Agricultural relief: Export debenture plan

Export debenture plan (Pt. 5)

Bibliographic data

Multivolume work

Identifikator:: 1831932415

Document type:: Multivolume work

Title:: Agricultural relief

Place of publication:: Washington

Publisher:: Gov. Pr. Off.

Year of publication:: 1928

Collection:: Economics Books

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Volume

Identifikator:: 1831934671

URN:: urn:nbn:de:zbw-retromon-232129

Document type:: Volume

Title:: Export debenture plan

Volume count:: Pt. 5

Place of publication:: Washington

Publisher:: Gov. Pr. Off.

Year of publication:: 1928

Scope:: III S., S. 299 - 427

Digitisation:: 2022

Collection:: Economics Books

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300 AGRICULTURAL RELIEF (f£) Shall meet at the call of the chairman or upon call of the other two members. (g) Shull keep advised, from any available sources, of crop prices, prospects, the probability of the existence of a surplus of any agricultural commodity or any of its food products. The board may advise producers through their organizations or otherwise in matters connected with the distribution and marketing of any such commodity, in order that the producers may secure the maximum benefits under this act. (h) Shall advise producers through their organizations or otherwise in the development of suitable programs of planting or breeding, in order that they may secure such benefits, EXPORT DEBENTURES Sec. 4. (a) On and after the 1st day of July next following the approval of this act the Secretary of the Treasury, under the regulations prescribed by the board, shall, subject to the limitations of this act, issue to any person in respect of any quantity of a debenturable agricultural commodity, or of any quantity of any debenturable product of such commodity, that is exported from the United States to a foreign country by such person, an export debenture in an amount computed at the debenture rate for such commodity or product, effective at the time of the exportation. (b) In order to procure the issuance of an export debenture, such person shall, within a reasonable time prior to the exportation to be prescribed under regulations of the board (1) make application for such debenture, and (2) submit proofs satisfactory to the board either that the quantity of the debentur- able agricultural commodity to be exported was produced in the United States and lias not previously been exported therefrom, or that the agricultural com- modity used in making the quantity of the debenturable product to be exported was produced in the United States and the agricultural commodity and the debenturable product have not previously been exported therefrom. (¢) Any export debenture, when presented by the bearer thereof within one year from the date of issuance of the debenture, shall be receivable at its face value by any collector of customs, or deputy collector of customs or other person authorized by law or by regulation of the Secretary of the Treasury to perform the duties of collector of customs, in payment of duties collectible against articles imported by such bearer. (d) Title to any export debenture shall be transferable by delivery. DFBENTURABLE COMMODITIES AND PRODUCTS Sec. 5. For the purposes of this act, wheat, corn, rice, fruit, swine, cattle, poultry, cotton, tobacco, and any other agricultural commodity which is desig- nated by the President under section 6(b), shall be known and are referred to as debenturable agricultural commodities. Any food product of wheat, corn, rice, fruit, swine, cattle, or poultry, or any manufactured product of cotton, tobacco, or any other agricultural commodity designated by the President under section 6(b), shall be known and is referred to as a debenturable product if a debenture rate is prescribed for such product in section 6(b) or is prescribed for such product by the President under section 6(e). EXPORT DERENTURE RATES SEC. 6. (a) The following export debenture rates are hereby prescribed : (1) Swine, one-quarter of 1 cent per pound; fresh pork, three-eights of 1 cent per pound ; bacon, hams, shoulders, and other pork, prepared or preserved, 1 cent per pound; lard, one-half of 1 cent per pound. (2) Cattle weighing less than one thousand and fifty pounds, three-fourths of 1 cent per pound; cattle weighing one thousand and fifty pounds or more, 1 cent per pound; fresh beef and veal, 1% cents per pound. . (3) Corn or maize, including cracked corn, 7% cents per bushel of fifty-six pounds; corn grits, meal, and flour, and similar products, 15 cents per one hundred pounds. | (4) Paddy or rough rice, one-half of 1 cent per pound; brown rice (hulls removed), five-eighths of 1 cent per pound ; milled rice (bran removed), 1 cent per pound; broken rice. and rice meal. flour. polish, and bran. one-quarter of 1 cent per ponnd

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