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RFC subsidiaries, 1944-49; renegotiation agreements by other agencies, 1943-49; letters discharging firms from excessive profits claims, 1945-48; memorandums of the secretary, 1943-49; and miscellaneous financial records, 1945-48.

OTHER RECORDS OF THE RFC. 1932-53. 24 lin. ft.

Included are Deposit Liquidation Board general records, 1932-43; Office of War Activity Liquidation records of meetings of the Plant Liquidation Division Review Committee and of the Contract and Commodity Claims Committee, 1948-50; Loan Policy Board minutes, 1951-53; Federal Loan Agency general correspondence file, 1939-45, and administrative subject file, 1939-45, and directives, 1939-49; general correspondence and general subject files of the Secretary of Commerce, 1942-44; and minutes of the RFC Supervising Committee for Settlement of Terminated War Contracts, June-October 1944, and of the RFC Contract Settlement Committee, 1944-45.

RECORDS RELATING TO REGIONAL AGRICULTURAL CREDIT CORPORATIONS. 1932-33. 1 lin. in.

Twelve corporations were established in 1932 by the RFC in Federal land bank districts to make loans for agriculture and livestock production. They were transferred to the Farm Credit Administration in 1933. The records consist of summary histories of principal and branch offices in each district, including information about district officers, and bulletins.

RECORDS OF THE RFC MORTGAGE COMPANY. 1935-48. 60 lin. ft.

This Company was incorporated March 14, 1935, by RFC officials, and the RFC purchased its capital stock. Its function was to assist in the reestablish

inent of a normal mortgage market. The records include minutes, with indexes and memorandums, 1935-48; and organizational material, correspondence with the Federal Housing Administration, interoffice memorandums relating to policies and procedures for loans on real estate mortgages, bulletins and circular letters, periodic financial statements, statistical reports on loans, and newspaper clippings.

RECORDS OF THE FEDERAL
NATIONAL MORTGAGE
ASSOCIATION. 1938-50. 2 lin. ft.

The Federal National Mortgage Association (FNMA) was originally chartered as the National Mortgage Association of Washington on February 10, 1938, to provide a secondary market for mortgages insured by the Federal Housing Administration. It was made a subsidiary of the RFC, and the name was changed to the Federal National Mortgage Association on April 5, 1938. The FNMA was transferred to the Housing and Home Finance Agency in 1950. The records consist of legal and financial documents, reports, correspondence, interoffice memorandums, charts, bulletins, and resoluticns of the Board of Directors relating to organization, policy, operations, and procedure.

RECORDS OF THE DISASTER LOAN CORPORATION. 1937-45. 49 lin. ft.

Created by an act of February 11, 1937, to meet a flood emergency in the Ohio-Mississippi Valley, the Disaster Loan Corporation (DLC) was empowered to make loans to relieve conditions brought about by natural catastrophes. It was dissolved on June 30, 1945, and its operations, functions, and records were transferred to the RFC. The records comprise minutes, with related memorandums and indexes, 1937-45; and reports, bulletins, resolutions of the RFC Board of Directors and the DLC

Managing Director, forms, and press clippings relating to DLC organization, administration, and operations.

RECORDS OF THE METALS RESERVE COMPANY. 1940-53. 74 lin. ft.

The Metals Reserve Company (MRC) was organized June 28, 1940, to procure, stockpile, and dispose of metals and minerals defined as strategic and critical and to pay subsidies to producers of such materials. The MRC was dissolved and merged with the RFC July 1, 1945, after which the liquidation of MRC assets and liabilities was taken over by the RFC Office of Metals Reserve. The records include minutes, with an index, 1940-45; reports, memorandums, and other records relating to MRC activities, 194053; records relating to the premium price plan, which provided for incentive payments to domestic producers of copper, lead, and zinc for exceeding production quotas and exploratory projects, 194250; and contracts, agreements, audit reports, and other financial records, with related correspondence, 1940-49.

