Defense Production Act Amendments, 1962: Hearings Before the Committee on Banking and Currency, United States Senate, Eighty-seventh Congress, Second Session, on S. 3436, a Bill to Amend the Defense Production Act of 1950, July 17, 1962U.S. Government Printing Office, 1962 - 152 pages |
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Common terms and phrases
1962 Objectives Acquisition Cost Administratively uncollectible agencies aluminum amendment arising from Inventory bill borrowing authority cancel CHAIRMAN Christian Science Monitor committee Commodity compared with Stockpile crude oil Cuba Defense Production Act disposal DPA CCC Supplemental DPA inventory Estimated Deliveries Excess to Maximum Excess Total Excess Expected Excesses arising export free world GAO for collection Hand and Expected Hand plus Estimated interest Inventory On Hand Journal of Commerce June 30 KENDALL Market Value Maximum Objective MCDERMOTT metals minerals national stockpile Nicaro plant nickel oxide Non-Stockpile Grade Inventory Objective Excess Total Objective for Inventory Objectives showing Excess operations Order compared payment in kind percent Petroleum Press Service Program Stockpile DPA proposed Quantity Referred to GAO ROUHANA Senator BUSH Senator CAPEHART Senator SPARKMAN Soviet bloc Soviet oil Soviet Union Stockpile DPA CCC Stockpile Grade Total Stockpile Objectives showing supply tons Total Within Objective Treasury U.S. Senate United
Popular passages
Page 33 - The plan and date of disposition shall be fixed with due regard to the protection of the United States against avoidable loss on the sale or transfer of the material to be released and the protection of producers, processors, and consumers against avoidable disruption of their usual markets...
Page 49 - US Senate, Washington, DC DEAR SENATOR : This is in response to your request for the views of the Department of Justice on S. 1719, to amend the Interstate Commerce Act and the Federal Aviation Act of 1958...
Page 39 - Supply-requirements data submitted pursuant to paragraphs d. and e. above shall be examined upon receipt. A full-scale review may be undertaken at any time that a change is believed to be taking place that would have a significant bearing on the wartime readiness position. Priority of review shall...
Page 105 - Act, excess materials in the national stockpile established pursuant to that Act, shall be available, without reimbursement, for transfer at fair market value to contractors as payment for expenses of refining, processing, or otherwise beneflciating materials, pursuant to section 3(c) of the Strategic and Critical Materials Stock Piling Act, into a form best suitable for stockpiling.
Page 42 - ... objective to anticipate eliminating the deficit in the budget by fiscal year 1967 or 1968. As I said, 1967 now looks more likely. Eliminating it should mean we ought to go somewhat beyond that and produce a surplus in the Federal budget, which we could apply to reducing the national debt. Senator JORDAN. I am glad to hear you say that, because it seems to me there is a growing school of support for increasing the Federal debt so long as it does not exceed a certain percent of the gross national...
Page 39 - The mobilization base shall relate to the projected supply capacity, including standby capacity, that would be readily available for an emergency commencing on any assumed date rather than to the output of a given period. Stockpile procurement to maintain this capacity shall be undertaken only within the maximum objective. Although various measures that are feasible shall be considered for meeting a mobilization deficit of materials, measures other than stockpiling shall be undertaken only after...
Page 33 - Act, materials acquired under this Act shall be released for use, sale, or other disposition only (a) on order of the President at any time when in his judgment such release is required for purposes of the common defense, or (b) in time of war or during a national emergency with respect to common defense proclaimed by the President, on order of such agency as may be designated by the President.
Page 38 - MEDICAL SUPPLIES AND EQUIPMENT AND FOOD By virtue of the authority vested in me by Reorganization Plan No. 1 of 1958 ' (72 Stat. 1799) , and as President of the United States, it is ordered as follows: PART I.
Page 50 - Hon. A. WILLIS RORERTSON, Chairman, Committee on Banking and Currency, V.8. Senate, .Washington, DC DEAR SENATOR: This will refer to the bill (S.
Page 40 - Mobilization will authorize the disposal of excess materials whenever possible under the following conditions: (a) avoidance of serious disruption of the usual markets of producers, processors, and consumers, (b) avoidance of adverse effects on international interests of the United States, (c) due regard to the protection of the United States against avoidable loss, and...