priorities and allocations

priorities and allocations Sec. 101. (a) Section 101 of the Defense Production Act of 1950 is amended by adding at the end thereof the following: “No restriction, quota, or other limitation shall be placed upon the quantity of livestock which may be slaughtered or handled by any processor.” 65 Stat. 132 (b) Section 102 of the Defense Production Act of 1950 is amended by striking out the third sentence and inserting in lieu thereof the following sentences: “In making such designations the President may prescribe such conditions with respect to the accumulation of materials in excess of the reasonable demands of business, personal, or home consumption as he deems necessary to carry out the objectives of this Act. This section shall not be construed to limit the authority contained in sections 101 and 704 of this Act.” (c) Title I of the Defense Production Act of 1950 is hereby amended by adding the following section: “Sec. 104. Import controls of fats and oils (including oil-bearing materials, fatty acids, and soap and soap powder, but excluding petroleum and petroleum products and coconuts and coconut products), peanuts, butter, cheese and other dairy products, and rice and rice products are necessary for the protection of the essential security interests and economy of the United States in the existing emergency in international relations, and no imports of any such commodity or product shall lie admitted to the United States until after June 30, 1952, which the Secretary of Agriculture determines would (a) impair or reduce the domestic production of any such commodity or product below present production levels, or below such higher levels as the Secretary of Agriculture may deem necessary in view of domestic and international conditions, or (b) interfere with the orderly domestic storing and marketing of any such commodity or product, or (c) result in any unnecessary burden or expenditures under any Government price support program. The President shall exercise the authority and powers conferred by this section.”