Page:United States Statutes at Large Volume 58 Part 1.djvu/476

 456 PUBLIC LAWS-CH. 296--J UINE 2, 1i44 LOa isTAT. 42Stat.1488. tion of experts without regard to the Classification Act of 1923, as Supp.IIl, §66seq. amended; purchase of lawbooks, books of reference, periodicals, and newspapers; purchase, operation, and maintenanace of motor-pro- pelled passenger-carrying vehicles; and printing and binding: Pro- Semiannual report vided, That the War Food Administrator shall transmit to the Con- to Congress. to onggress. semiannually a progress report with respect to the liquidation of Federal rural rehabilitation projects, under his supervision, show- ing by name and by States all dispositions of such projects, or parts thereof, together with the amounts of Federal funds expended in the process of liquidation, and any losses incurred in the use of such funds. Work paeyment. In making any grant payments under this Act, the Secretary is authorized to require with respect to such payments the perform- ance of work on useful public projects. Federal and non-Federal, including work on private or public land in furtherance of the con- bDiabiity or dea th servation of natural resources, and the provisions of the Act of 48 tat. 351. February 15, 1934 (5 U. S . C . 796), as amended, relating to disability 5 U. S. C., Supp. im, 796. up or death compensation, and benefits shall apply to those persons performing such work: Provided, That this section shall not apply to any case coming within the purview of the workmen's compensa- tion law of any State, Territory, or possession, or in which the claimant has received or is entitled to receive similar benefits for injury or death. ances from For additional funds for the purpose of making rural rehabilita- tion loans to needy individual farmers, who are unable to obtain credit elsewhere at comparable rates for the area where such loan is proposed to be made, the Reconstruction Finance Corporation is authorized and directed to make advances to the Secretary upon his request in an aggregate amount of not to exceed $67,500,000. Such advances shall be made (1) with interest at not to exceed the rate of 3 per centum per annum payable semiannually; (2) upon the security of obligations acceptable to the Corporation heretofore or hereafter acquired by the Secretary pursuant to law; (3) in amounts which shall not exceed 75 per centum of the then unpaid principal amount of the obligations securing such advances; and (4) upon such other terms and conditions, and with such maturities, as the Corporation Repayment. may determine. The Secretary shall pay to the Corporation, cur- rently as received by him all moneys collected as payments of prin- cipal and interest on the loans made from the amounts so advanced or collected upon any obligations held by the Corporation as security obingCti of RFO for such advances, until such amounts are fully repaid. The amount of notes, debentures, bonds, or other such obligations which the Corporation is authorized and empowered to issue and to have out- standing at any one time under the provisions of law in force on the date this Act takes effect is hereby increased by an amount suffi- cient to carry out the provisions of this paragraph. LofLd on Use None of the moneys appropriated or otherwise authorized under this caption "Loans, grants, and rural rehabilitation", shall be used for (1) the purchase or leasing of land or for the carrying on of any land-purchase or land-leasing program; (2) the carrying on of any operations in collective farming, or cooperative farming, or the organization, promotion or management of homestead associations, land-leasing associations, land-purchasing associations, or cooperative land purchasing for colonies of rehabilitants or tenant purchasers, except for the liquidation as expeditiously as possible of any such projects heretofore initiated; or (3) the making of loans to any indi- vidual farmer in excess of $2,500; or (4) the making of loans to any cooperative association; or (5) the making of loans for the payment r roCn m_ .... .... ..... ... JJ

