Page:United States Statutes at Large Volume 58 Part 1.djvu/804

 PUBLIC LAWS-CH. 479-OCT. 3, 1944 Measures should be taken to realize the greatest possible value from termination inventories. (b) In advance of termination, to the maximum extent practi- cable- (1) each contracting agency shall advise its war contractors of the classes of termination inventory the contracting agency will wish to retain for military purposes; and (2) the Board shall establish procedures for advising war contractors as to the care and handling and disposition of ter- mination inventory not required for military purposes, in order to effectuate the policies stated in subsection (a) of this section Ank, p. 8. and the policies of section 11 (a) (3) of the Contract Settlement Act of 1944. (c) To the extent that it is impracticable so to advise war con- tractors in advance of termination, the contracting agencies and the Board shall be prepared to give such advice as soon as practicable after termination of the war contract. (d) The Board and the Director of Contract Settlement shall cooperate in carrying out the provisions of this section. (e) For the purposes of this section, the terms "contracting agency", "termination inventory", and "war contractor" shall have Ante,p. 60. the meanings assigned to such terms by section 3 of the Contract Settlement Act of 1944. INCREASE IN LOAN RATE ON COTrON AUe, p. 6. SEC. 37. (a) Section 8 (a) (1) of the Stabilization Act of 1942, as amended (relating to loans upon certain agricultural commodities), is amended by striking out "at the rate in the case of cotton of 921/2 per centum" and inserting in lieu thereof "at the rate in the case of cotton of 95 per centum". (b) The amendment made by this section shall be applicable only with respect to crops harvested after December 31, 1943, but shall not apply to crops planted after 1944. In the case of loans made under such section 8 upon any of the 1944 crop of cotton before the amend- ment made by this section takes effect, the Commodity Credit Corpo- ration is authorized and directed to increase or provide for increasing the amount of such loans to the amount of the loans which would have been made if the loan rate specified in the amendment made by this section had been in effect at the time the loans were made. EXPIRATIoN DATE SEC. 38. Unless extended by law this Act shall expire at the end of three years following the date of the cessation of hostilities in the present war. For the purposes of this section the term "date of the cessation of hostilities in the present war" means the date proclaimed by the President as the date of such cessation, or the date specified in a concurrent resolution of the two Houses of Congress as the date of such cessation, whichever is the earlier. SEPARABILrTx OF PROVISIONS SEC. 39. If any provision of this Act, or the application of such provision to any person or circumstance, is held invalid, the remainder of this Act or the application of such provision to persons or cir- cumstances other than those as to which it is held invalid, shall not be affected thereby. Approved October 3, 1944. 784 [58 STAT.

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