Defense Production Act Amendments of 1951: Hearings Before the Committee on Banking and Currency, United States Senate, Eighty-second Congress, First Session, on S. 1397, a Bill to Amend the Defense Production Act of 1950, and for Other Purposes, Partie 1

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U.S. Government Printing Office, 1951 - 3579 pages

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Page 6 - Whenever in the judgment of the Commission any person has engaged or is about to engage in any acts or practices which constitute or will constitute a violation...
Page 16 - 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.
Page 815 - Is empowered to make loans to enable smallbusiness concerns to finance plant construction, conversion, or expansion, Including the acquisition of land; or to finance the acquisition of equipment, facilities, machinery, supplies, or materials; or to supply such concerns with working capital to be used in the manufacture of articles, equipment, supplies, or materials for war, defense, or civilian production or as may be necessary to Insure a well-balanced national economy...
Page 12 - ... shall, upon conviction thereof, be subject to a fine of not more than $5,000, or to imprisonment for not more than two years in the case of a violation of section 4 (c) and for not more than one year in all other cases, or to both such fine and imprisonment.
Page 815 - Corporation, or without being duly authorized draws any order or issues, puts forth, or assigns any note, debenture, bond, or other such obligation, or draft, bill of exchange, mortgage, judgment, or decree thereof...
Page 249 - ... as is properly attributable to such construction, reconstruction, erection, installation, or acquisition after December 31, 1949, as the certifying authority, designated by the President by Executive Order, has certified as necessary in the interest of national defense during the emergency period, and only such portion of such amount as such authority has certified as attributable to defense purposes.
Page 341 - You would have that advisory credit council composed of the Secretary of the Treasury, the Chairman of the Federal Reserve Board...
Page 436 - Whenever the President is satisfied that the fulfillment of requirements for the defense of the United States will result in a shortage in the supply of any material or of any facilities for defense or for private account or for export, the President may allocate such material or facilities in such manner, upon such conditions and to such extent as he shall deem necessary or appropriate in the public interest and to promote the national defense.
Page 4 - ... shall not be sold at less than the established ceiling price, or the current domestic market price, whichever is lower) , or, if no ceiling price has been established, the higher of the following: (i) the current domestic market price for such commodity, or (ii) the minimum sale price established for agricultural commodities owned or controlled by the Commodity Credit Corporation as provided in section 407 of Public Law 439, Eighty-first Congress: Provided further, however, That no purchase...
Page 5 - One thousand and thirty is hereby amended by striking out the last sentence and inserting in lieu thereof the following : The per diems of the Executive Secretary and of the disbursing officer shall be fixed by the Civil Governor.

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