DEPARTMENT OF COMMERCE

DEPARTMENT OF COMMERCE Maritime Activities ship construction For an additional amount for “Ship construction”, for the payment of obligations incurred on or after July 1, 1946, for ship construction, reconditioning, and betterments, $60,000,000, to remain available until expended: Provided, That appropriations and contract authorizations made available for the fiscal year 1951, under the head “Ship construction”, in the Second Supplemental Appropriation Act, 1951, shall remain available during the fiscal year 1952: Provided further, That this appropriation shall be available for the purchase of vessels as authorized by law (46 U. S. C. 1242). war-risk insurance revolving fund For the war-risk insurance revolving fund, authorized by title XII of the Merchant Marine Act, 1936, as amended (Public Law 763, approved September 7, 1950), the Secretary of Commerce is authorized to transfer to said fund, at such times as it may become necessary in order to place into effect the insurance coverage authorized by said title, and in such amounts as he may determine, not to exceed a total of $10,000,000 from the “Vessel operations revolving fund”. salaries and expenses Not exceeding $1,750,000 of the unobligated balance of the Appropriation “Salaries and expenses” in the Independent Offices Appropriation Act, 1951, is hereby reappropriated to the appropriation “Salaries and expenses” in the Independent Offices Appropriation Act, 1952, and the limitation under the latter appropriation on administrative expenses shall be increased by $750,000, and the limitation under the latter appropriation on reserve fleet expenses shall be increased by $1,000,000: Provided, That the amount herein reappropriated for reserve fleet expenses shall be available during the fiscal year 1952 for bottom preservation, supplies and materials, and contracts for their installation, and shall be in addition to funds appropriated therefor for the fiscal year 1952.