Page:United States Statutes at Large Volume 63 Part 1.djvu/91

 63 STAT.] 81ST CONG. , 1ST SESS.-CH. 77 -APR. 19, 1949 "(j) The Administrator shall, in providing assistance in the pro- curement of commodities in the United States, make available United States dollars for marine insurance on such commodities where such insurance is placed on a competitive basis in accordance with normal trade practices prevailing prior to the outbreak of World War II. " (k) No funds authorized for the purposes of this title shall be used in the United States for advertising foreign products or for advertis- ing foreign travel. "(1) No funds authorized for the purposes of this title shall be used for the purchase in bulk of any commodities (other than commodities procured by or in the possession of the Commodity Credit Corpora- tion pursuant to price-support programs required by law) at prices higher than the market price prevailing in the United States at the time of the purchase adjusted for differences in the cost of transporta- tion to destination, quality, and terms of payment." SEC. 8. (a) Section 114 (c) of such Act is hereby amended in the following particulars: (1) By striking out the period at the end of the first sentence thereof and inserting in lieu thereof a colon and the following: "Pro- vided further, That, in addition to the amount heretofore authorized and appropriated, there are hereby authorized to be appropriated for carrying out the provisions and accomplishing the purposes of this title not to exceed $1,150,000,000 for the period April 3, 1949, through June 30, 1949, and not to exceed $4,280,000,000 for the fiscal year ending June 30, 1950: Providedfurther, That, in addition to the fore- going, any balance, unobligated as of June 30, 1949, or subsequently released from obligation, of funds appropriated for carrying out and accomplishing the purposes of this title for any period ending on or prior to that date is hereby authorized to be made available for obliga- tion through the fiscal year ending June 30, 1950, and to be transferred to and consolidated with any appropriations for carrying out and accomplishing the purposes of this title for said fiscal year."; and (2) By amending the last sentence of such section 114 (c) to read as follows: "The authorizations in this title are limited to the period ending June 30, 1950, in order that the Congress may pass on any subsequent authorizations." (b) Section 114 of such Act is hereby further amended by adding at the end thereof the following new subsection: "(g) Notwithstanding the provisions of any other law, until such time as an appropriation additional to that made by title I of the Foreign Aid Appropriation Act, 1949 (Public Law 793, Eightieth Congress), shall be made pursuant to subsection (c) of this section the Reconstruction Finance Corporation is authorized and directed to make advances not to exceed in the aggregate $1,000,000,000 to carry out the provisions of this title, in such manner, at such times, and in such amounts as the Administrator shall request, and no interest shall be charged on advances made by the Treasury to the Reconstruction Finance Corporation for this purpose. The Reconstruction Finance Corporation shall be repaid without interest for advances made by it hereunder, from funds made available for the purposes of this title." SEC. 9. (a) Paragraph (6) of section 115 (b) of such Act is hereby amended by striking out the period following the words "grant basis" and inserting in lieu thereof a colon and the following: "Provided, That the obligation to make such deposits may be waived, in the discretion of the Administrator, with respect to technical information or assistance furnished under section 111 (a) (3) of this title and with respect to ocean transportation furnished on United States flag vessels under section 111 of this title in an amount not exceeding the amount, as determined by the Administrator, by which the charges 53 Marine insurance. Restriction on use of funds. Purchase of com- modities in bulk. 62 Stat. 149. 22 U. S. C., Supp. II, §1512 (c). Additional appro- priation authorized. Post, pp. 709,710. Unobligated bal- ance. 62 Stat. 149. 22 U. S. C., Supp. II, § 1512 (c). 62 Stat. 149 . 22 U. S. C., Supp. 1,§ 1512. 62 Stat. 1055. Advances by RFC. 62 Stat. 151. 22 U. S. C., Supp. II, 1513 (b) (6). Waiver on deposits. 62 Stat. 144. 22 U. S. C., Supp. n, 1509(a) (3).

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