B-128088, OCT. 1, 1956

B-128088: Oct 1, 1956

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IN THE LETTER OF SEPTEMBER 19 IT IS STATED: "BY THE ENACTMENT OF PUBLIC LAW 878. HAS BEEN BROADENED AND THE CASE FILES OF BORROWERS WHOSE DEBTS ARE SETTLED UNDER THE BANKHEAD-JONES FARM TENANT ACT. ITS WITHDRAWAL IS APPROVED AS REQUESTED. IT IS UNDERSTOOD. AS TO ANY INSTANCE WHERE IT IS BELIEVED UNCOLLECTIBLE DEBTS MIGHT BE COLLECTED BY THE GENERAL ACCOUNTING OFFICE THROUGH MEANS AVAILABLE TO IT.

B-128088, OCT. 1, 1956

TO THE SECRETARY OF AGRICULTURE:

IN LETTER OF SEPTEMBER 19, 1956, THE DIRECTOR, AGRICULTURAL CREDIT SERVICES, REQUESTS WITHDRAWAL OF THE REQUEST CONTAINED IN YOUR LETTER DATED MAY 31 FOR AUTHORITY OF THE FARMERS HOME ADMINISTRATION, UNDER GENERAL REGULATIONS NO. 120, REVISED, DATED MAY 18, 1954 (SUPERSEDED BY GENERAL REGULATIONS NO. 129, DATED JULY 30, 1956.) TO DISCONTINUE REPORTING TO THE GENERAL ACCOUNTING OFFICE CERTAIN UNCOLLECTIBLE DEBTS AND TO REMOVE THEM FROM THEIR ACCOUNTING RECORDS.

IN THE LETTER OF SEPTEMBER 19 IT IS STATED:

"BY THE ENACTMENT OF PUBLIC LAW 878, APPROVED AUGUST 1, 1956, THE AUTHORITY OF THE SECRETARY OF AGRICULTURE TO COMPROMISE, ADJUST, AND SETTLE CLAIMS OF DEBTORS OF THE FARMERS HOME ADMINISTRATION, HAS BEEN BROADENED AND THE CASE FILES OF BORROWERS WHOSE DEBTS ARE SETTLED UNDER THE BANKHEAD-JONES FARM TENANT ACT, AS AMENDED BY PUBLIC LAW 878, CAN NOW BE DISPOSED OF UNDER APPROVED ARCHIVES DISPOSAL AUTHORITY. INASMUCH AS WE CAN NOW ACCOMPLISH ADMINISTRATIVELY WITHIN THE SCOPE OF PUBLIC LAW 878 AND GENERAL REGULATIONS NO. 120 THE OBJECTIVES SET FORTH IN OUR LETTER OF MAY 31, 1956, WE SHOULD LIKE TO WITHDRAW THE REQUESTS MADE IN THAT LETTER.'

THE CONGRESS BY THE ENACTMENT OF PUBLIC LAW 878, APPROVED AUGUST 1, 1956, GAVE THE SECRETARY OF AGRICULTURE THE AUTHORITY SUBJECT TO THE CONDITIONS EXPRESSED THEREIN TO COMPROMISE, ADJUST, OR CANCEL ALL TYPES OF LOANS ADMINISTERED BY THE FARMERS HOME ADMINISTRATION. AS INDICATED BY THE DIRECTOR THE OBJECTIVES SOUGHT TO BE ACCOMPLISHED IN YOUR LETTER MAY, BY REASON OF THAT LAW, BE NOW EFFECTED ADMINISTRATIVELY. ACCORDINGLY, AND SINCE OUR CONSIDERATION OF THIS MATTER APPEARS UNNECESSARY, ITS WITHDRAWAL IS APPROVED AS REQUESTED. IT IS UNDERSTOOD, OF COURSE, THAT, AS TO ANY INSTANCE WHERE IT IS BELIEVED UNCOLLECTIBLE DEBTS MIGHT BE COLLECTED BY THE GENERAL ACCOUNTING OFFICE THROUGH MEANS AVAILABLE TO IT, SUCH DEBTS MAY BE REPORTED FOR FURTHER COLLECTION PROCEEDINGS.

IN COMPLIANCE WITH THE DIRECTOR'S REQUEST UNCOLLECTIBLE DEBT CASES PROCESSED BY THE FIELD OFFICERS OF THE ADMINISTRATION PRIOR TO THE ENACTMENT OF PUBLIC LAW 878 MAY BE FORWARDED TO OUR CLAIMS DIVISION UNDER THE PROVISIONS OF THE CITED GENERAL REGULATIONS.