Page:United States Statutes at Large Volume 59 Part 1.djvu/179

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79TH CONG., 1ST SESS.-CH. 109-- MAY 5, 1945 this Act takes effect is hereby increased by an amount sufficient to carry out the provisions of this paragraph. None of the moneys appropriated or otherwise authorized under this caption "Loans, grants, and rural rehabilitation", shall be used for (1) the purchase or leasing of land or for the carrying on of any land-purchase or land-leasing program; or (2) the carrying on of any operations in collective farming, or cooperative farming, or the organ- ization, promotions, or management of homestead associations, land- leasing associations, land-purchasing associations, or cooperative land purchasing for colonies of rehabilitants or tenant purchasers, except for the liquidation as expeditiously as possible of any such projects heretofore initiated; or (3) the making of loans to any individual farmer in excess of $2,500; or (4) the making of loans to any coop- erative association; or (5) the making of loans for the payment of dues to or the purchase of any share or stock interest in any cooper- ative association (except for medical, dental, or hospital services) or for any expenditure other than that deemed necessary, in the dis- cretion of the Administrator, for the production of agricultural commodities. The Secretary may expend funds administered by him as trustee under the various transfer agreements with the several State rural rehabilitation corporations only for purposes for which funds made available under this caption may be expended, and the limitations applicable to such funds shall also be applicable to the expenditure of such trust funds by the Secretary. The appropriation and authorizations herein made under the head- ing "Loans, grants, and rural rehabilitation", shall constitute the total amount to be available for obligation under this heading during the current fiscal year and shall not be supplemented by funds from any source. No part of the appropriation herein made under the heading "Loans, grants, and rural rehabilitation", shall be available to pay the compensation of any person appointed in accordance with the civil-service laws. FARM TENANCY To enable the Secretary through the War Food Administration to carry into effect the provisions of title I of the Bankhead-Jones Farm Tenant Act, approved July 22, 1937 (7 U. S . C. 1000-1006), as follows: Salaries and expenses: For necessary expenses in connection with the making of loans under title I of the Bankhead-Jones Farm Tenant Act, approved July 22 1937 (7 U. S . C . 1000-1006), and the collection of moneys due the United States on account of loans heretofore made under the provisions of said Act, including the employment of persons and means in the District of Columbia and elsewhere, exclusive of printing and binding, as authorized by said Act, $2,500,000. Loans: For loans to individual farmers in accordance with title I of the Bankhead-Jones Farm Tenant Act, approved July 22, 1937 (7 U. S. C . 1000-1006) and section 505 (b) of the Servicemen's Readjustment Act of 1944 (Public Law 346), $50,000,000, including $25,000,000 for loans to eligible veterans which may be distributed without regard to the provisions of section 4 of the Bankhead-Jones Farm Tenant Act, among the States and Territories in such amounts as are necessary to make such loans, which sums shall be borrowed from the Reconstruction Finance Corporation at an interest rate of not to exceed 3 per centum per annum and no loan, excepting those to eligi- ble veterans, shall be made in an amount greater than 15 per centum above the census value of the average farm unit of thirty acres and Limitation on use of funds. Trust funds. Total amount avail- able for obligation. Civil-service appoint- ees. 50 Stat. 522 . 7 U.S . C., Supp.IV, i 1001 note. 50 Stat. 522 . 7 U.S . C., Supp.IV, §1001 note. 50 Stat. 522. 7 U.S. C.,Supp.IV, § 1001 note. 58 Stat. 293. 38 U. S. C., Supp. IV. § 694e. Pot,p. 629. RFC loans. 66047--46 -P-T. I --11 59 STAT.] 161