St. Lawrence Seaway: Hearings Before the Committee on Public Works, House of Representatives, Eighty-second Congress, First Session on H.J. Res. 2 [and Others] ...

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Page 1336 - States, and such guaranty shall be expressed on the face thereof, and such bonds shall be lawful investments, and may be accepted as security, for all fiduciary, trust, and public funds, the investment or deposit of which shall be under the authority or control of the United States or any officer or officers thereof.
Page 1349 - Authority shall immediately be subject to the lien of such pledge without any physical delivery thereof or further act, and the lien of any such pledge shall be valid and binding as against all parties having claims of any kind in tort, contract or otherwise against the Authority, irrespective of whether such parties have notice thereof.
Page 763 - ... foster sound economic conditions in transportation and among the several carriers; to encourage the establishment and maintenance of reasonable charges for transportation services, without unjust discriminations, undue preferences or advantages, or unfair or destructive competitive practices; to cooperate with the several States and the duly authorized officials thereof; and to encourage fair wages and equitable working conditions; — all to the end of developing, coordinating, and preserving...
Page 1313 - That such arrangement will be effective only after approval by the Congress of the United States and the Legislature of the State of New York.
Page 1349 - York of a market value equal at all times to the amount of the deposit and all banks and trust companies are authorized to give such security for such deposits. The...
Page 1334 - To Improve the navigability and to provide for the flood control of the Tennessee River; to provide for reforestation and the proper use of marginal lands In the Tennessee Valley; to provide for the agricultural and industrial development of said valley; to provide for the national defense by the creation of a corporation for the operation of Government properties at and near Muscle Shoals In the State of Alabama, and for other purposes.
Page 1349 - ... so pledged and thereafter received by the Authority shall immediately be subject to the lien of such pledge without any physical delivery thereof or further act, and the lien of any such pledge shall be valid and binding as against all parties having claims...
Page 1353 - June 30 in each year with such amount as may be necessary for the payment of interest on advances made under subdivision (b) at the rate of 4 per centum per annum accrued during the year upon the amounts so advanced and remaining unpaid, except that if the fund is insufficient to meet...
Page 1349 - ... trustees and other fiduciaries and all other persons whatsoever who are now or may hereafter be authorized to invest in bonds or other obligations of the state, may properly and legally invest funds including capital in their control or belonging to them.
Page 1165 - Chairman and gentlemen of the committee, my name is Frazer A. Bailey. I am president of the National Federation of American Shipping, Inc., an industry organization comprising among its membership a majority of all deep-water drycargo American-flag shipping.