the end of paragraph (e) to a semicolon, and by adding at the end of such section the following new paragraphs:

"(f) seek, insofar as possible, to enter into such agreements for periods in excess of one year; and

"(g) give maximum attention to utilizing the authority and funds provided by this Act to further the economic and social development plans of underdeveloped countries."

(4) Section 103 (b) (prescribing limit on appropriations) is amended to read as follows:

"(b) Agreements shall not be entered into under this title during the period beginning July 1, 1959, and ending June 30, 1964, which will call for appropriations to reimburse the Commodity Credit Corporation, pursuant to subsection (a) of this section, in amounts in excess of $2,000,000,000 annually, plus any amount by which agreements entered into in prior years have called or will call for appropriations to reimburse the Commodity Credit Corporation in amounts less than authorized for such prior fiscal years by this Act as in effect during such fiscal years."

(5) Section 103 is further amended by adding at the end thereof the following new subsection:

"(c) In carrying out programs and activities under this title, the President shall, insofar as possible, coordinate such programs and activities with other United States and international programs and activities directed toward the same end."

(6) Section 104 (e) (relating to loans for trade expansion) is amended by striking out "Export-Import Bank for loans mutually agreeable to said bank" and inserting in lieu thereof "United States Development Loan Fund created by title II of chapter II of the Mutual Security Act of 1954, as amended, for loans mutually agreeable to said Fund", and by inserting before the semicolon at the end thereof a colon and the following: "Provided further, That funds which have accrued under this section and which are uncommitted may at the discretion of the President, be placed under the administration of the Development Loan Fund".

(7) Section 104(g) (relating to the promotion of trade and economic development) is amended to read as follows:

"(g) For loans and grants to promote multilateral trade and economic development, made through established banking facilities of the friendly nation from which the foreign currency was obtained or in any other manner which the President may deem to be appropriate. Interest on loans made under this subsection shall be at such rate, not to exceed 21⁄2 per centum per annum, as the President shall determine. Strategic materials, services, or foreign currencies may be accepted in payment of such loans;".

(8) Section 104 (h) (relating to international educational exchange activities) is amended by striking out the words "in such amounts as may be specified from time to time in appropriation Acts" and by striking out the semicolon at the end thereof and inserting in lieu thereof a period and the following: "Such currencies may also be used for making grants to United States nonprofit organizations and institutions for carrying out such exchange of persons projects under this paragraph between the United States and other countries as may be agreed upon between such organizations and institutions and the Secretary of State, but no such grants shall be made to any organization or institution which does not agree to provide the dollar funds which the Secretary of State deems necessary to carry forward agreed projects to a successful conclusion ;".

(9) Section 104(k) (relating to scientific activities) is amended by striking out "but no foreign currencies shall be used for the purposes of this subsection (k) unless specific appropriations be made therefor" and inserting in lieu thereof the following: "and to promote and support programs of medical and scientific research, cultural and educational development, health, nutrition, and sanitation".

(10) Section 104 (o) (relating to assistance to educational facilities sponsored by United States citizens) is amended by striking out so much thereof as follows the semicolon.

(11) Section 104 (relating to uses of foreign currencies) is amended by insert ing after paragraph (0) the following new paragraphs:

"(p) For supporting workshops in American studies or American educational techniques, and supporting chairs in American studies.

"(q) For financing technicians and other personnel of the United Nations Food and Agriculture Organization and World Health Organization (including

necessary equipment and supplies) engaged in (i) consulting and advising on, conducting, or administering Government programs designed to relieve chronic hunger and malnutrition, (ii) consulting and advising on programs for the storage, management, and operation of national food reserves, or (iii) training local technical, administrative, and other personnel needed to carry out such programs;

"(r) For financing research, surveys, conferences, publicity, and other activities which the President shall find to be helpful in support of the projected 'free the world from hunger' campaign of the United Nations Food and Agriculture Organization; and for such purposes and the purposes of paragraph (q) any currencies of any country available under this Act may be transferred to and used in any other country;

"(s) For financing local currency cost components of projects undertaken by the United Nations Special Fund for which such Fund pays foreign exchange costs;