RECORDS OF THE DEFENSE PLANT CORPORATION. 1940-60. 815 lin. ft.

The Defense Plant Corporation (DPC) was organized on August 22, 1940, to finance and supervise construction and equipping of industrial facilities operated, for the most part, by private concerns sponsored by Federal agencies administering defense and war programs. It was dissolved July 1, 1945, and its functions, assets, and liabilities were merged with the RFC. The RFC Office of Defense Plants was established to liquidate DPC assets. The records consist of minutes, with accompanying supporting documents and an index, 1940-45; reports, correspondence, memorandums, and resolutions relating to DPC operations, 1940-51; engineer reports ("Plancor" files) regarding plant facili

ties, 1942-50 (in WNRC); final accountability reports, 1942-50 (in WNRC); correspondence with sponsoring agencies, relating to the leasing of equipment and property to defense plants ("take out letters"), 1941-46 (in WNRC); correspondence and agreements concerning additional funds from DPC for plant facilities ("Green Light" letters), 194145 (in WNRC); correspondence relating to canceled projects, 1941-45; files relating to leasing machinery and equipment to small defense plants ("SWAPCO'S"), 1942-46 (in WNRC); construction and acquisition contracts, 1942-46 WNRC); Office of Defense Plants and General Services Administration files relating to liquidation of DPC assets ("Rentra" files), 1944-60; and correspondence and agreements relating to machine and cutting tool emergency production, 1948-49.

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RECORDS OF THE DEFENSE SUPPLIES CORPORATION. 1940-49. 198 lin. ft.

Organized August 29, 1940, the Defense Supplies Corporation (DSC) financed or administered programs for stockpiling strategic and critical materials and paying subsidies to relieve inflationary pressures and promote domestic production of strategic and critical materials. It also financed or administered some projects that had no direct relationship to RFC activities. When DSC was dissolved July 1, 1945, its functions were transferred to the RFC, which established the Office of Defense Supplies to administer those projects that related to the reconversion program. The records include minutes, with accompanying supporting documents and an index, 1940-45; resolutions of the Board of Directors, memorandums, instructions, directives, legal documents, financial statements, reports, data, correspondence, statistical accounts, and audit reports relating to

DSC organization, administration, operations, and the commodity procurement program, 1940-49; records of the Division of American Republics Aviation, relating to commercial aviation development in South American countries and elimination of Axis influence on Latin American aviation, 1941-46; and reports, memorandums, legal opinions and decisions, studies, correspondence, statistical data, payment claims, regulations, and audit reports relating to the subsidy payments program, 1942-49.

RECORDS OF THE DEFENSE HOMES CORPORATION. 1940-49. 62 lin. ft.

The Defense Homes Corporation (DHC) was created October 23, 1940, to alleviate a housing shortage for defense workers. In cooperation with the Office of the National Housing Administrator, the DHC built housing facilities that could be economically rented to defense workers. On February 24, 1942, the DHC was transferred to the Federal Public Housing Authority of the National Housing Agency. Liquidation of the DHC began in 1945, and its assets were transferred in 1948 to the RFC for final liquidation. These records include minutes, with accompanying supporting documents and a card index, 1940-48; reports, orders, issuances, instructions, correspondence, and forms, 1940-49; defense housing project construction and management files, 1941-47; and records of the General Counsel and the Treasurer, 1941-48.

RECORDS OF THE WAR DAMAGE CORPORATION. 1941-59. 139 lin. ft.

