Page:United States Statutes at Large Volume 55 Part 1.djvu/465

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PUBLIC LAWS-CH. 267-JULY 1, 1941 Port, p. 551 . Assistance to needy farmers. Transfer of funds. Ante, p. 414 . Reappropriation. 54 Stat. 614. Compensation of ex- perts. 42 Stat. 1488 . 5 U.S.C. §61-6174. Post, p. 613. Rural rehabilitation loans. 12U.S.C.§1020k, 1020n. Performanceotwork required. Injury or death benefits. 5U.S. C. 798. Proelio. Additional funds for rural rehabilitation loans. Conditions. Repayment. Increase of RFC obligations. LOANS, GRANTS, AND RURAL REHABILITATION To enable the Secretary of Agriculture to continue to provide assistance through rural rehabilitation and grants to needy farmers in the United States, its Territories and possessions, including (1) farm debt adjustment service, and making and servicing of loans and grants under this and prior law; (2) loans; (3) grants; (4) the prosecution of Federal rural rehabilitation projects under the supervision of the Farm Security Administration on July 1, 1941; (5) projects involving provision of water facilities; and (6) projects involving construction and operation of migratory labor camps, $64,000,000, of which $115,171 shall be transferred to and made a part of the appropriation, "Salaries and expenses, Bureau of Agricultural Economics", together with the unobligated balance of the appropri- ation under section 2 (a) of the Emergency Relief Appropriation Act, fiscal year 1941, which sum shall be also available for necessary administrative expenses incident to the foregoing, including personal services in the District of Columbia and elsewhere; compensation of experts (including the Administrator and not to exceed three Assist- ant Administrators of the Farm Security Administration) without regard to the Classification Act of 1923, as amended; purchase of lawbooks, books of reference, periodicals, and newspapers; purchase, operation, maintenance, and exchange at the seat of government and elsewhere, of motor-propelled passenger-carrying vehicles; and printing and binding. Hereafter rural rehabilitation loans shall be subject to the conditions and penalties prescribed by sections 3 and 6 of the Act of January 29, 1937 (50 Stat. 5), except that the functions conferred upon the Gover- nor of the Farm Credit Administration by said sections are hereby conferred, for the purposes hereof, upon the Secretary of Agriculture. In making any grant payments under this Act, the Secretary of Agriculture is authorized to require with respect to such payments the performance of work on useful public projects, Federal and non- Federal, including work on private or public land in furtherance of the conservation of natural resources, and the provisions of the Act of February 15, 1934 (48 Stat. 351), as amended, relating to disability or death compensation and benefits shall apply to those persons per- forming such work: Provided,That this section shall not apply to any case coming within the purview of the workmen's compensation law of any State, Territory, or possession, or in which the claimant has received or is entitled to receive similar benefits for injury or death. For additional funds for the purpose of making rural rehabilitation loans to needy farmers, the Reconstruction Finance Corporation is authorized and directed, until June 30, 1942, to make advances to the Secretary of Agriculture upon his request in an aggregate amount of not to exceed $120,000,000. Such advances shall be made: (1) With interest at the rate of 3 per centum per annum payable semiannually; (2) upon the security of obligations acceptable to the Corporation here- tofore or hereafter acquired by the Secretary pursuant to law; (3) in amounts which shall not exceed 75 per centum of the then unpaid principal amount of the obligations securing such advances; and (4) upon such other terms and conditions, and with such maturities, as the Corporation may determine. The Secretary of Agriculture shall pay to the Corporation, currently as received by him, all moneys collected as payments of principal and interest on the loans made from the amounts so advanced or collected upon any obligations held by the Corporation as security for such advances, until such amounts are fully repaid. The amount of notes, debentures, bonds, or other such obligations which the Corporation is authorized and empowered to issue and to have outstanding at any one time under the provisions 440 [55 STAT.