"(t) For contributions, in addition to United States dollar contributions, to the capital fund of any international development association or organization of which the United States is a member which may be established as an affiliate of the International Bank for Reconstruction and Development for the purpose of making long-term loans for economic development;

"(u) For financing the preparation, distribution, and exhibiting of audiovisual informational and educational materials, including Government materials, abroad;

"(v) For transfer to the International Finance Corporation for the purpose of promoting private investment abroad under such arrangement as may be agreed upon between the President, said Corporation, and the country whose currency is involved;

"(w) For financing the services of technicians, advisers, and administrators who are nationals of any friendly country, which may be needed to further economic and social development programs in other friendly countries;

"(x) For financing relief and rehabilitation projects undertaken following disasters or for assistance to refugees."

(12) Section 104 is further amended by inserting before the period at the end thereof a comma and the following: "and from time to time release for the general purposes of this title funds that may have accrued in excess of prospective needs for payment of United States obligations".

(13) Section 106 (which relates to determination of nations with which agreements shall be negotiated) is amended by striking out the words "Secretary of Agriculture" where they appear the second time and inserting in lieu thereof "President".

(14) Section 107 (which defines "friendly nation") is amended by inserting before the period at the end thereof a colon and the following: "Provided, That such term shall not exclude any nation referred to in clause (2) if the President determines that the making and carrying out of agreements with such nation under this Act will be in the interest of attaining the foreign-policy objectives of the United States'.

(15) Section 109 (which relates to the duration of the program under title I) is amended by striking out "December 31, 1959" and inserting in lieu thereof "June 30, 1964".

(16) Section 202 (authorizing grants of surplus commodities for famine relief) is amended by striking out "with friendly governments or through voluntary agencies" and inserting in lieu thereof "by or with friendly governments or voluntary relief agencies to carry out the purposes of section 201 and to assist friendly nations in establishing, expanding, or carrying out programs, including programs undertaken with the assistance of experts and technicians of the United Nations Food and Agricultural Organization, and the World Health Organization for the relief of chronic hunger and malnutrition".

(17) Section 203 (which imposes limits on expenditures under title II) is amended by striking out the first sentence and inserting in lieu thereof the following: "Not more than $250,000,000, including the Corporation's investment in the commodities, shall be expended annually for all such transfers and for other costs authorized by this title."

(18) Section 204 (which relates to the duration of the program under title II) is amended by striking out "December 31, 1959" and inserting it lieu thereof "June 30, 1964".

(19) Section 304 (b) (which prohibits certain transactions with the Union of Soviet Socialist Republics and areas dominated or controlled by the Com

munist regime in China) is amended by striking out "title I or title III" and inserting in lieu thereof "title I, title III, title IV, title V, or title VI".

(20) Title III is further amended by adding at the end thereof a new section as follows:

"SEC. 306. Notwithstanding any other provision of law, the Commodity Credit Corporation is hereby directed

"(1) to dispose of its stocks of edible oils or products thereof by donation, upon such terms and conditions as the Secretary of Agriculture deems appropriate, to nonprofit voluntary agencies registered with the Department of State, appropriate agencies of the Federal Government or international organizations, for use in the assistance of needy persons outside the United States;

"(2) to purchase for donation as provided above such quantities of edible oils and the products thereof as the Secretary determines will maintain the support level for cottonseed and soybeans without requiring the acquisition of such commodities under the price support program.

Commodity Credit Corporation may incur such additional costs with respect to commodities to be donated hereunder as it is authorized to incur with respect to food commodities disposed of under section 416 of the Agricultural Act of 1949, and may pay ocean freight charges from United States ports to designated ports of entry abroad."

(21) Such Act is further amended by adding at the end thereof the following new titles:

"TITLE IV-LONG-TERM SUPPLY CONTRACTS

"SEC. 401. The purpose of this title is to utilize agricultural commodities and the products thereof produced in the United States, including but not limited to agricultural commodities in surplus supply, to assist the economic development of friendly nations by assuring such nations a stable supply of agricultural commodities on long-term credit for domestic consumption during periods of economic development so that the resources and manpower of such nations may be utilized more effectively for industrial and other domestic economic development without jeopardizing meanwhile adequate supplies of agricultural commodities for domestic use.

