Page:United States Statutes at Large Volume 60 Part 1.djvu/160

 60 STAT.] 79TH CONG. , 2D SESS.- CH. 243 -APR. 30, 1946 hereafter issued by the War Damage Corporation. The War Dam- age Corporation is hereby prohibited from providing for or paying compensation for war damage in the Philippines except to the extent provided in its policies of insurance heretofore or hereafter issued in consideration of a premium paid therefor. SEC. 110. The classes of property enumerated in this section, whether situated in the Philippines or elsewhere, are hereby excluded from protection, compensation, or consideration under this title, and the Commission shall not make any payment, directly or indirectly, on account of loss of or damage to such classes of property: (1) Accounts, bills, records, films, plans, drawings, formulas, cur- rency, deeds, evidences of debt, securities, money, bullion, furs, jew- elry, stamps, precious and semiprecious stones, works of art, antiques, stamp and coin collections, manuscripts, books and printed publica- tions more than fifty years old, models, curiosities, objects of his- torical or scientific interest, and pleasure watercraft and pleasure aircraft: Provided, however, That such protection, compensation, or consideration shall extend to such of the foregoing items as may have constituted inventories, supplies or equipment for carrying on a trade or business within the Philippines; (2) Vessels and watercraft, their cargoes and equipment, except (a) vessels used or intended to be used exclusively for storage, hous- ing, manufacturing, or generating power, (b) vessels while under construction until delivery by the builder, or sailing on delivery or trial trip, whichever shall first occur, (c) watercraft and commercial vessels of Philippine registry and watercraft of Philippine or Amer- ican ownership, in harbors and territorial and inland waters of the Philippines, and (d) cargoes and equipment on vessels and water- craft described in (a), (b) and (c) above; except as modified by and subject to clauses (1) and (5) of this section; (3) Intangible property; (4) Property diverted to the Philippine Islands, by authority of the United States Government or otherwise, as a result of war con- ditions; and (5) Property in transit (a) which at the time of loss or damage was insured against war perils, or (b) with respect to which insur- ance against such perils was available, at the time of loss or damage either at reasonable commercial rates or from the United States Maritime Commission. SEC. 111. All departments, commissions, offices, agencies, and instrumentalities of the United States Government, upon the written request of the Commission, are authorized to make delivery and con- veyance to designated claimants, or to the Commission, of any sur- plus property of the United States in the Philippines deemed by the Commission to be similar to that for which compensation is requested, or to be suitable for the rebuilding or repair of the property damaged or destroyed. The transfer of such property to such claimants shall be at the fair value of the property as agreed by the Commission and the disposal agency. The Commission shall pay such fair value to the disposal agency. SEC. 112. The War Damage Corporation is authorized and directed to consult with, and in every manner possible to assist and cooperate with, the Commission, to aid the Commission in its performance of duties hereunder, and to make available to or deliver to the Commis- sion all records, claims, files, and other documents in its possession pertaining to Philippine claims. The Commission is authorized to give such weight as it may deem proper to any reports, certificates, or recommendations of the War Damage Corporation, or its adjusters or claims service offices. 133 Property excluded. Inventories, sup- plies, or equipment. Vessels, etc., ex- cepted. Transfer of surplus property in Philip- pines. Assistance of War Damage Corporation.

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