Page:United States Statutes at Large Volume 47 Part 1.djvu/822

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798

72d CONGRESS . SESS. II. CHS. 43, 45 . FEBRUARY S, 9,1933 . cotton delivered hereunder, less the current market value of the cotton delivered, and to deduct the amount of such loans canceled from the amount of the revolving fund established by the Agricul- tural Marketing Act . To carry out the provisions of this Act the unexpended balance of appropriations made for carrying out the provisions of the joint resolution entitled "Joint resolution authoriz- ing the distribution of Government-owned wheat and cotton to the American National Red Cross and other organizations for relief of distr ess," approv ed Ju ly 5, 1932, is aut horiz ed to be mad e imme di- ately available, and, in addition, the sum of $4,100,000 is authorized to be appropriated and made immediately available, to the Federal Farm Board to be used solely for the following purposes : For advancing to such corporation amounts to repay loans held by com- mercial or intermediate credit banks against cotton which would be released for donations under this Act and to retire all storage and carrying charges against cotton, including compression charges, at the time of the approval of this Act ; and for meeting carrying and handling charges, and interest payments on commercial or inter- mediate credit bank loans, on or against cotton which would be released for donations under this Act between the date of its approval and the delivery of the cotton to the American National Red Cross or other organization . Any additional amounts necessary for such purposes shall be paid from the revolving fund established by the Agricultural Marketing Act . Src. 4. The Federal Farm Board shall execute its functions under this Act through its usual administrative staff, and such additional clerical assistance as may be found necessary, without additional app ropr iati ons b eyon d its usu al ad mini stra tive appr opria tion s . Approved, February 8, 1933 . Deductions fr om re- vol vi ng fund . Vol.46,p.11 . Su ms ma de avail- able . Ante, pp. 606, 741. Purposes specified . Additional amounts available. Administrative pro - visions. Feb ruar y 9, 1933 . (s .4509 .1 [Public, No . 330.1 Nonmetallic mineral =1 is on public Vol . 41, p. 451, amended . L essees r elieved of acreage ren ta ls during suspension of opera- tions, etc . Term of lease ex- tended accordingly . Proviso . Inoperative as to leases in designated reserves. (CHAPTER 45 .] AN ACT To further amend the Act approved February 25, 1920, entitled "An Act to promote the mining of coal, phosphate, oil, oil shale, gas, and sodium on the public dom ain ." Be it enacted by the Senate and House of Representatives of the United States o f America in Congress assembled, That the Act approved February 25, 1920 (41 Stat . L . 437), entitled "An Act to pro mote t he min ing of coal , phos phate, oil, oil sh ale, gas an d sodi um on the public domain," be, and the same is hereby, further amended by adding thereto the following section " SEc. 39 . In the event the Secretary of the Interior, in the interest of conservation, shall direct or shall assent to the suspension of operations and production of coal, oil, and/or gas under any lease granted under the terms of this Act, any payment of acreage rental prescribed by such lease likewise shall be suspended during such period of suspension of operations and production ; and the term of such lease shall be extended by adding any such suspension period thereto : Provided, That nothing in this Act shall be construed as affecting existing leases within the borders of the naval petroleum reserves and naval oil-shale reserves ." Approved, February 9, 1933 .