Page:United States Statutes at Large Volume 61 Part 1.djvu/569

 61 STAT.] 80THRCONG. , 1ST SESS.-CH. 356-JULY 30, 1947 Naval Stores Act: To carry into effect the provisions of the Naval Stores Act of March 3, 1923 (7 U. S . C . 91-99), $41,000. Insecticide Act: To carry into effect the provisions of the Act of April 26, 1910 (7 U. S. C. 121 -134), for preventing the manufacture, sale, or transportation of adulterated or misbranded paris greens, lead arsenates, other insecticides, and also fungicides, and for regulating traffic therein, $293,500. Freight rates for farm products: To carry out the provisions of section 201 (a) to 201 (d), inclusive, of title II of the Agricultural Adjustment Act of 1938 (7 U. S . C . 1291), $138,000. COMMODITY EXCHANGE AUTHORITY Commodity Exchange Act: To enable the Secretary to carry into effect the provisions of the Commodity Exchange Act, as amended (7 U. S . C . 1 -17a), including not to exceed $153,000 for personal services in the District of Columbia, $530,000. FARMERS' HOME ADMINISTRATION For expenses necessary, including personal services in the District of Columbia, to carry into effect the provisions of titles I, II, and the related provisions of title IV of the Bankhead-Jones Farm Tenant Act (7 U. S . C . 1000-1029), as amended, the Farmers' Home Administration Act of 1946 (Public Law 731), approved August 14, 1946, and Public Law 563, approved July 30, 1946, as follows: Loans: Title I and section 43, $15,000,000; title II, $60,000,000. Mortgage insurance fund: For the establishment of the farm tenant mortgage insurance fund pursuant to title I, $1,000,000. Sa aries and expenses: For the making and servicing of new loans, insuring mortgages, the servicing and collecting of loans made under prior authority, and the liquidation of assets transferred to Farmers' Home Administration pursuant to the Farmers' Home Administration Act of 1946, $21,000,000. All rights, interests, obligations, and duties of the Reconstruction Finance Corporation arising out of loans made or authorized to be made to the Secretary of Agriculture for the purpose of making rural rehabilitation and farm tenancy loans in accordance with the Depart- ment of Agriculture Appropriation Act of 1947 and prior appropria- tions and loans under the Farmers Home Administration Act of 1946 are, as of the close of June 30, 1947, vested in the Secretary of the Treasury; the Reconstruction Finance Corporation is authorized and directed to transfer, as of the close of June 30, 1947, to the Secretary of the Treasury and the Secretary of the Treasury is authorized and directed to receive all loans outstanding on that date, plus accrued unpaid interest, theretofore made to the Secretary under the provisions of the Acts named above, and all notes and other evidences thereof and all obligations constituting the security therefor. The Secretary of the Treasury shall cancel notes of the Reconstruction Finance Cor- poration, and sums due and unpaid upon or in connection with such notes at the time of such cancellation, in an amount equal to the unpaid principal of the loans so transferred, plus accrued unpaid interest through June 30, 1947. Subsequent to June 30, 1947, the Reconstruc- tion Finance Corporation shall make no further loans or advances to the Secretary and the Secretary of the Treasury is hereby authorized and directed, in lieu of the Reconstruction Finance Corporation, to lend or advance to the Secretary, in accordance with the provisions of the Acts referred to any unobligated or unadvanced balances of the sums which the Reconstruction Finance Corporation has thereto- fore been authorized and directed to lend to the Secretary. For the 95347--48- -pt. 1-85 545 42 Stat. 1435 . Post, p. 618. 36 Stat. 331 . Ante, p. 172. 62 Stat. 36. 49 Stat. 1491. Post, p. 941. 50 Stat. 522, 524, 527. 7U. S.C. §§ 1000- 1009, 1014 -1029. Ante, p. 493. 60 Stat. 1062, 711. 7U.S.C.§1001 note;40U.S.C.§§ 436-439. Ante, p. 55. 50 Stat. 522 ,530,524 . 7U. .C.§§1001- 1005, 1017, 1006 -1009. Supra. 60 Stat. 292. Supra. Transfer of loans, etc. Cancellation of notes. Loans, etc., s ubse- quent to June 30,1947.

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