procedure of notifying American business, particularly (c) Section 112 (i) of the Economic Cooperation Act of 1948, as amended, is hereby repealed.188 LIMITATION ON USE OF COUNTERPART FUNDS SEC. 539.139 Except as otherwise specifically authorized by law, all counterpart funds of local currencies created by section 115 (b) (6) of the Economic Cooperation Act of 1948, as amended,140 and by Acts supplementary or amendatory thereto shall be expended only on programs to carry out the purposes for which new funds authorized by this Act would themselves be available. AUTHORIZATION OF APPROPRIATIONS Military 1954 SEC. 540.141 There is hereby authorized to be appropri- assistance, ated to the President for the fiscal year 1954 not to exceed fiscal year $2,129,689,870 to be available under section 101 (a) (1) authorization. (relating to military assistance for Europe): Provided, That of the equipment and materials made available under section 101 (a) (1) with funds appropriated pursuant to the authorization contained in this section, 50 per centum shall be transferred to the organization re- Transfers to ferred to in clause (C) of section 2 (b) or to the countries EDC or which become members thereof, unless the Congress, upon the recommendation of the President, shall hereafter otherwise provide; $305,212,637 to be available under section 201 (relating to military assistance for the Near East and Africa); $1,081,620,493 to be available under section 301 (relating to military and other assistance for Asia and the Pacific); and $15,000,000 to be available under section 401 (relating to military assistance for Latin America). 137 See Reorganization Plan No. 7 of 1953, on p. 172, for later history of MSA and TCA. 138 See text of former sec. 112 (i) in footnote 33, on p. 68. 139 22 U. S. C. § 1675h. This section was added by sec. 7 (m) of the Mutual Security Act of 1952. 140 Text on p. 73. 141 22 U. S. C. § 16751. This section was added by sec. 101 of the Mutual Security Act of 1953. members. Mutual defense financing, fiscal year 1954 authorization. Mutual special weapons plan SEC. 541.142 There is hereby authorized to be appropriated to the President for the fiscal year 1954 not to exceed $250,000,000 to carry out the provisions of section 101 (a) (2) (relating to defense support and economic assistance for Europe), and not to exceed $84,000,000 to carry out the provisions of section 302 (a) (relating to defense support, economic and technical assistance), including the exploration and development of mineral and petroleum resources, for the National Government of the Republic of China and the Associated States of Cambodia, Laos, and Vietnam. SEC. 542.143 There is hereby authorized to be approprining, fiscal year ated to the President for the fiscal year 1954 not to exceed 1954 authori zation. NATO and Technical assistance, fiscal year 1954 authorization. $100,000,000 for the purpose of furnishing special weapons to nations eligible to receive military assistance under this Act or to the international organizations referred to in section 2 (b) (A) and 2 (b) (C) of this Act: Provided, That, prior to the obligation of funds for this purpose, the President shall determine that such obligation is of direct importance to the security interest of the United States and is in furtherance of the policies and purposes of the Mutual Defense Assistance Act of 1949, as amended: And provided further, That, prior to the transfer of such weapons, the President shall determine (1) that the recipient is adequately prepared to safeguard the security of such weapons; (2) that the transfer of such weapons will be of direct importance to the security interest of the United States; and (3) that such transfer will further the purposes and policies of the Mutual Defense Assistance Act of 1949, as amended. Nothing contained in this section shall alter, amend, revoke, repeal, or otherwise affect the provisions of any law restricting, limiting, or prohibiting the transfer of any such weapons. Notwithstanding any other provisions of this Act, funds made available pursuant to this section may be used only for the purpose of this section. SEC. 543.144 There is hereby authorized to be appropriated to the President for the fiscal year 1954 not to exceed $43,792,500 to carry out the provisions of section 203 (relating to economic and technical assistance for the Near East and Africa); $72,100,000 to carry out the provisions of section 302 (a) (relating to defense support, economic and technical assistance) other than for the National Government of the Republic of China and the Associated States of Cambodia, Laos, and Vietnam; and $24,342,000 to carry out the provisions of section 402 (relating to technical assistance for Latin America). 142 22 U. S. C. § 1675j. This section was added by sec. 201 (a) of the Mutual Security Act of 1953. 143 22 U. S. C. § 1675k. This section was added by sec. 301 of the Mutual Security Act of 1953. 144 22 U. S. C. § 16751. This section was added by sec. 401 of the Mutual Security Act of 1953. SEC. 544.145 There is hereby authorized to be appropriated to the President for the fiscal year 1954 not to exceed $13,750,000 for multilateral technical cooperation under section 404 (b) of the Act for International Development.146 SEC. 545.147 There is hereby authorized to be appropriated to the President not to exceed $9,000,000 for contributions during the calendar year 1954 for the support of international children's welfare work in such manner and on such terms and conditions as he may deem to be in the interests of the United States. UNEXPENDED BALANCES technical cooperation, fiscal authorization. Multilateral year 1954 fare, Calendar year 1954 Children's wel authorization. SEC. 546.148 The unexpended balance under each paragraph of title III, Mutual Security, of the Supplemental 66 Stat. 652. Appropriation Act, 1953,149 is hereby authorized to be continued available for its original purposes through June 30, 1954, and may be consolidated with the appropriate fiscal year 1954 appropriation made for the same general purpose under the authority of this Act. UNDERDEVELOPED AREAS operation. Administrative SEC. 547.150 Whenever funds are made available under Program this Act for assistance, other than military assistance, to any economically underdeveloped area, such funds may be used under the applicable provisions of section 503 (b) (3) or the applicable provisions of the Act for International Development. Where administrative arrange- arrangements. ments, including provisions relating to compensation and allowances of personnel, authorized under section 503 (b) (3), differ from those authorized by the Act for International Development, the Director may make use of arrangements authorized under either statute, in carrying out such programs, except that before extending the provisions of section 109 (a) of the Economic Cooperation Act of 1948, as amended,151 to countries in which programs authorized under the Act for International Development are being carried out, the Director will secure the approval of the Secretary of State. 