An Act to authorize the Central Bank for Cooperatives and the regional banks for cooperatives to issue consolidated debentures, and for other purposes
PL 83-630 (S.3487), enacted 08/23/1954

770 
PUBLIC LAW 629-AtrG. 23, 1954 
[68 ST A T . 
fr^m^the^Nitw States of America in Congress assembled^ That the Government of 
lands. 
the Netherlands is authorized to erect a memorial carillon tower and 
ihstall carillon bells on public ^'oimd under the administration of 
the Secretary of the Interior, as a gift to the people of the United 
States from the people of the Netherhmds in gratitude for the gen-
erosity of the people of the United States for the aid and assistance 
rendered to the people of the Netherlands in times of national 
emergency. 
SEC. 2. The design and site of such memorial shall be approved by 
the Secretary of the Interior, and the United States shall be put to 
no expense in or by the erection of this memorial. 
SEC. O. The authority conferred pursuant to this joint resolution 
shall lapse unless (1) the erection of such memorial is commenced 
within five years after the date of the passage of this joint resolution, 
and (2) prior to its commencement funds are certified available in 
an amount sufficient, in the judgment of the Secretary of the Interior, 
to insure completion of the memorial. 
Approved August 23, 1954. 
August 23, 1954 
[S.3379] 
Public Law 629 
C H A P T E R 833 
AN ACT 
To amend section 4 of the Flammable Fabrics Act, with respect to standards of 
flammability in the case of certain textiles. 
Fla mmab il it y 
standardsii 
67 Stat. 112. 
Be it enactedr hy the SenMe and House of Representatives 
of the 
United States of America in Congress assembled^ That section 4 of 
the Flammable Fabrics Act (15 U. S. C , sec. 1193) is hereby amended 
by inserting at the end thereof the following subsection: 
"(c) Notwithstanding the provisions of paragraph 3.1 Commercial 
Standard 191-53, textiles free from nap, pile, tufting, flock, or other 
type of raised fiber surface when tested as described in said standard 
shall be classified as class 1, normal flammability, when the time of 
flame spread is three and one-half seconds or more, and as class 3, 
rapid and intense burning, when the time of flame spread is less than 
three and one-half seconds." 
Approved August 23, 1954. 
August 23, 1954 
[S. 3487] 
Public Law 630 
CHAPTER 834 
AN ACT 
To authorize the Central Bank for Cooperatives and the regional banks for 
cooperatives to issue consolidated debentures, and for other purposes. 
B a n k s for co-
operatives. 
48 Stat. 263. 
C o n s o l i d a t e d 
debentures. 
Committee. 
Be it enacted by the Senate and House of Representatives 
of the 
United States of America in Congress assembled, That section 37 of 
the Farm Credit Act of 1933, as amended (title 12, U. S. C, 1134m), 
is hereby amended by substituting the word "paragraph" for the word 
"section" in the next to the last sentence thereof and by adding thereto 
the following new paragraph: 
"When the Central Bank for Cooperatives and the regional banks 
for cooperatives shall by resolutions consent thereto, consolidated 
debentures of the thirteen banks for cooperatives may be issued in the 
manner and form and on terms and conditions approved by the Farm 
Credit Administration. 
There shall be a debenture committee com-
prised of the presidents of the twelve regional banks for cooperatives 
and the chief executive officer of the Central Bank for Cooperatives