"SEC. 402. In furtherance of this purpose, the President is authorized to enter into agreements with friendly nations under the terms of which the United States shall undertake to deliver annually (a) certain quantities of wheat, rice, cotton, feed grains, or tobacco, or (b) such other surplus agricultural commodities as may from time to time be available, for periods of not to exceed ten years.

"SEC. 403. Payment for such commodities shall be in dollars or in services or in strategic or other materials of which the United States does not domestically produce its requirements, as the President may from time to time determine, with interest at such rate as the President may determine but not more than 22 per centum per year. Payment may be made in approximately equal annual amounts over periods of not to exceed forty years from the date of the last delivery of commodities under the agreement and interest shall be computed from the date of such last delivery.

"SEC. 404. Any such agreement shall include the following undertakings on the part of the purchasing nation as conditions of such contract:

"(1) That commodities provided hereunder will not replace any usual imports of the same or similar commodities by such nation from friendly nations;

"(2) That commodities provided hereunder will be used only for domestic consumption and that none of such commodities will be sold outside the purchasing nation either directly or through replacement of domestic production.

"SEC. 405. In entering into such agreements, the President shall endeavor to reach agreement with other exporting nations of such commodities for their participation in the supply and assistance program herein authorized on a proportionate and equitable basis.

"SEC. 406. In carrying out this title, the provisions of sections 101, 102, 103(a), 106, 107, and 108 of this Act shall be applicable to the extent not inconsistent with this title.

"TITLE V-NATIONAL FOOD RESERVES

"SEC. 501. The President is authorized to implement the resolution adopted by the United Nations on February 20, 1957 (United Nations Resolution 1025 [XI]),

The

which was sponsored by the United States, calling for international cooperation in the establishment of national food reserves by making transfers of surplus agricultural commodities for the purpose of establishing such reserves. Commodity Credit Corporation shall make available to the President out of its stocks such agricultural commodities as he may request for this purpose.

"SEC. 502. In making transfers under this title, the President may provide for delivery f.o.b. vessels in United States ports and, upon a determination by the President that it is necessary to accomplish the purposes of such resolution, for the payment of ocean freight charges from United States ports to designated ports of entry abroad, and for furnishing of technical and other assistance in providing storage facilities for the food reserves so established.

"SEC. 503. (a) No assistance under this title shall be furnished to any nation or organization of nations unless such nation or organization agrees―

"(1) to use the commodities furnished under this title to establish national food reserves;

"(2) to maintain the food reserves so established at agreed levels; "(3) to consult with and utilize the services of experts and technicians of the United Nations Food and Agriculture Organization with respect to technical problems of storage, management, and operation of national food reserves;

"(4) to maintain and operate such reserves in such manner that they will not interfere with normal commercial trade of the United States or other friendly nations.

"(b) The President is authorized to make transfers of commodities under title II wherever necessary to replenish reserves which are depleted as a result of famine or other urgent or extraordinary relief requirements.

"SEC. 504. There are hereby authorized to be appropriated such sums as may be necessary to carry out the provisions of this title. Sums appropriated for such purpose shall be available to reimburse the Commodity Credit Corporation for the Corporation's investment in commodities transferred hereunder and for all costs referred to in section 103(a).

"SEC. 505. No grants or other assistance shall be furnished under this title after June 30, 1964.

"TITLE VI-BINATIONAL FOUNDATIONS

"SEC. 601. (a) The President is authorized to negotiate and carry out agreements with friendly nations to provide for the establishment in such countries of nonprofit foundations to foster and promote research, education, health, and public welfare.

"(b) A foundation established under this title shall be under the direction of a board of trustees consisting of—

"(1) a number, to be determined by the agreement between the United States and the country in which the foundation is located, of the nationals of such country appointed by the Government thereof;

"(2) an equal number of nationals of the United States (one of whom shall be the chief of the United States diplomatic mission to such country) appointed by the President; and

"(3) one member, who shall be chairman, who shall be appointed by the Government of such country with the approval of a majority of the members appointed as provided in clauses (1) and (2).

