Executive Order 10708—Further Providing for the Administration of the Agricultural Trade Development and Assistance Act of 1954, as Amended

By virtue of the authority vested in me by section 301 of title 3 of the United States Code, and as President of the United States, and in order to further provide for the administration of the Agricultural Trade Development and Assistance Act of 1954, as amended, Executive Order No. 10560 of September 9, 1954, as amended, is hereby further amended as follows:

1. Section 4 (a) is amended by striking therefrom "paragraphs (a) to (h), inclusive" and by inserting in lieu thereof "paragraphs (a) to (f), inclusive, and (h) to (j), inclusive".

2. Paragraph (3) of section 4 (d) is amended to read as follows:

"(3) Those under section 104 (c) of the Act by the Department of Defense or the Department of State, as those agencies shall agree, or in the absence of agreement, as the Director of the Bureau of the Budget shall determine."

3. Paragraph (4) of section 4 (d) is amended by adding at the end thereof the following: "The amounts of foreign currencies which accrue under Title I of the Act to be used for the loans described in paragraph (g) of section 104 of the Act shall be the amounts thereof specified, or shall be the amounts thereof corresponding to the dollar amounts specified, for such loans in sales agreements entered into pursuant to section 3 (a) of this order."

4. Section 4 (d) is further amended by adding at the end thereof the following paragraphs:

"(7) Those under section 104 (1) of the Act by the United States Information Agency.

"(8) Those under section 104 (j) of the Act by the Department of State and by the United States Information Agency in accordance with the division of responsibilities for the administration of section 203 of the United States Information and Educational Exchange Act of 1948 (62 Stat. 6) provided by Reorganization Plan No. 8 of 1953 (67 Stat. 642) and Executive Order No. 10477 of August 1, 1953; and by subsequent agreement between the Department of State and the United States Information Agency."

DWIGHT D. EISENHOWER

THE WHITE HOUSE,

May 6, 1957.