The War Insurance Corporation, established December 13, 1941, was renamed the War Damage Corporation (WDC) on March 27, 1942. Its purpose was to provide property owners in the United States and its territories and possessions with reasonable insurance protection against loss or damage to

property as a result of enemy attack or of U.S. military action in resisting attack. Established insurance companies acted as WDC agents in receiving applications, issuing policies, and handling the program. Its charter extended only until January 22, 1947, and no policies were issued after March 15, 1946. All policies expired April 1, 1947, and WDC assets were liquidated before June 30, 1949. WDC stock was transferred to the Secretary of the Treasury and was not canceled until suits against the WDC had been settled. The records include minutes, with an index, 1941-59; records of the Secretary, 1941-49, the Treasurer, 1942-47, and the Chief Auditor, 194349; records relating to compensation claims for war damages, 1942-51; correspondence with agents, 1942-49; agents' correspondence with field offices and insurance brokers, 1942-44; records of the WDC Seattle office, 1942-46; war damage insurance applications and policies, 1942-43; and instructions, regulations, and periodic financial statements, 1942-44.

RECORDS OF THE U.S. COMMERCIAL COMPANY. 1940-57. 181 lin. ft.

Created March 26, 1942, to conduct joint preclusive and preemptive purchasing operations with England and to share their cost, the U.S. Commercial Company (USCC) developed and purchased foreign strategic commodities for import. In 1943 the USCC was transferred to the Foreign Economic Administration (FEA), which supervised all U.S. foreign procurement agencies. When the FEA was dissolved in 1945, the USCC was returned to the RFC, where it was terminated June 30, 1948. Liquidation of its activities was completed by the Liquidation Division of the RFC Office of Loans, and the USCC dissolved June 20, 1957. The records include minutes, with accompanying supporting documents and an

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index, 1942-57; records of the Board of Directors, 1942-46; minutes, resolutions, agreements, directives, reports, memorandums, correspondence, and surveys relating to USCC policies, organization, administration, and operations, 1942-48; administrative issuances of the Board of Economic Warfare and the Foreign Economic Administration, 1942-45; records relating to preclusive buying operations and the administration of the Preclusive Operations Division, 1942-47; records relating to sources of commodities, 194145; records of the Metals and Minerals Division, 1942-45; records relating to a survey of foreign mineral resources, 1940-45, and to production and procurement of cinchona, 1942-45, balsa, 194244, and mahogany, 1942-44; records relating to recruitment of foreign personnel by USCC, 1942-45, and USCC activities in Latin America, 1942-45, Turkey, 1943-48, India, 1944-45, Germany, 194447, France, 1945-46, and Pacific islands, 1945-47; Anglo-American Economic Committee records relating to the negotiation of a war trade agreement with Portugal, 1942-44; budget estimates, 1944-46; and financial records, 1942-45.

RECORDS OF THE WAR ASSETS
CORPORATION. 1943-48. 2 lin. ft.

The Petroleum Reserves Corporation (PRC), predecessor of the War Assets Corporation, was created June 30, 1943, to acquire ownership of, or interest in, foreign reserves of crude petroleum. On July 15, 1943, the PRC was transferred to the Office of Economic Warfare, which in September was consolidated into the Foreign Economic Administration. The PRC did not accomplish its primary purpose; no basis was found for successful negotiations, and it became virtually inactive. In 1945 the PRC was returned to the RFC, its name changed to War Assets Corporation (WAC), and its function changed to disposing of surplus property. In March 1946 WAC functions were transferred to the War

Assets Administration, and on June 30, 1946, the WAC was dissolved. The records consist of minutes of the PRC, 1943-44, and of the WRC, 1945-46, legal documents, resolutions, correspondence, memorandums, financial records, and issuances relating to PRC and WAC organization, administration, and operations, 1943-44; and records relating to an Arabian American Oil Co. reimbursement claim for construction expenditures on an oil refinery in Saudi Arabia, 1944-48.

RECORDS OF THE RUBBER
RESERVE COMPANY AND ITS
SUCCESSORS. 1937-56. 167 lin. ft.
and 13 rolls of microfilm.