Members of a board of trustees shall serve at the pleasure of the appointing authority, and vacancies shall be filled in the same manner as in the case of the original appointments.

"SEC. 602. Notwithstanding the provisions of section 1415 of the Supplemental Appropriation Act 1953, or any other provision of law, the President is authorized to grant to any foundation established under this title for use in carrying out the purposes specified in section 601 (a) any unexpended local currencies which accrue to the United States, as repayments of principal or payment of interest on loans heretofore or hereafter made by the United States under section 104. Any such currencies may be used for direct expenditure, or may be invested and the proceeds used, for carrying out this title.

"TITLE VII-ADMINISTRATION

"SEC. 701. (a) There is hereby established in the Executive Office of the President an agency to be known as the Peace Food Administration, which

shall be headed by a Peace Food Administrator appointed by the President by and with the advice and consent of the Senate. The Peace Food Administrator shall serve at the pleasure of the President and shall receive compensation at the rate of $21,000 per annum.

"(b) (1) The President shall carry out the functions conferred upon him by this Act and section 402 of the Mutual Security Act of 1954, as amended, either directly or through the Peace Food Administrator.

"(2) The President is authorized to transfer to the Peace Food Administrator the functions of any other agency which he determines are related to the func tions of, and can be more effectively or economically carried out by the Peace Food Administrator, together with any personnel or property used primarily in carrying out such functions.

"(c) The Peace Food Administrator is authorized to make such expenditures and appoint and fix the compensation of such personnel as may be necessary to enable him to carry out his functions.

"SEC. 702. (a) There is hereby established a Peace Food Policy Committee which shall consist of an Assistant Secretary, or officer of comparable level, of each of the folowing departments or agencies: Departments of State, Treasury, Agriculture, Commerce, Health, Education, and Welfare, and the International Cooperation Administration.

"(b) It shall be the duty of the Peace Food Policy Committee to advise and consult with the Peace Food Administrator concerning the administration of this Act. The Committee shall meet from time to time upon request of the Peace Food Administrator and at such other times as it may deem necessary. "SEC. 703. (a) There is hereby established a Peace Food Advisory Committee which shall consist of representatives of the following and such other groups as the President deems advisable who shall be appointed by the President for terms of two years:

"(1) The major agricultural organizations;

"(2) Exporters of food and fiber;

"(3) Voluntary agencies such as CARE and church groups;

"(4) Educational groups; and

"(5) Voluntary health groups.

"(b) It shall be the duty of the Peace Food Advisory Committee to advise and consult with the Peace Food Administrator, and to make such recommendations as it deems advisable, concerning the administration of this Act. The Committee shall meet from time to time upon request of the Peace Food Administrator and at such other times as it may deem necessary. In carrying out its duties under this Act, the Committee shall invite a representative of the United Nations Food and Agriculture Organization to meet with the Committee in order that, through him, the views of other exporting countries might be heard and their interests taken into account.

"(c) Members of the Advisory Committee shall be entitled, while attending meetings of the Committee, to receive compensation at the rate of $50 per diem, and while away from their homes or regular places of business they may be allowed travel expenses, including per diem in lieu of subsistence, as authorized by law for persons in the Government service employed intermittently.

"SEC. 704. In negotiating agreements under this Act, the President shall give due consideration to the internal and external political and economic conditions of the countries concerned by drawing upon the appropriate title or titles of this Act in such manner as to carry out more effectively the policy set forth in section 2."

[H.R. 6602, 86th Cong., 1st sess.]

A BILL To promote the foreign policy of the United States and help to build essential world conditions of peace, by the more effective use of United States agricultural commodities for the relief of human hunger, and for promoting economic and social development in less developed countries

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That Public Law 480 of the Eightythird Congress, as amended, is further amended as follows:

(1) The first section (which provides the short title) is amended to read as follows:

"That this Act may be cited as the 'International Food for Peace Act of 1959'."