Page:United States Statutes at Large Volume 65.djvu/1091

 65 S T A T. ]

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PROCLAMATIONS — J U N E 19, 1951

ACTIVATION AND OPERATION OF VESSELS FOR TRANSPORTATION OF S U P PLIES UNDER SECTION 5 OF THE INDIA EMERGENCY FOOD A I D ACT OF

1951 BY THE PRESIDENT OF THE UNITED STATES OF AMERICA

June 19, 1951 [No. 29.31]

A PROCLAMATION WHEREAS section 5 of the India Emergency Food Aid Act of 1951, approved June 15, 1951, provides that, notwithstanding the provisions of any other hiw, to the extent that the President, after consultation with appropriate Government officials and representatives of private shipping, finds and proclaims that private shipping is not available on reasonable terms and conditions for transportation of supplies made available under the said Act, the Reconstruction Finance Corporation is authorized and directed to make certain advances to the Department of Commerce as the President shall determine, for activation and operation of vessels for such transportation under the conditions specified in the said section 5; and WHEREAS I have consulted with appropriate Government officials and representatives of private shipping concerning the availability on reasonable terms and conditions of private shipping for transportation of supplies made available under the said Act, as required by section 5 thereof; and WHEREAS as a result of such consultation it appears that private shipping is not available on reasonable terms and conditions for transportation of supplies made available under the said Act; and WHEREAS I accordingly deem it necessary and appropriate to exercise the authority set forth in section 5 of the said Act, in effectuation of the purposes of the Act: NOW, THEREFORE, I, HARRY S. TRUMAN, President of the United States of America, under and by virtue of the authority vested in me by the Constitution and the laws of the United States, including the said India Emergency Food Aid Act of 1951 (hereinafter referred to as the Act) and the act of August 8, 1950, c. 646, 64 Stat. 419, do find and proclaim as follows: 1. After consultation with appropriate Government officials and representatives of private shipping, I find and proclaim that private shipping is not available on reasonable terms and conditions for transportation of supplies made available under the India Emergency Food Aid Act of 1961. 2. The Reconstruction Finance Corporation is hereby authorized and directed to make advances not to exceed in the aggregate $20,000,000 to the Department of Commerce for activation and operation of vessels for such transportation, subject to the terms and conditions of the Act, and in the manner hereinafter specified. 3. The Director of the Bureau of the Budget is hereby authorized and directed to determine the amounts of such advances and the times when they may be made, subject to the limitations and provisions of section 5 of the Act, and the Reconstruction Finance Corporation shall make advances thereunder pursuant only to such determinations by the Director of the Bureau of the Budget. 4. The Secretary of Commerce may place such advances in any funds or accounts available for such purposes, and, pending repayment of such advances, may place receipts from vessel operations in such funds or accounts and may use such receipts for activating and operating vessels.

Ante, p. 70.

Ante, p. 69. 3 U.S.C. §§301-303. Nonavailability of private shipping.

Ante, p. 69. Advances by RFC.

Determinations by Director of Bureau of Budget. Ante, p. 70.

Placement of funds.

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