The Rubber Reserve Company (RRC)
was organized June 28, 1940, to pur-
chase and distribute natural and syn-
thetic rubber and rubber scrap to meet
both military and civilian requirements.
The RRC coordinated plans for Govern-
ment-owned plants that were built and
operated for the synthetic rubber pro-
gram and entered into agreements with
universities and private research organi-
zations to conduct research in the devel-
opment of synthetic rubber. The RRC
was dissolved July 1, 1945, and its func-
tions, assets, and liabilities were merged
with those of RFC. The Office of Rubber
Reserve was established within the
RFC to continue or conclude RRC activ-
ities. The Office of Rubber Reserve was
succeeded in 1951 by the Synthetic Rub-
ber Division, which became, in 1952, the
Office of Synthetic Rubber. Under the
terms of the Rubber Producing Facili-
ties Disposal Act of 1953, the Govern-
ment's synthetic rubber facilities were
sold to private industry, and on June 30,
1954, the synthetic rubber program was
transferred from the RFC to the Feder-
al Facilities Corporation.

The records include minutes of the RRC, with an index, 1940-45, the Buying Committee, the Rubber 1940-42,

Research Board, 1943-44, and the Butadiene Producers Technical Committee, with related supporting documents, 1944-45; summary minutes of the Research and Development Advisory Group, 1944-53, digests of meetings of the Research and Development Management Committee, 1946-47, summaries of proceedings of the Rubber Research Board, 1944, and minutes of the Polymer Development Committee, with related supporting documents, 1944-54; legal documents, memorandums, administrative manuals, correspondence, statistical data, budgetary records, and audit reports relating to the organization, administration, and operations of the RRC and successors, 1940-55; memorandums of the secretary, 1940-48; records of the Research Compounding Branch, 1943-44, and of the Copolymer Development Branch, Office of the Rubber Director, 1942-44; records relating to Government-equipped rubber plants (Plancors), 1943-44; reports and accounting records relating to butadiene plants, 1942-44; technical reports, with an index, 1943-54; research contracts and authorizations, 1942-48; records of the International Rubber Regulation Committee, 1940-44; microfilm copies (13 rolls) of German reports on synthetic rubber, 1937-45; records of the Research and Development Division, 1943-52, and the Polymer Research Branch, 1949-55; and files of officials, 1948-56.

RECORDS OF THE RUBBER DEVELOPMENT CORPORATION. 1940-47. 73 lin. ft.

The Rubber Development Corporation (RDC) was created February 16, 1943, from the Pacific Development Company, Inc., to develop and acquire foreign sources for natural rubber and related products (formerly a function of the RRC). In July 1943 the RDC was transferred to the Office of Economic Warfare, and in September 1943 to the Foreign Economic Administration. In

September 1945 the RDC was returned to the RFC, where it remained until its charter expired June 30, 1947. Included are a few records of the Pacific Development Company, 1940-43; minutes of RDC meetings, with related records and index, 1943-47; legal documents, administrative records, reports, correspondence, memorandums, studies, and financial records relating to RDC organization, administration, policies, and operations, 1942-47; reports and correspondence relating to rubber production in Latin American and African countries, 1942-47; agreements between the RDC and rubber-producing countries for procurement and development of crude rubber, 1942-44; Interagency Policy Committee on Rubber (the Batt Committee) records, 1945-46; records relating to committees concerned with rubber conservation, development, and production, 1942-46; and records relating to the history and organization of the rubber program, 1943-47.

RECORDS OF THE RUBBER
PRODUCING FACILITIES
DISPOSAL COMMISSION. 1953-56.
9 lin. ft.

This Commission was organized November 10, 1953, to transfer to private industry the Government's synthetic rubber-producing facilities. On September 24, 1956, this responsibility was transferred from the Commission to the Federal Facilities Corporation. The records consist of minutes of the Commission, 1953-56; brochures issued in 1953, containing information about each Government-owned synthetic rubber plant or facility offered for sale to the public; agreements and other records relating to rubber-producing plants; and reports, contracts, technical papers, correspondence, and memorandums relating to Commission administration and operations, 1953-56.

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