Agricultural Price Support Policy: Hearings, Eightieth Congress, First Session, on Agricultural Price Policy. January 22, 1947 |
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Common terms and phrases
2-year period 90 percent acreage goals acres adjustment ANDRESEN answer areas Associated Poultry basic commodities butter butterfat cents CHAIRMAN cheese Commodity Credit Commodity Credit Corporation comparable price consumption cost cotton crop dairy products demand Department of Agriculture duction egg industry export license FARRINGTON figure FLANNAGAN floor price gentleman from Wisconsin goes going Government GROSS growers HUNTER impose increase limitation loan loss marketing quotas meet peacetime ment milkshed million dollars minimum modities MURRAY nonbasic Steagall commodities November 28 PACE parity formula parity or comparable parity price percent of parity potato program Poultry and Egg price of milk price protection price support price-support operations problems production of potatoes provision purchase question readjustment requirements Secretary ANDERSON Secretary of Agriculture sell ship situation Solicitor soybeans statement statute Steagall amendment stocks support level support prices surplus things tion trying U. S. Commercial UNRRA wool
Popular passages
Page 13 - It is a familiar canon of construction that a thing which is within the intention of the makers of a statute is as much within the statute as if it were within the letter; and a thing which is within the letter of the statute is not within the statute unless it be within the intention of the makers.
Page 12 - ... therefor. The comparable price for any such commodity shall be determined and used by the Secretary for the purposes of this section if the production or consumption of such commodity has so changed in extent or character since the base period as to result in a price out of line with parity prices for basic commodities. Any such commodity loan, purchase, or other operation which is undertaken shall be continued until the Secretary has given sufficient public announcements to permit the producers...
Page 12 - Stat. 108), as amended, is amended by striking out "$3,000,000,000" and inserting in lieu thereof "$4,750,000,000". SEC. 2. The provisions of subsection (c) of section 381 of the Agricultural Adjustment Act of 1938 (52 Stat. 67) are suspended until the expiration of the two-year period beginning with the 1st day of January immediately following the date on which the President, by proclamation, or the Congress, by concurrent resolution, declares that hostilities in the present war have terminated.
Page 12 - Whenever during the existing emergency the Secretary of Agriculture finds it necessary to encourage the expansion of production of any non-basic agricultural commodity, he shall make public announcement thereof and he shall so use the funds made available under section 3 of this Act or otherwise made available to him for the disposal of agricultural commodities, through a commodity loan, purchase, or other operation, taking into account the total funds available for such purpose for all commodities...
Page 5 - ... per centum of the parity or comparable price therefor. The comparable price for any such commodity shall be determined and used by the Secretary for the purposes of this section if the production or consumption of such commodity has so changed in extent or character since the base period as to result in a price out of line with parity prices for basic commodities. Any such...
Page 5 - Steagall commodities: Hogs, eggs, chickens and turkeys, milk and butterfat, dry peas of certain varieties, dry edible beans of certain varieties, soybeans for oil, peanuts for oil, flaxseed for oil, American-Egyptian cotton, potatoes, and sweetpotatoes.
Page 12 - ... of the present war and until the expiration of the two-year period beginning with the 1st day of January immediately following the date upon which the President by proclamation or the Congress by concurrent resolution declares that hostilities in the present war have terminated...
Page 7 - It states that application of the Steagall amendment to the poultry and egg industry would delay and complicate the problems of readjustment for producers and all segments of the industry, rather than assist in readjustment to a peacetime basis. The letter urges me to do all I can to get poultry and poultry products removed from provisions of the Steagall amendment.
Page 10 - ... then provide the long-range policy in plenty of time for farmers to plan their 1948 operations. Early legislative action is also desirable on the Commodity Credit Corporation. As you know, CCC has been the principal agency through which price-support operations have been carried out. The life of CCC as an agency of the United States expires on June 30, 1947. Moreover, the Government Corporations Control Act requires that the Corporation obtain a Federal charter prior to June 30, 1948, if it is...
Page 12 - Auction prices and quantities offered for sale are recorded by the Fruit and Vegetable Branch, of the Production and Marketing Administration...