Page:United States Statutes at Large Volume 59 Part 1.djvu/180

 PUBLIC LAWS-CH. 109-MAY 5, 1945 more in the county, parish, or locality where the purchase is made, as determined by the 1940 farm census; and the Reconstruction Finance Corporation is hereby authorized and directed to lend such sum to the Secretary upon the security of any obligations of borrowers from the Secretary under the provisions of title I of the Bankhead-Jones 50 Stat. 522 . Farm Tenant Act, approved July 22, 1937 (7 U. S . C. 1000-1006): IV,§101 note. Provided, That the amount loaned by the Reconstruction Finance amountitt'. a O n Corporation shall not exceed 85 per centum of the principal amount outstanding of the obligations constituting the security therefor: Repayment. Provided fwrther, That the Secretary may utilize proceeds from payments of principal and interest on any loans made under such title I to repay the Reconstruction Finance Corporation the amount borrowed therefrom under the authority of this paragraph: Provided Increase of RFO further, That the amount of notes, bonds, debentures, and other such obligations which the Reconstruction Finance Corporation is author- ized and empowered to issue and to have outstanding at any one time under existing law is hereby increased by an amount sufficient to carry out the provisions hereof. WATER FACILITIES, ARID AND SEMIARID AREAS To enable the Secretary to carry into effect the provisions of the Act entitled "An Act to promote conservation in the arid and semi- arid areas of the United States by aiding in the development of facilities for water storage and utilization, and for other purposes", S0 stat. 69. approved August 28, 1937, as amended (16 U. S . C . 5 90r-590x, 590z-5), $1,000,000, of which not to exceed $11,000 may be expended for personal services in the District of Columbia. WATER CONSERVATION AND UTILIZATION PROJECTS For expenses necessary to enable the Secretary, through such agen- cies of the Department as he may designate, to carry into effect the 54 Stat. 1119. functions of the Department under the Act of October 14, 1940 (16 16 U. S. C., Supp. IV, §5s9y et sq. U. S.C. 5 90y-z-10), as amended, relating to the construction, opera- tion, and maintenance of water conservation and utilization projects, $1,165,066, to be immediately available and to remain available until expended, which sum shall be merged with the unexpended balances of funds heretofore appropriated or transferred to said Department for the purposes of said Act, including personal services in the District of Columbia; purchase of books of reference and periodicals; and level- ing or otherwise preparing such lands for the utilization of irrigation water, irrespective of ownership. RURAL ELECTRIFICATION ADMINISTRATION To enable the Secretary to carry into effect the provisions of the 49 Stat. 1 .up Rural Electrification Act of 1936, approved May 2 0, 1936, as amended iV', L up05 p (7 U. S . C . 901-914), as follows: Pod, p. 4 Salaries and expenses: For administrative expenses and expenses of studies, investigations, publications, and reports including the salary of the Administrator, Rural Electrification Administration, and other personal services in the District of Columbia and elsewhere; purchase and exchange of books, lawbooks, books of reference, direc- tories, and periodicals; not to exceed $300 for newspapers; and not to exceed $500 for financial and credit reports, $3,200,000. Pot, p. 422. Loans: For loans in accordance with sections 3, 4, and 5 of said 749stat.34, l3s. Act, and for carrying out the provisions of section 7 thereof, Finance Corporation in accordance with the provisions of section 3 (a) of said Act. [59 STAT.
 * snpp. I, 903- $80,000,000, which sum shall be borrowed from the Reconstruction