145 22 U. S. C. § 1557 (b) note. This section was added by sec. 602 of the Mutual Security Act of 1953. 146 Text on p. 109. 147 22 U. S. C. § 1536 note. This section was added by sec. 603 of the Mutual Security Act of 1953. See also sec. 12 of the Mutual Security Act of 1952, text on p. 44. 148 22 U. S. C. 187m. This section was added by sec. 702 of the Mutual Security Act of 1953. 149 Text on p. 134. 150 22 U. S. C. § 1675n. This section was added by sec. 706 (e) of the Mutual Security Act of 1953. Text on p. 55. Authorization of appropriation. 67 Stat. 159. Report to Congress on refugee situation. UNITED STATES USE OF FOREIGN CURRENCY SEC. 548.152 (a) The several amounts otherwise authorized by this Act to be appropriated are authorized to be increased by amounts which shall not, in the aggregate, exceed $98,396,000. (b) Amounts appropriated pursuant to any authorization contained in this Act are authorized to be made available for purchase of foreign currencies (including foreign currencies or credits owed to or owned by the United States): Provided, That such currencies or credits are authorized to be made available for use, without reimbursement to the Treasury, for liquidation of obligations legally incurred against such currencies prior to July 1, 1953.153 NEAR EAST REFUGEES SEC. 549.154 (a) In order to contribute to the peace and stability of the Near East in particular and of the world in general, the Director for Mutual Security shall, in consultation with the Secretary of State, make a survey of the refugee situation in the Near East and report the results of the survey to the Congress within one hundred fifty days after the Mutual Security Act of 1953 is enacted, together with recommendations for seeking a solution. In the making of such report and recommendations, especial consideration shall be given to a program which would utilize the services and talents of these refugees to develop and expand the resources of the area, including its water resources. (b) In carrying out his duties under this section, the Director for Mutual Security shall consult with the Committee on Foreign Relations of the Senate and the Committee on Foreign Affairs of the House of Representatives, and shall keep these committees constantly and fully informed of the action which he takes to carry out the provisions of this section. USE OF SURPLUS AGRICULTURAL COMMODITIES SEC. 550,155 (a) Not less than $100,000,000 and not more than $250,000,000 of the funds authorized to be appropriated under this Act,156 shall be used, directly or indirectly, 152 22 U. S. C. § 16750. This section was added by sec. 706 (f) (2) of the Mutual Security Act of 1953. The amounts authorized to be appropriated by sec. 548 (a) were consolidated by the Mutual Security Appropriation Act, 1954, with other appropriations for the same purpose. Such consolidations are indicated in that Appropriation Act, see p. 145, by citation of the authority contained in sec. 548. 153 See also sec. 1313 of Supplemental Appropriation Act, 1954, text on p. 143. 154 22 U. S. C. § 1697. This section was added by sec. 706 (g) of the Mutual Security Act of 1953. 155 22 U. S. C. § 1675p. This section was added by sec. 706 (h) of the Mutual Security Act of 1953. 156 See sec. 104 of the Mutual Security Appropriation Act, 1954, on p. 149. to finance the purchase of surplus agricultural commodities, or products thereof, produced in the United States. (b) The President is authorized to enter into agree Agreements. ments with friendly countries for the sale and export of such surplus agricultural commodities under conditions negotiated by him with such countries and to accept in payment therefor local currency for the account of the United States. In negotiating agreements for the sale of such commodities, the President shall (1) take special precaution to safeguard against the substitution or displacement of usual marketings of the United States or friendly countries, and to assure to the maximum extent practicable that sales prices of such commodities are consistent with maximum world market prices of like commodities of similar quality, and to obtain the recommendations of the Secretary of Agriculture in carrying out the provisions of this subsection; (2) use private trade channels to the maximum extent practicable; (3) give appropriate emphasis to underdeveloped and new market areas; (4) obtain assurance that the purchasing countries will not resell or transship to other countries or use for other than domestic consumption commodities purchased under this program without specific approval by the President. (c) Notwithstanding section 1415 of the Supplemental Appropriation Act, 1953,157 or any other provision of law, the President shall use the proceeds of such sales for the Use of sales purpose of this Act, giving particular regard to the following purposes (1) for providing military assistance to countries or mutual defense organizations eligible to receive assistance under this Act; (2) for purchase of goods or services in friendly countries; (3) for loans, under applicable provisions of this Act, to increase production of goods or services, including strategic materials, needed in any country with which an agreement was negotiated, or in other friendly countries, with the authority to use currencies received in repayment for the purposes stated in this section or for deposit to the general account of the Treasury of the United States; (4) for developing new markets on a mutually beneficial basis; (5) for grants-in-aid to increase production for domestic needs in friendly countries; (6) for purchasing materials for United States stockpiles. 107 See p. 138. proceeds. |