Section, act Aug. 10, 1948, ch. 832, title III, 304, as added July 15, 1949, ch. 338, title IV, 401, 63 Stat. 431, provided for appointment, powers, and compensation of a Director. Section was previously repealed by Pub. L. 89–534, § 8(a), Sept. 6, 1966, 80 Stat. 655.