Extension of Export-Import Bank Act, Hearing Before a Subcommittee of ..., 84-2 on S.3868, S.3329, and S.2256 ..., June 8, 19561956 - 45 lappuses |
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agency ALLEN FREAR amended amount Answer applications appropriate AREY assistance authority Bank of Washington bank's Banking and Currency bill Board of Directors borrowers BRAND capital stock cash against documents CHAIRMAN commercial banks commercial export loans Committee on Banking Congress Corporation credit insurance credit lines Department dividends dollar exchange earn exchange position Export-Import Bank Act Export-Import Bank loans extend financing foreign trade Government guaranty contract Guaranty Reserve Fund Hoover Commission Import Bank importing country interest International Bank J. W. FULBRIGHT June 30 lend-lease Liberty Bond line of credit long-term losses million Mutual Security Act National Advisory Council nonpayment obligations paid payment percent political risks President private capital private sources purposes Secretary sell Senator CAPEHART shipment short-term credit STAMBAUGH transactions transfer Treasury United States dollars United States exporters United States foreign United States Senate WAUGH
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4. lappuse - The Secretary of the Treasury is authorized and directed to purchase any notes and other obligations to be issued hereunder and for such purpose he is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act...
6. lappuse - If any provision of this Act, or the application of such provision to any person or circumstances, shall be held invalid, the remainder of this Act, or the application of such provision to persons or circumstances other than those as to which it is held invalid, shall not be affected thereby.
41. lappuse - The objects and purposes of the bank shall be to aid in financing and to facilitate exports and imports and the exchange of commodities between the United States or any of its Territories or insular possessions and any foreign country or the agencies or nationals thereof.
4. lappuse - Each such obligation shall bear interest at a rate determined by the Secretary of the Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the issuance of the obligation of the corporation.
4. lappuse - ... to be redeemable at the option of the corporation before maturity in such manner as may be stipulated in such obligations...
5. lappuse - Administrator shall also contribute to the employees compensation fund, on the basis of annual billings as determined by the Secretary of Labor for the benefit payments made from such fund on account of employees engaged in carrying out the functions financed by such revolving fund.
4. lappuse - Administrator to be issued hereunder and for such purpose the Secretary of the Treasury is authorized to use as a public debt transaction the proceeds from the sale of any securities issued under the Second Liberty Bond Act, as amended, and the purposes for which securities may be issued under such Act, as amended, are extended to include any purchases of such notes and obligations.
6. lappuse - ... intent to defraud the Corporation or wrongfully and unlawfully to defeat its purposes, shall, on conviction thereof, be fined not more than $5,000 or imprisoned not more than five years, or both. REPORTS TO CONGRESS SEC. 10. The Corporation shall submit to the President for transmission to the Congress at the beginning of each regular session an annual report of its operations under this Act.
3. lappuse - Government, shall receive out of funds made available for the purposes of this title a per diem allowance of $50 for each day spent away from their homes or regular places of business for the purpose of attendance at meetings of the board or at conferences held upon the call of the chairman, and in necessary travel, and while so engaged they may be paid actual travel expenses and not to exceed $10 per diem in lieu of subsistence and other expenses.
5. lappuse - Determine the character of and the necessity for its obligations and expenditures and the manner In which they shall be incurred, allowed, and paid...