereof : Pro- provi sos • vided, That no part of the fund s appropriated by this section shall Restr icti ons. be expended pursuant to clause (3) hereof unless the Secretary of Agriculture determines that the expenditure of such part pursuant to clauses (1) and (2) is not necessary to effectuate the purposes of this section : Provided further, That no part of the funds appropri- ated by this section shall be used for the payment of benefits in connection with the exportation of unmanufactured cotton. SEC. 33 . Section 7 of Title 1 of the Agricultural Adjustment Act, Vool. 11, p.210; U. S. as amended by section 221 of the National Industrial Recovery Act cr cotton option con- (48 Stat. 210, 15 U. S. C., art. 607), is amended by striking it out and inserting in lieu thereof the following " SEC. 7. The Secretary shall sell cotton held or acquired b y him 6 Sal ff3cototf n ~heelld b pursuant to authority of this Act at his discretion subject only to two . the conditions and limitations of Title 1 of this Act : Provided, That Proviso- Authority to mak e the Secretary shall have authority to enter into option contracts with cotton option contracts . producers of cotton to sell to or for the producers such cotton held and/or acquired by him in such amounts and at such prices and upon such terms and conditions as he, the Secretary, may deem advisable, and such option contracts may be transferred or assigned in such manner as the Secretary of Agriculture may prescribe. " Notwithstanding any provisions contained in option contracts Validity of contracts heretofore issued and/or any provision of law, assignments made as s, li, 1934.or co prior to January 11, 1934, of option contracts exercised prior to January 18, 1934, shall be deemed valid upon determination by the Secretary that such assignment was an assignment in good faith of the full interest in such contract and for full value and is free from evidence of fraud or speculation by the assignee. " Notwithstanding any provision of existing law, the Secretary mat uo bllication of infor . of Ag ric ultu re may, in the administration of the Agricultural Adjustment Act, make public such information as he deems necessary in order to effectuate the purposes of such Act ." SEC. 34 . Secti on 6 of the Agricultural Adjus tment Act, is hereby CVol.141,p.33; L.s. .1 P . rep ealed. SEC. 3 5 . Secti on 4 (b) of Title 1 of the Agr icultural Adjustment Vol. 48, p. 1058; Ante, Act, as amended by the Emergency Appropriation Act, fiscal year p .115. 1935, is amended by striking out the words " to be available until Availability of ap- March 1, 1936 " and inserting at the end of said section a new propriations . sentence to read as follows : "This sum sh all be avai lable until the cot ton ac quire d by t he Sec retary of A gricul ture u nder author ity of Title 1 of this Act, including cotton futures, shall have been finally marketed by any agency which may have been or may be established by the Secretary of Agriculture for the handling, carrying, insuring, or marketing of any cotton acquired by the Secretary of Agriculture ." SEC. 36 . Section 4 (f) of Title 1 of the Agricultural Adjustment V°1 .48, p. 1059 ; Ante, Act as amended by the Eme rge ncy Appropriation Act fiscal p• 115 . year 1935, is amended by adding at the end thereof a new paragraph to read as follows " The wo rd ` obligation' when use d in this section shall includ e 't ru ed bligation" c on. . (with out be ing li mited to) ad minist rative expen ses, wareho use charges, insurance, salaries, interest, costs, commissions, and other expenses incident to handling, carrying, insuring, and marketing of said cotton ." SEC . 37 . There is hereby authorized to be appropriated the sum Diseased dairy and beef cattle . of $40,000,000, of which sum $10,000,000 is hereby appropriated, Appropri ation au- out of any money in the Treasury not otherwise appropriated s toum i ava for remo val ; Y Y Y il abl e. enable the Secretary of Agricu lture, under rules and reg ula tio ns ns to ti nsles and regula • be promulgated by him and upon such terms as he may prescribe, post, pp .1152, 1450 . to eliminate diseased dairy and beef cattle, including cattle suffer-