Page:United States Statutes at Large Volume 48 Part 1.djvu/82

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56 73 d CONGRESS . SESS. I. CH. 30. MAY 12, 1933 . Increas e of corpora -

(b) The amount of notes, debentures, bonds, or other such obliga- tion obligations, au-

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tions which the Reconstruction Finance Corporation is authorized ed Vol. 47, p . 9, amend- and empowered under section 9 of the Reconstruction Finance Cor- poration Act, as amended, to have outstanding at any one time is Provisol i ncre ased by $500,000,000 : Provided, That no such additional notes, Iss ue d iscre tiona ry . debentures, bonds, or other such obligations authorized by this sub- section shall be issued except at such times and in such amounts as the President shall approve . Approval of relief ap-

(c) A fter the expi ration of ten days after th e date upon w hich plications by Corpora- tion to cease .

the Federal Emergency Relief Administrator has qualified and has Vol. 47, p. 709 .

taken office, no application shall be approved by the Reconstruction Finance Corporation under the provisions of title I of the Emer- Ad min ist ra tor to gency Relief and Construction Act of 1932, and the Federal Emer- have access to Corpo- g ration files . ency Relief Administrator shall have access to all files and records of the Reconstruction Finance Corporation relating to the adminis- tration of funds under title I of such Act . At the expiration of such ten-day period, the unexpended and unobligated balance of the funds autho rized u nder t itle I of such Act s hall be availa ble fo r the p urposes of this Act . Fe der al Emergency SEC . 3 . (a) There is hereby created a Federal Emergency Relief Relief Administration created.

Administration, all the powers of which shall be exercised by a Fed- Administ rator ; eral Emergency Relief Administrator (referred to in this Act as the powers, salary, etc. "Administrator ") to be appointed by the President, by and with the Travel and subsist- advice and consent of the Senate . The Admi nist rato r sh all rece ive a ence .

salary to be fixed by the President at not to exceed $10,000, and neces- sa ry t rave ling and sub sist ence exp ense s wi thin the lim itat ions pre - scribed by law for civilian employees in the executive branch of the Government . The Federal Emergency Relief Administration and Duration of office . the office of Federal Emergency Relief Administrator shall cease to exist upon the expiration of two years after the date of enactment Unexpended balance . Of this A ct, and the un expended bala nce on such d ate of any fun ds made available under the provisions of this Act shall be disposed of as the Congress may by law provide . Exp ert s and other (b) The Administrator may appoint and fix the compensation emplo yees . of such experts and their appointment may be made and compensation Civil servi ce and fixed without regard to the civil service laws, or the Classification t 1 PP y tion Acts not Act of 1923, as amended, and the Administrator may, in the same U. S .C., p . 65; Supp. manner, appoint and fix the compensation of such other officers and VI, p.31. employees as are necessary to carry out the provisions of this Act, salary restriction . but such compensation shall not exceed in any case the sum of $8,000

and may make such expenditures (including expenditures for per- sonal services and rent at the seat,of government and elsewhere and Expenses . for printing and binding), not to exceed $350,000, as are necessary to carry out the provisions of this Act, to be paid by the Reconstruc- tion Finance Corporation out of funds made available by this Act upon presentat ion of vouche rs approved b y the Administ rator or by an officer o f the Adminis tration desig nated by him f or that pu r- Control of state ad- pose . The Admin istrat or may , und er rul es and regu lation s pre- ministrations . scribed by the President, a ssume control of the admini stration in any Sta te or S tates w here, in his judgmen t, mor e effec tive an d effi cient cooperation between the State and Federal authorities may thereby be secured in carrying out the purposes of this Act . Investigations, etc . (c) In executing any of the provisions of this Act, the Adminis- trator, and any person duly authorized or designated by him, may conduct any investigation pertinent or material to the furtherance of the purpose s of th is Act and, a t the r equest of the Presid ent, s hall make such further investigations and studies as the President may deem necessary in dealing w ith problems of unemploymen t relief .