Law No. 11,542 ENACTS BILL AUTHORIZING THE DISPOSAL OF NAVY VESSELS For the Honorable National Congress has given its approval to the following Bill: Article 1.o-Authorize the President of the Republic to proceed with to put in place, separately, for public proposals which it may call for as many times as it deems necessary and which it may accept or reject in the same way, prior to the report of the Commanders in Chief of the Navy, the former Cruises 'O' Higgins ' and 'Chacabuco', the Destroyer Fighter 'Admiral Condell', the former Transport 'Magellan', the 'General Corbeta' Baquedano ' and the former pontoon N. or 1, without the weaponry and elements used for the National Navy Service. The bases and other conditions for the calling and opening of the previously mentioned public proposals will be set by the Commander-in-Chief of the Navy. Copies of each of the public proposals must be sent to the Chamber of Deputies. Article 2.o-The product of the enajenations authorized by this law, shall be deposited in a Special Account in the General Treasury of the Republic, on which, only, may be rotated by the Command in Chief of the Navy and its the product will be invested, preferably, by that Command, after authorization by supreme decree, in the acquisition of machinery, useful, in-beings and in everything that demands the execution of installations, constructions or any other work or acquisitions that require the modernization of the Naval Arsenal of Talcahuano and, in addition, the elements and The machinery needed to complete the construction of the 'Eagle' and the acquisition of smaller vessels for the National Navy. Article 3.o-The workers who provide their services in the scrapping section of the Naval Arsenal of Talcahuano will be absorbed as the circumstances advise, by the other Sections of that Arsenal. In no case may there be any reduction of staff in the section concerned. And because I have had to approve and sanction it; therefore, promulgate and take effect as the law of the Republic. Santiago, June 5, thousand nine hundred and fifty-four.-CARLOS IBANEZ OF THE CAMP.-A. Parra U.