Small Business Amendments of 1959: Hearings Before a Subcommittee of the Committee on Banking and Currency, United States Senate, Eighty-sixth Congress, First Session, on Various Bills to Amend the Small Business Act of 1953 and the Small Business Investment Act of 1959...

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U.S. Government Printing Office, 1959 - 690 páginas

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Página 333 - In the Interest of assuring that a fair proportion of the total purchases and contracts for property and services for the Government are placed with small business concerns...
Página 688 - The essence of the American economic system of private enterprise is free competition. Only through full and free competition can free markets, free entry into business, and opportunities for the expression and growth of personal initiative and individual judgment be assured. The preservation and expansion of such competition is basic not only to the economic well-being but to the security...
Página 4 - Act, as amended, is amended — (1) by striking out the period at the end of "paragraph (5)" and inserting in lieu thereof " ; and" ; and (2) by adding after paragraph (5) a new paragraph as follows: "(6) to make such loans (either directly or in cooperation with banks or other lending institutions through agreements to participate on an immediate or deferred basis) as the Administration may determine to be necessary or appropriate to assist any small business concern...
Página 528 - Administration, that it is in the interest of maintaining or mobilizing the Nation's full productive capacity, in the interest of war or national defense programs, or in the interest of assuring that a fair proportion of Government procurement is placed with small business concerns.
Página 301 - ... concerns need for the sound financing of their business operations and for their growth, expansion, and modernization, and which are not available in adequate supply : Provided, however. That this policy shall be carried out in such manner as to insure the maximum participation of private financing sources.
Página 318 - Government contract, the officers of the Government having procurement or property disposal powers are directed to accept such certification as conclusive, and are authorized to let such Government contract to such concern or group of concerns without requiring it to meet any other requirement with respect to capacity and credit...
Página 4 - Act is amended — (1) by striking out "and" at the end of paragraph (1) ; (2) by striking out the period at the end of paragraph (2) and inserting in lieu thereof
Página 8 - The Bureau of the Budget has advised that it has no objection to the submission of this report. Sincerely yours, Ross RIZLEY, Chairman.
Página 1 - ... commencing with the taxpayer's use of the property and including the taxable year, does not, during the first two-thirds of the useful life of the property, exceed the total of such allowances which would have been used had such allowances been computed under the method described in paragraph (2). Nothing in this subsection shall be construed to limit or reduce an allowance otherwise allowable under subsection (a).
Página 2 - Such election shall be made in such manner as the Secretary or his delegate may by regulations prescribe, and shall be irrevocable when made.

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