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VOLUME 15

Washington, Saturday, August 19, 1950

TITLE 7 AGRICULTURE
Chapter VII Production and Mar keting Administration Agricultural Adjustment, Department of Agri culture MQ-71 C otton 1950, Am dt. 2
P art
722C otton
ACREAGE ALLOTMENTS AND MARKETING
QUOTAS TOR 1950 CROP

Basis and purpose. Section 375 b of the Agricultural Adjustment Act of 1938, as amended, provides that the Secretary of Agriculture shall provide by regula tions for the identification, wherever nec essary, of cotton so as to afford aid in discovering and identifying such amounts as are subject to and such amounts as are not subject to marketing restrictions in effect under the act.
Under the authority of this provision, 722,159 of the Regulations Pertaining to Acreage Allotments and Marketing Quotas for the 1950 Crop of Cotton, is sued June 26, 1950 15 P. R. 4162 pro vides that any cotton purchased by a buyer from a producer shall be taken as subject to the marketing penalty of 15.5
cents a pound unless the producer iden tifies the cotton as being not subject to the penalty by presenting to the buyer a marketing card or marketing certifi cate issued to the producer by the ap propriate Production and Marketing Administration county committee.
Many producers are now selling their equities in 1949 crop cotton which is pledged to the Commodity Credit Cor poration as collateral security for loans under the Agricultural Act of 1948, and the regulations require these sales to be identified with marketing certificates.
It has been found that this requirement imposes an unreasonable burden on the producers and purchasers involved. The amendment to the regulations set out herein eliminates under certain condi tions the use of marketing certificates for such sales and provides that certain loan documents covering the cotton shall be taken by the purchaser as satisfactory evidence that the cotton was produced in 1949 and that it is not subject to the penalty. It is in the interest of pro ducers and the persons engaged in the
purchase of producers equities in 1949
loan cotton that the amendment become effective at the earliest possible date in order that sales of such equities may be made without the delay and inconven ience incident to the issuance and use of marketing certificates. Accordingly, it is hereby determined and found that compliance with the notice, procedure, and effective date requirements of the Administrative Procedure Act 60 Stat.
237 is impracticable and contrary to the public interest, and the amendment contained herein shall be effective upon filing of this document with the Director, T .ision of Federal Register.
The Regulations Pertaining to Acre age Allotments and Marketing Quotas for the 1950 Crop of Cotton 15 F. R.
4162 are hereby amended by the addi tion of the following new section:
722.176 Purchases of 1949 CCC loan equities. Notwithstanding any other provision of the regulations in this part any producer who desires to sell his equity in cotton pledged as collateral security for a 1949 Commodity Credit Corporation loan may identify such cot ton as being penalty free by presenting to the buyer of such equity a 1949 form entitled Producers Loan Statement A, Commodity Credit Corporation or a form entitled Producers Warranty and Agreement 1949 C. C. C. Cotton Form G-2 covering such loan cotton and the buyer of such equity shall accept such identification as evidence to him that the cotton described on such forms is not subject to the penalty or the lien for penalty. With respect to each such purchase, the buyer shall keep a record and make a report to the treasurer of the county committee for the county in which such cotton was produced of the following information: a The name and address of the producer from whom the equity was purchased; b the date on which the equity was purchased; c the form used to identify the cotton pledged as collateral security for a 1949
Commodity Credt Corporation loan; d the date of the note covering such cot ton; e the warehouse receipt number for such cotton; f the name of the warehouse where such cotton is stored;
and g the gross weight of each bale securing such loan. The report covering C on tin u ed on n ext page
CONTENTS
Agriculture Department
Page
See Production and Marketing Administration.
Air Force Department
New Mexico; withdrawal of public lands for use in connection with solar observatory see Land Management, Bureau of.
Alien Property, Office of
Notices:
V v d t iilg
U1 v lC l j

DAmbrosio, Blandina--------Fuhrmeister & Co-------------Hawadier, Marcel Marie Gaé tan, and Michel Gravina Seherr-Thoss, Margaret Mu riel, et al_____________ -

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Army Department
Alaska; reservation of certain area for military purposes see Land Management, Bureau of.
Rules and regulations:
Gratuity upon death; special determinations___________ 5534
Defense Department
See Air Force Department; Army Department.
Federal Communications Com mission
Notices:
Hearings, etc.:
Brandt, Paul A. WCEN 553T
Mt. Airy Broadcasters, Inc 5537
Young, H. C., Jr., and South ern Broadcasting Co., Inc__ 5537
Federal Power Commission
Notices:
Hearings, etc.:
Fall River Power Co------------ 5538
Tennessee Gas Transmission Co____________________ 5538
General Services Administration
Notices :
Delegation of authority to Sec retary of Interior with respect to purchases and contracts for supplies and services in connection with construction and maintenance of roads and trails of National Park Service__________________ 5538
Housing and Agency
Homo
Finana
See Public Housing Administra tion.
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