Page:United States Statutes at Large Volume 81.djvu/489

 81 STAT.]

PUBLIC LAW 9 0 - 1 3 7 - N O V. 14, 1 % 7

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C H A P T E R 5—CONTINGENCY F U N D SEC. 112. Section 451 of the Foreign Assistance Act of 1961, as goltal^'^soi^'^' amended, which relates to the contingency fund, is amended by strik22 USC 2261. ing out "1967" and "$110,000,000" and substituting "1968" and "$50,000,000", respectively. C H A P T E R 6—ASSISTANCE TO C O U N T R I E S H A VI N G AGRARIAN ECONOMIES SEC. 113. Section 461 of chapter 6 of the Foreign Assistance Act of 1961, as amended, which relates to assistance to countries having agrarian economies, is amended by inserting " (a) " immediately before "Wherever" and by adding at the end thereof the following new subsection: " (b) I n presenting proposals to the Congress for fiscal year 1969 the President shall include recommendations for improving and establishing agricultural research and training facilities in tropical and subtropical regions of Latin America, Africa, and Asia. These recommendations shall be developed after consultation with the Department of Agriculture, land-grant colleges of agriculture, and other appropriate institutions and organizations, including those in the regions concerned." PART II

22 USC 2271.

M I L I T A R Y A S S I S T A N C E AND S A L E S SEC. 201. Part II of the Foreign Assistance Act of 1961, as amended, which relates to military assistance and sales, is amended as follows: (a) Section 502, which relates to statement of policy, is amended as follows: (1) Section 502 is redesignated as section 501. (2) I n such new section 501, immediately before the last paragraph insert the following new paragraph: " I t is the sense of the Congress that in the administration of this part priority shall be given to the needs of those countries in danger of becoming victims of active Communist or Communist-supported aggression or those countries in which the internal security is threatened by Communist-inspired or Communist-supported internal subversion." (b) Section 503, which relates to general authority, is amended as follows: (1) Subsection (a) is amended by striking out ", lease, sale, exchange, grant, or any other means" and substituting "or grant". (2) Subsection (d) is amended by striking out "; and" and substituting a period. (3) Subsection (e) is amended as follows: (A) Subsection (e) is redesignated as section 525. (B) I n such new section 525, strike out "guarantying, insuring, coinsuring, and reinsuring" and substitute "GUARANTIES.—(a) Until June 30, 1968, the President may guarantee, insure, coinsure, and reinsure". (C) I n such new section 525(a), strike out "such" the second place it appears and substitute "any". (c) Section 504(a), which relates to authorizations, is amended as follows:

22 USC 2301. 77 Stat. 384.

75 Stat. 434. 22 USC 2311.

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