Public Law 2.

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(/us/bill/75/pl/1)] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, Gold Reserve Act of 1934, amendments.[48 Stat. 341](/us/stat/48/341).[31 U.S. C. § 822a](/us/usc/t31/s822a).Stabilization fund.Duration of emergency powers of President concerning, extended. That subsection

(c)of section 10 of the Gold Reserve Act of 1934, approved January 30, 1934, is amended to read as follows:" “(c) All the powers conferred by this section shall expire June 30, 1939, unless the President shall sooner declare the existing emergency ended and the operation of their stabilization fund terminated.” " Sec. 2. Fixing weight of gold dollar. The second sentence added to paragraph

(2)of section 43, title III, of the Act approved May 12, 1933, by section 12 of said Specified powers defined.Gold Reserve Act of 1934 is amended to read as follows: “The powers of the President specified in this paragraph shall be deemed to be separate, distinct, and continuing powers, and may be exercised by him, from time to time, severally or together, whenever and as the Expiration.expressed objects of this section in his judgment may require ; except that such powers shall expire June 30, 1939, unless the President shall sooner declare the existing emergency ended.” Approved, January 23, 1937, 2 p. m. To continue the functions of the Reconstruction Finance Corporation, and for other purposes. 1937-01-26 6 Chapter 50 Stat. 5 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 2024-11-23 75 1 public 5 [CHAPTER 6] AN ACT To continue the functions of the Reconstruction Finance Corporation, and for other purposes. January 26, 1937[[S. 415](/us/bill/75/s/415)][[Public, No. 2](/us/bill/75/pl/2)] *Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled*, That notwithstanding Reconstruction Finance CorporationAuthority to function continued.any other provision of law, until the close of business on June 30, 1939, the Reconstruction Finance Corporation is hereby authorized to continue to perform all functions which it is authorized to perform under law, and the liquidation and winding up of the Liquidation, etc., postponed.[47 Stat. 10](/us/stat/47/10).[15 U. S. C. § 613](/us/usc/t15/s613).Corporation’s affairs as provided for by section 13 of the Reconstruction Finance Corporation Act, as amended, are hereby postponed during the period that functions of the Corporation are continued pursuant to this Act: *Provided*, That in order to facilitate the withdrawal *Proviso*.Temporary suspension of lending authority.of the credit activities of the Corporation when from time to time during such period the President finds, upon a report of the Board of Directors of the Corporation or otherwise, that credit for any class of borrowers to which the Corporation is authorized to lend is sufficiently available from private sources to meet legitimate demands upon fair terms and rates, the President may authorize the directors to suspend the exercise by the Corporation of any such lending authority for such time or times as he may deem advisable. Sec. 2.

(a)Section 7 of the Act approved January 31, 1935 (Public, Designated agencies continued.[49 Stat. 4](/us/stat/49/4).*Post*, pp. 347, 348.Numbered 1, Seventy-fourth Congress), is hereby amended by striking from the first sentence thereof “April 1, 1937” and inserting in lieu thereof “the close of business on June 30, 1939”; section 1 of the Act approved March 31, 1936 (Public, Numbered 484, Seventy-fourth [49 Stat. 1186](/us/stat/49/1186).Congress), is hereby amended by striking from the first sentence thereof “February 1, 1937” and inserting in lieu thereof “the close of business on June 30, 1939”; section 9 of the Act approved January 31, 1935 (Public, Numbered 1, Seventy-fourth Congress), is hereby amended by striking from the first sentence thereof “June 16, 1937” and inserting in lieu thereof “the close of business on June 30, 1939”.

(b)The agencies referred to in the Acts referred to in subdivision Incurring obligations after June 30, 1937.[49 Stat. 1647](/us/stat/49/1647).(a) of this section, and the RFC Mortgage Company, shall be deemed to be established by or pursuant to law within the meaning of section 7

(a)of the First Deficiency Appropriation Act, fiscal year 1936. Approved, January 26, 1937. To provide for loans to farmers for crop production and harvesting during the year 1937, and for other purposes. 1937-01-29 7 Chapter 50 Stat. 5 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 2024-11-23 75 1 public [CHAPTER 7] AN ACT To provide for loans to farmers for crop production and harvesting during the year 1937, and for other purposes. January 29, 1937[[H. R. 1545](/us/bill/75/hr/1545)][

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