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Code · STATUTES-AT-LARGE · Vol. 45 STAT. · February 4, 1929 · Chapter 147

Chapter 147.

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Chap. 147: Authorizing the President to ascertain, adjust, and pay certain claims of grain elevators and grain firms to cover insurance and interest on wheat during the years 1919 and 1920, as per a certain contract authorized by the President. 1929-02-04 147 Chapter 45 Stat. 1148 United States Government Publishing Office text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Digitization Vendor 2025-01-24 70 2 public 1148 Chapter 147.— Joint Resolution Authorizing the President to ascertain, adjust, and pay certain claims of grain elevators and grain firms to cover insurance and interest on wheat during the years 1919 and 1920, as per a certain contract authorized by the President.
February 4, 1929.[[S. J. Res. 59](href=/us/bill/70/sjres/59).][[Pub. Res., No. 80](/us/bill/70/pubres/80).] Wheat guaranteed prices contracts, 1919, 1920.Preamble.Whereas it is provided in the Act entitled “An Act to provide further for the national security and defense by encouraging the production, conserving the supply, and controlling the distribution of food products and fuel (chapter 53, Fortieth Statutes at Large, approved August 10, 1917, and chapter 125, Fortieth Statutes at Large, approved March 4, 1919), wherein the President was authorized to determine and fix a guaranteed price, to be paid producers of wheat, and wherein the President was further authorized as follows:
" Statutory authorization.“Whenever the President shall find it essential in order to carry out the guarantees aforesaid, or to protect the United States against Vol. 40, pp. 281, 1350.undue enhancement of its liabilities thereunder, he is authorized to make reasonable compensation for handling, transportation, insurance, and other charges with respect to wheat and wheat flour of said crops and for storage thereof in elevators, on farms and elsewhere”; and " Whereas, the President by an Executive order (Numbered 3087), dated May 14, 1919, in pursuance of the power conferred on him by said Act, did order as follows:
" “I further find it essential and hereby direct that in order to carry out the guarantees made producers of wheat of the crops of 1919, and to protect the United States against undue enhancement of its liabilities thereunder, the United States wheat director utilize the services of the Food Administration Grain Corporation (now the United States Grain Corporation by reason of a change of name authorized by Executive order) as an agency of the United States, and I authorize the Food Administration Grain Corporation * * * to enter into such voluntary agreements to make such arrangements and to do and perform all such acts and things as may be necessary to carry out the purposes of said Act”; and " Whereas the United States Grain Corporation, in pursuance of said Executive order, and, for the purpose of carrying out and making effective the guaranteed price, made, and entered into, a certain contract, known as “the Grain Dealers’ Agreement,” with various independent and farmer grain firms and grain elevator companies in Montana, North Dakota, South Dakota, Minnesota, Nebraska, Kansas, Iowa, Missouri, Wyoming, and Oklahoma, and wherein it was agreed as follows:
" “Fourth. In case the dealer (the elevator firms) shall be unable, after using every effort and all diligence to ship in any week such total of grain as makes the equivalent of at least 20 per centum of the amount of wheat in his elevator and owned by him at the beginning of such week, the grain corporation shall pay to the dealer to cover insurance and interest for such week seven-twentieths of a cent per bushel on the wheat in the elevator owned by him at the beginning of such week”; and " Whereas the President, in an Executive order, dated August 21, 1920, did approve, ratify, and confirm all acts done or authorized by the said United States Grain Corporation in carrying out and making the guaranteed price effective; and Whereas a number of claims of the said grain dealers, for money earned under said contract, still remains unpaid:
Therefore be it *Resolved by the Senate and House of Representatives of the United States of America in Congress assembled,* Claims for money earned under contracts to be adjusted by Comptroller General. That the Comptroller General of the United States be, and he is hereby, authorized to ascertain the amount due on said claims, if any, and he is further authorized1149to settle and adjust said claims, and to certify same to the Secretary of the Treasury for payment to the several persons entitled thereto,Payment authorized. as their respective interests may appear together with the reasonable and necessary expenses incident to the administration of this resolution, out of any funds now in the hands of the United States Grain Corporation, and belonging to the United States, or out of the funds in the United States Treasury, not otherwise appropriated: *Provided*,*Proviso*.Attorneys’ fees restricted.
That attorneys’ fees shall not exceed 15 per centum of the amount recovered. Approved, February 4, 1929.
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