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1 Nitrate Plants: Communication from the President of the United States 1924

handle is hein.beal/upns0001 and id is 1 raw text is: 68TH CONGRESS HOUSE OF REPRESENTATIVES DqcUMENT 2d Session No. 495 NITRATE PLAN COMMUNICATIO y FROM THS PRESIDENT OF THE UNITED STATES TRANSMITTING DRAFT OF PROPOSED LEGISLATION MAKING AVAILABLE THE SUM OF $15,000 FROM THE UNEXPENDED BALANCE OF THE APPROPRIATION OF $20,000,000 PROVIDED BY THE NATIONAL DEFENSE ACT OF JUNE 3, 1916, AS AMENDED, FOR THE PUR- POSE OF DEFRAYING SUCH EXPENSES AS MAY BE NECESSARY AND INCIDENTAL TO THE ARBITRATION OF THE RATE OF ROYALTY TO BE PAID THE AMERICAN CYNAMID CO. ON PATENTS OWNED BY SAID COMPANY DECEMBER 17, 1924.-Referred to the Committee on Appropriations and ordered to be printed THE WHITE HOUSE, FWashington, December 17, 19.24. Thbe SPEAKER OF THE HOUSE OF REPRESENTATIVES. SIR: I have the honor to transmit herewith for the consideration of Congress a draft of proposed legislation making available the sum of $15,000 from the unexpended balance of the appropriation of $20,000,000 provided by the national defense act of June 3, 1916, as amended, for the purpose of defraying such expenses as may be necessary and incidental to the arbitration of the rate of royalty to be paid the American Cynamid Co. on patents owned by said com- pany. The details of this proposed legislation, the necessity therefor, and the reason for its submission at this time are set forth in the letter of the Director of the Bureau of the Budget transmitted herewith, with whose comments and observations thereon I concur. Respectfully, CALVIN COOLIDGE. Digitized from Best Copy Available

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