Page:United States Statutes at Large Volume 49 Part 2.djvu/1385

 PROCLAMATIONS, 1934. 3401 "The President, in his discretion, is authorized by proclamation to vStatutory autboriza· decree that all or part of the taxes collected from the processing of .on . sugar beets or sugarcane in Puerto Rico, the Territory of Hawaii, the Philippine Islands, the Virgin Islands, * * * and/or upon the processing in continental United States of sugar produced in, or coming from, said areas, shall not be covered into the general fund of the Treasury of the United States but shall be held as a separate fund, in the name of the respective area to which related, to be used and ex- pended for the benefit of agriculture and/or paid as rental or benefit payments in connection with the reduction in the acreage, or reduc- tion in the production for market, or both, of sugar beets and/or sugarcane, and/or used and expended for expansion of markets and for removal of surplus agricultural products in such areas, respectively, as the Secretary of Agriculture, with the approval of the President, shall direct." Be tfdtb- NOW, THEREFORE, I, Franklin D. Roosevelt, President of the lisbfct;.ses a United States of America, under and by virtue of the authority vested in me by the afore!)aid section 15 of the Agricultural Adjustment Act, as amended, do hereby proclaim and decree as follows: (1) Until otherwise provided, none of the taxes collected upon the Philippine Islands. Pa&t, pp. 3416, 3422- processing in continental United States of sugar produced in or coming from the Philippine Islands shall be covered into the general fund of the Treasury of the United States, but all of such taxes shall be held as a separate fund in the name of the Philippine Islands to be used and expended for the benefit of agriculture and/or paid as rental or benefit payments in connection with the reduction In the acreage or reduction ill the production for market, or both, of sugar beets and/or sugarcane, and/or used and expended for expansion of markets and for removal of surplus a¢cultural products in the Philippine Islands, as the Secretary of Agnculture, WIth the approval of the President, shall direct. (2) Until otherwise provided, none of the taxes collected from the Puerto Rioo. processing of sugar beets or sugarcane in Puerto Rico and/or upon the processing in continental United States of sugar produced in or coming from Puerto Rico shall be covered into the general fund of the Treasury of the United States, but all of such taxes shall be held as a separate fund in the name of Puerto Rico to be used and expended for the bene- fit of agriculture and/or paid as rental or benefit payments in connec- tion with the reduction 1ll the acreage or reduction in the production for market, or both, of sugar beets and/or sugarcane, and/or used and expended for expansion of markets and for removal of surplus agricul- tural products in Puerto Rico, as the Secretary of Agriculture, with the approval of the President, shall direct. (3) Until othernise provided, none of the taxes collected from the ::.,~:a.p. 3418, 3448. processing of sugar beets or sugarcane in the Territory of Hawaii and/or upon the processing in continental United States of sugar produced in or comlllg from the Territory of Hawaii shall be covered into the general fund of the Treasury of the United States, but all of such taxes shall be held as a separate fund in the name of the Territory of Hawaii to be used and expended for the benefit of agriculture and/or paid as rental or benefit payments in connection with the reduction in the acreage or reductIOn in the production for market, or both, of sugar beets and/or sugarcane, and/or used and expended for expansion of markets and for removal of surplus agricultural products in the Terri- tory of Hawaii, as the Secretary of Agriculture, with the approval of the President, shall direct. (4) Until otherwise provided, none of the taxes collected upon the Virgin Island~. processing in continental United States of sugar produced in or coming from the Virgin Islands shall be covered into the general fund of the Treasury of the United States, but all of such taxes shall be held as a