An Act to provide authority for temporary economic controls, and for other purposes
PL 83-95 (S.1081), enacted 06/30/1953

67 
S T A T . ] 
PUBLIC LAW 95-JUNE 30, 1953 
129 
mortgagor is regulated or restricted pursnant to the last sentence 
of this section or (2)"; and 
(2) by adding the following new sentence at the end of said sec-
tion : "Without limiting the authority of the Commissioner under 
any other provision of law, the Commissioner is hereby authorized, 
with respect to any mortgagor in such case (except where the Alaska 
Housing Authority is the mortgagor or mortgagee), to require the 
mortgagor to be regulated or restricted as to rents or sales, charges, 
capital structure, rate of return, and methods of operation to such 
an extent and in such manner as the Commissioner determines 
advisable to provide reasonable rentals and sales prices and a rea-
sonable return on the investment." 
Approved June 30, 1953. 
Public Law 95 
CHAPTER 171 
AN ACT 
June 30, 1953 
To provide authority for temporary economic controls, and for other purposes. 
[S. 108I] 
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress assembled^ That this Act may 
be cited as the "Defense Production Act Amendments of 1953". 
SEC. 2. Section 2 of the Defense Production Act of 1950, as amended, 
is amended to read as follows: 
Defense Produc-
tion Act Amend-
ments of 1953. 
64 Stat. 798. 
5 0 u s e 
app. 
2062. 
'DECLARATION OF POLICY 
"SEC. 2. In view of the present international situation and in order 
to provide for the national defense and national security our mobiliza-
tion effort continues to require some diversion of certain materials and 
facilities from civilian use to military and related purposes. 
It also 
requires expansion of productive facilities beyond the levels needed to 
meet the civilian demand." 
SEC. 3. Section 101 of the Defense Production Act of 1950, as 
amended, is amended to read as follows: 
"SEC. 101. (a) The President is hereby authorized (1) to require 
that performance under contracts or orders (other than contracts of 
employment) which he deems necessary or appropriate to promote the 
national defense shall take priority over performance under any other 
contract or order, and, for the purpose of assuring such priority, to 
require acceptance and performance of such contracts or orders in 
preference to other contracts or orders by any person he finds to be 
capable of their performance, and (2) to allocate materials and facili-
ties in such manner, upon such conditions, and to such extent as he shall 
deem necessary or appropriate to promote the national defense. 
"(b) The powers granted in this section shall not be used to control 
the general distribution of any material in the civilian market unless 
the President finds (1) that such material is a scarce and critical 
material essential to the national defense, and (2) that the require-
ments of the national defense for such material cannot otherwise be 
met without creating a significant dislocation of the normal distribu-
tion of such material in the civilian market to such a degree as to create 
appreciable hardship." 
SEC. 4. Subsection (a) of section 301 of the Defense Production 
Act of 1950, as amended, is amended by striking out", or in connection 
with or in contemplation of the termination," and by inserting before 
the period at the end thereof a comma and the following: "or for the 
purpose of financing any contractor, subcontractor, or other person in 
5 0 U S C a p p . 
2071. 
P r i o r itie s 
allocations. 
and 
Restriction. 
5 0 U S C 
2091. 
130 
PUBLIC LAW 95-JUNE 30, 1953 
[67 ST A T . 
65 Stat. 139. 
5 0 U S C a p p . 
i l 6 3 a . 
Purchases. 
65 Stat. 133. 
5 0 U S C a p p . 
2093. 
T r a n s f e r to 
8toclq>ile. 
53 Stat. 811. 
5 0 U S C 
2094. 
5 0 U S C a p p . 
2151. 
Allocations. 
F a i r s h a r e of 
civilian supply. 
5 0 U S C a p p . 
2152. 
" N a t i o n a l de-
fense. " 
connection with or in contemplation of the termination, in the interest 
of the United States, of any contract made for the national defense; 
but no small-business concern (as defined in section 714 (a) (1) of 
this Act) shall be held ineligible for the issuance of such a guaranty 
by reason of alternative sources of supply". 
SEC. 5. Subsection (b) of section 303 of the Defense Production Act 
of 1950, as amended, is amended by striking out "1962" and inserting 
in lieu thereof "1963". 
SEC. 6. Section 303 of the Defense Production Act of 1950, as 
amended, is amended by adding at the end thereof a new subsection 
as follows: 
"(f) Notwithstanding any other provision of law to the contrary, 
metals, minerals, and materials acquired pursuant to the provisions of 
this section which, in the judgment of the President, are excess to the 
needs of programs under this Act, shall be transferred to the national 
stockpile established pursuant to the Act of June 7, 1939, as amended 
(50 tJ, S. C. 98-98h), when the President deems such action to be in 
the public interest. 
"Transfers made pursuant to this subsection shall be made without 
charge against or reimbursement from funds available under such Act 
of June 7,1939, as amended, except that costs incident to such transfer 
other than acquisition costs shall be paid or reimbursed from such 
funds, and the acquisition costs of such metals, minerals, and materials 
transferred shall be deemed to be net losses incurred by the trans-
ferring agency and the notes payable issued to the Secretary of the 
Treasury representing the amounts thereof shall be canceled. 
Upon 
the cancellation of any such notes the aggregate amount of borrowing 
which may be outstanding at any one time under section 304 (b) of 
this Act, as amended, shallbe reduced in an amount equal to the amount 
of any notes so cancelled." 
