Page:United States Statutes at Large Volume 67.djvu/415

 67 S T A T. ]

PUBLIC LAW 195-AUG. 5, 1953

379

Construction and equipment, geomagnetic station: For expenses necessary for construction and equipment of a geomagnetic station, as authorized by the Act of May 13, 1952 (66 Stat. 70), $750,000, to remain available until expended. BUREAU OF FOREIGN AND DOMESTIC COMMERCE

Departmental salaries and expenses: For necessary expenses of the Bureau of Foreign and Domestic Commerce at the seat of government, including the purchase of commercial and trade reports, $2,650,000: Provided, That expenses of field studies or surveys conducted by departmental personnel of the Bureau shall be payable from the amount herein appropriated. Field office service: For expenses necessary to operate and maintain regional, district, and cooperative branch offices for the collection and dissemination of information useful in the development and improvement of commerce throughout the United States and its possessions, $1,650,000. MARITIME ACTIVITIES

Ship construction (liquidation of contract authorization): For an additional amount for "Ship construction", for the payment of obligations incurred on or after July 1, 1946, pursuant to authority heretofore granted under this head to enter into contracts for ship construction, reconditioning, and betterments, $59,000,000, to remain available until expended. Operating-diflferential subsidies: For the payment of obligations incurred for operating-differential subsidies granted on or after January 1, 1947, as authorized by the Merchant Marine Act, 1936, as amended, and in appropriations heretofore made to the United States Maritime Commission, $20,000,000, to remain available until expended: Provided, That to the extent that the operating-differential subsidy accrual (computed on the basis of parity) is represented on the operator's books by a contingent accounts receivable item against the United States as a partial or complete offset to the recapture accrual, the operator (1) shall be excused from making deposits in the special reserve fund, and (2) as to the amount of such earnings the deposit of which is so excused shall be entitled to the same tax treatment as though it had been deposited in said special reserve fund. To the extent that any amount paid to the operator by the United States reduces the balance in the operator's contingent receivable account against the United States, such amount, unless it is forthwith deposited in the fund, shall be considered as withdrawn under section 607 (h) of the Merchant Marine Act, 1936, as amended: Provided further, That nothing contained in this Act, or in any prior appropriation Act, shall be construed to affect the authority provided in section 603 (a) of the Merchant Marine Act, 1936, as amended, (1) to grant operating-differential subsidies on a long-term basis, and (2) to obligate the United States to make future payments in accordance with the terms of such operating-differential subsidy contracts: Provided further, That no part of the foregoing appropriation shall be available for obligation, nor any obligation made, for the payment of an operating-differential subsidy for any number of voyages, during the current fiscal year, in excess of sixteen hundred, which number shall include the number of voyages under contracts hereafter awarded and of which one hundred shall be for operators who have not held contracts prior to July 1, 1952. Salaries and expenses: For expenses necessary for carrying into effect the Merchant Marine Act, 1936, and other laws administered by the Federal Maritime Board and the Maritime Administration, $15,500,000, within limitations as follows;

49 st^a^. i9zs.

46 USC 1177. 46 USC 1173.

46 USC 124s.

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