Page:United States Statutes at Large Volume 48 Part 1.djvu/1084

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1058

73d CONGRESS . SESS. II . CH. 648. JUNE 19, 1934 . Interior Department.

DEPARTMENT OF THE INTERIOR National Park Serv- For t he co nstru ctio n, re const ruct ion, and i mprov emen t of roads improvem ents . and trails, inclusive of necessary bridges in the national parks, monuments, and other areas administered by the National Park Service, including areas authorized to be established as national parks and monuments, and national park and monument approach roads authorized by the Act of January 31, 1931 (46 Stat . 1053), as amended, fiscal year 1935, $5,000,000, to remain available until expended . Indian Re servat ion For the construction and improvement of Indian reservation roads roads .

under the provisions of the Act approved May 26, 1928 (45 Stat . Vol. 45, p. 750.

750), fiscal year 1935, $2,000,000 to remain available until expended : Pro vis o

Prov ided , That the location, type, and design of all roads and Approval required- bridges shall be approved by the Bureau of Public Roads before any expenditures are made thereon, and all such construction done by contr act sh all be under the g eneral superv ision of sai d Bure au . Alabama flood relief . Road and bridge flood relief, State of Alabama : The unexpended 47Vp1635 .,p99

Vol.

balanc e of t he app ropria tions contai ned in the Fi rst De ficien cy Act , fiscal year, 1930, for carrying out the provisions of the Act entitled "An Act for the relief of the State of Alabama for damages to and destruction of roads and bridges by floods in 1929 ", approved March 12, 1930, shall remain available until June 30, 1935 . Vol.46,p. 1053. Agricultural Adjust- ment Act amendments . Ante, p. 33. Cotton in possession of Secretary ; borrowing on. Adv anc es by Sec re- tary of Treasury . Availability of ad- vances. Statement to accom- pany request . Purposes of subsec- tions . AMEN DMEN TS TO AGRICULTURAL AD JUS TMEN T ACT Section 4 of the Agricultural Adjustment Act, as amended, is amended to read as follows " SEC. 4. (a) The Secretary of Agriculture shall have authority to borrow money upon all cotton in his possession or control and may, at his discretion, deposit as collateral for such loans the ware- house receipts for such cotton . " (b) The Secretary of the Treasury is authorized to advance, in his discretion, out of any money in the Treasury not otherwise appropriated, the sum of $100,000,000 to be available, until March 1, 1936, to the Secretary of Agriculture, for paying off any debt or debts which may have been or may be incurred by the Secretary of Agriculture and discharging any lien or liens which may have arisen or may arise pursuant to part 1 of this title, for protecting title to any cotton which may have been or may be acquired by the Secretary of Agriculture under authority of part 1 of this title, and for paying any expenses (including, but not limited to, ware- house charges, insurance, salaries, interest, costs, and commissions) incident to carrying, handling, insuring, and marketing of said cotton and for the purposes described in subsection (e) of this section . " (c) The funds authorized by subsection (b) of this section shall be made available to the Secretary of Agriculture from time to time upon his request and with the approval o f the Secretary of the Treasury . Each such request shall be accompanied by a statement showing by weight and average grade and staple the quantity of cotton held by the Secretary of Agriculture and the approximate aggro ate market value thereof . "(d) It is the purpose of subsections (b) and (c) to provide an alternative method to that provided by subsection (a), for enabling the Secretary of Agriculture to finance the acquisition, carrying, handling, insuring, and marketing of cotton acquired by him under authority of section 3 of this Act . The Secretary of Agriculture may at his discretion make use of either or both of the methods provided in this section for obtaining funds for the purposes herein- above enumerated .