An Act to authorize the Secretary of State to evaluate in dollars certain financial assistance loans expressed in foreign currencies arising as a result of World War II, and for other purposes
PL 86-643 (H.R.808), enacted 07/14/1960

478 
PUBLIC LAW 86-643-JULY 14, 1960 
[74 ST ATJ 
Office building. 
Foreign credits. 
3 1 u s e 724. 
66 Stat. 662. 
60 Stat. 754. 
P ublic it y or prop-
aganda. 
Short title. 
ministrative expenses are subsequently transferred to or paid from 
other funds, the limitations on administrative expenses shall be cor-
respondingly reduced. 
SEC. 207. No part of any funds of or available to any wholly owned 
Government corporation shall be used for the purchase or construc-
tion, or in making loans for the purchase or construction of any office 
building, without specific authority in law therefor, primarily for 
occupancy by any department or agency of the United States Govern-
ment or by any corporation owned by the United States Government. 
SEC. 208. Pursuant to section 1415 of the Act of July 15, 1952 (66 
Stat. 662), foreign credits (including currencies) owed to or owned 
by the United States may be used by Federal agencies for any purpose 
for which appropriations are made for the current fiscal year (includ-
ing the carrying out of Acts requiring or authorizing the use of such 
credits), only when reimbursement therefor is made to the Treasury 
from applicable appropriations of the agency concerned: Provided^ 
That such credits received as exchange allowances or proceeds of sales 
of personal property may be used in whole or part payment for 
acquisition of similar items, to the extent and in the manner authorized 
by law, without reimbursement to the Treasury: Pro'oided further^ 
That nothing in section 1415 of the Act of July 15, 1952, or in this 
section shall be construed to prevent the making of new or the carrying 
out of existing contracts, agreements, or executive agreements for 
periods in excess of one year, in any case where such contracts, agree-
ments, or .executive agreements for periods in excess of one year were 
permitted prior to the enactment of this Act under section 32(b) (2) 
of the Surplus Property Act of 1944, as amended (50 U.S.C. App. 
1641(b) (2)), and the performance of all such contracts^ agreements, 
or executive agreements shall be subject to the availability of appro-
priations for the purchase of credits as j)rovided by law. 
SEC. 209. No part of any appropriation contained in this or any 
other Act, or of the funds available for expenditure by any individual, 
corporation, or agency included in this or any other Act, shall be used 
for publicity or propaganda purposes designed to support or defeat 
legislation pending before Congress. 
SEC. 210. This Act may be cited as the "General Government Mat-
ters Appropriation Act, 1961". 
Approved July 12, 1960. 
July 14, 1960 
[H. R. 808] 
Public Law 8.6-643 
AN ACT 
To authorize the Secretary of State to evaluate in dollars certain financial 
assistance loans expressed in foreign currencies arising as a result of World 
War II, and for other purposes. 
Financial 
ance loans, 
ation. 
assist-
evalii-
Be it enacted hy the Senate and House of Representatives 
of the 
United States of America in Congress asseTvibled^ That the Secretary 
of State is authorized, upon the approval of the Comptroller General, 
to evaluate in dollars claims of the United States arising as a result of 
World War I I loans expressed in foreign currencies as evidenced by 
promissory notes granted for financial assistance, repatriation, and 
other approved purposes, made from funds available to the Depart-
ment of State for emergencies in the diplomatic and consular service. 
Approved July 14, 1960.