SEC. 7. Subsection (c) of section 701 of the Defense Production Act 
of 1950, as amended, is amended to read as follows: 
"(c) Whenever the President invokes the powers given him in this 
Act to allocate any material in the civilian market, he shall do so in 
such a manner as to make available, so far as practicable, for business 
and various segments thereof in the normal channel of distribution of 
such material, a fair share of the available civilian supply based, so 
far as practicable, on the share received by such business under normal 
conditions during a representative period following June 30, 1953: 
Provided^ however^ That the President shall from time to time give 
effect to the then current competitive position of established businesses 
as measured over a reasonable period of time, except as the same may 
result from Government controls under this or any other Act: 
Provided further^ That the limitations and restrictions imposed on 
the production of specific items shall not exclude new concerns and 
newly acquired operations from a fair and reasonable share of total 
authorized production, and shall give due consideration to the needs 
of new concerns and newly acquired operations: Provided 
fwrther^ 
That if the President continues or reimposes allocation controls after 
June 30, 1953, in the civilian market of any materials subject to such 
controls on July 1, 1953, he shall do so in the manner above provided 
but on the basis of the share received by such business during a repre-
sentative period preceding June 24, 1950, adjusted to reflect, since 
such date, attained competitive position, the requirements of new 
concerns and newly acquired operations." 
SEC. 8. Section 702 (d) of the Defense Production Act of 1950, as 
amended, is amended to read as follows: 
"(d) The term 'national defense' means programs for military and 
atomic energy production or construction, military assistance to any 
foreign nation, stockpiling, and directly related activity." 
67 S T A T . ] 
PUBLIC LAW 96-JUNE 30, 1953 
181 
SEC. 9. Subsection (e) of section 705 of the Defense Production Act 
of 1950, as amended, is hereby amended by adding at the end thereof 
the following paragraph: 
"All information obtained by the Office of Price Stabilization under 
this section 705, as amended, and not made public prior to April 30, 
1953, shall be deemed confidential and shall not be published or 
disclosed, either to the public or to another Federal agency except 
the Congress or any duly authorized committee thereof, and except 
the Department of Justice for such use as it may deem necessary in 
the performance of its functions, unless the President determines that 
the withholding thereof is contrary to the interests of the national 
defense, and any person willfully violating this provision shall, upon 
conviction, be fined not more than $10,000 or imprisoned for not more 
than one year, or both." 
SEC. 10. (a) Paragraph (4) of subsection (a) of section Y14 of the 
Defense Production Act of 1950, as amended, is amended by striking 
out "June 30, 1953" and inserting in lieu thereof "July 31, 1953". 
(b) Paragraph (3) of subsection (f) of section 714 of the Defense 
Production Act of 1950, as amended, is amended by inserting after 
the word "allocated" the first time it appears therein the words "in 
the civilian market". 
(c) Paragraph (4) of subsection (f) of section 714 of the Defense 
Production Act of 1950, as amended, is repealed. 
SEC. 11. Subsection (a) of section 717 of the Defense Production 
Act of 1950, as amended, is amended to read as follows: 
"(a) Title I (except section 104), title III, and title VII (except 
section 714) of this Act, and all authority conferred thereunder, shall 
terminate at the close of June 30, 1955. Section 714 of this Act, and 
all authority conferred thereunder, shall terminate at the close of 
July 31, 1953. Section 104, title II, and title VI of this Act, and all 
authority conferred thereunder, shall terminate at the close of June 
30, 1953. Titles IV and V of this Act, and all authority conferred 
thereunder, shall terminate at the close of April 30,1953." 
SEC. 12. The first sentence of subsection (c) of section 717 of the 
Defense Production Act of 1950, as amended, is amended by adding 
before the period at the end thereof a comma and the following: "or 
the taking of any action (including the making of new guarantees) 
deemed by a guaranteeing agency to be necessary to accomplish the 
orderly liquidation, adjustment or settlement of any loans guaranteed 
under this Act, including actions deemed necessary to avoid undue 
hardship to borrowers in reconverting to normal civilian production; 
and all of the authority granted to the President, guaranteeing 
agencies, and fiscal agents, under section 301 of this Act shall be 
applicable to actions taken pursuant to the authority contained in 
this subsection". 
Approved June 30, 1953. 
5 0 U S C a p p . 
2155. 
Office 
of Price 
Stabilization. 
Information. 
Penalty. 
SDPA, termina-
tion. 
66 Stat. 306. 
s o u s e 
a p p . 
2163a. 
Repeal. 
T e r m i n a t i o n 
dates. 
5 0 
u s e 
a p p . 
2166. 
5 0 U S e 
a p p . 
2091. 
Public Law 96 
CHAPTER 172 
JOINT RESOLUTION 
j ^ , 30^ ,^,, 
To extend the effectiveness of certain statutory provisions from July 1, 1953, to 
[H. J. Res. 285] 
August 1, 1953. 
Resolved hy the Senate and House of Representatives 
of the United 
States of America in Congress a^semhled^ That the Emergency Powers 
Continuation Act (66 Stat. 330), as amended, is hereby further 
amended by deleting the date "July 1,1953" wherever it appears therein 
and by inserting in lieu thereof the date "August 1, 1953": Provided^