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Machine-read from the scan, so expect some errors. Lines that couldn’t be read are left out.
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After repeated postponements, hearings before t h e House Independent Offices Subcommittee were begun on the last day of May re lzt ive to the Commission's appropriation request for 1949. During the succeeding weeks of June the House Appropriations Committee reported and t h e House approved a cut of $~6,150,000 i n the cash request of $550,000,000; the Senate Appropriations Committee and the Senate voted t o restore $20,000,000 of the cut; and the b i l l reported by the conference committee, apprcved by both houses and signed by the President, compromised ata cut of $36,150,000. In place of kEC*s estimated requirement of S1,636,SO1, a limitation of $1,500,000 was set on travel expense; the rider was continued in effect T;hich limits the specific legal restrictions were not imposed i n this request, the language of the Committee reports obliges t h e Commission .to effect a sharp reduction i n its proposed expenditures for I n the development of a comprehensive accounting system for the Commission, basic decisions were reached t o establish two types of ledgers a t each installation. provide for accounting i n terms of appropriations, allotments, i n accordance with general industrial accounting practices, GAO representatives have expressed concurrence with t h e principles of the proposed system as set forth i n a draft outline, which is undergoing further revision, The first would The second\would be a capital ledger arranged Accounting for town operations. - Ina May 26 conference rrith partners and staff members of Touche, Niven, Bailey and Smart, the Office of the Comptroller approved plans developed fora uniform municipal accounting system to be used by the t o m o-perating contractors a t Oak Ridge, Los Alamos and Richland Village, beginning July 1, Audit of Records of SF Material During May the audit of records of SF materials was continued inthe expectation that it would be completed i n June.
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A method whereby insurance companies servicing AEC contractors may be reinsured against catastrophe losses is being sought which will not require the posting of large amounts,of It was agreed that Dr. Stafford Warren would make a report. on the nature of the hazards ,at Los Alamos, t o be used i n negotiating a group life insurance plan for the Los Alamos conIn May 220 new claims were reported and bo9 cases mere closed, bringing the total number of reported claims t o 11,216, of which 1,460 are still pending.