Page:United States Statutes at Large Volume 75.djvu/571

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STAT.]

531

PUBLIC LAW 87-25 6 - S E P T. 21, 1961

(3) For the purpose of assisting foreign students in making the best use of their opportunities while attending colleges and universities in the United States, and assisting such students in directing their talents and initiative into channels which will make them more effective leaders upon return to their native lands, the President may make suitable arrangements, by contract or otherwise, for the establishment and maintenance at colleges and universities in the United States attended by foreign students of an adequate counseling service, (4) The President is authorized to provide for publicity and promotion (including representation) abroad of activities of the type provided for in this Act. (f) All persons employed or assigned to duties under this Act shall be investigated with respect to loyalty and suitability in accordance with standards and procedures established by the President. SEC. 105. (a) Appropriations to carry out the purposes of this Act, to remain available until expended, are herebj'^ authorized, and this authorization includes the authority to grant, in any appropriation Act, the authority to enter into contracts, within the amounts so authorized, creating obligations in advance of appropriations. (b) Funds appropriated for programs under this Act may, without regard to section 3651 of the Revised Statutes (31 U.S.C. 543), be used for the acquisition from any source of foreign currencies in such amounts as may be necessary for current expenditures and for grants, including grants to foundations and commissions in accordance with international agreements providing for the accomplishment of the purposes of this Act. (c) Moneys appropriated to any department or agency of the Government in furtherance of the purposes of this Act for research, technical aid, and educational and cultural programs, may be transferred by the President to any other appropriation available for like purposes, but no appropriation authorized by this Act shall be increased or decreased by more than 10 per centum by reason of transfers pursuant to this paragraph. (d) The President is authorized— (1) to reserve in such amounts and for such periods as he shall determine to be necessary to provide for the programs authorized by subsections 102(a)(1) and 102(a)(2)(i), and (2) notwithstanding the provisions of any other law, to use in such amounts as may from time to time be specified in appropriation Acts, to the extent that such use is not restricted by agreement with the foreign nations concerned, for any programs authorized by this Act, any currencies of foreign nations received or to be received by the United States or any agency thereof— (i) under agreements disposing of surplus property or settling lend-lease and other war accounts concluded after World W a r II; (ii) as the proceeds of sales or loan repayments, including interest, for transactions heretofore or hereafter effected under the Agricultural Trade Development and Assistance Act of 1954, as amended; (iii) in repayment of principal or interest on any other credit extended or loan heretofore or hereafter made by the United States or any agency thereof; or

Counseling service.

P u b l i c i t y and promotion abroad. Investigation of employees. Appropriations.

Foreign currencies. Acquisition.

Transfers funds.

of

Reserve and use of certain ftinds.

68 Stat. 454. 7 USC 1691 note.

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