Continuance of Commodity Credit Corporation: Hearings, Seventy-eighth Congress, First Session, on H.R. 3477, a Bill to Continue the Commodity Credit Corporation as an Agency of the United States, to Revise the Basis of Annual Appraisal of Its Assests, and for Other Purposes |
Common terms and phrases
agencies agricultural amount average BALDWIN bill billion bushel butter butterfat canners cattle ceiling price cents CHAIRMAN committee Commodity Credit Corporation Congress consumer corn cost of living cost-of-living index cotton cottonseed cottonseed meal CRAWFORD crop dairy dairymen DILWEG dollars farm prices farmer figures Food Administration FORD GILBERT going Goss Government growers hearing commissioner HERTER HUTSON income industry inflation JONES KEAN labor lend-lease Little Steel formula meal mean milk production Miss SUMNER MONRONEY months Office of Price operation parity PATMAN payments peanuts percent potatoes pounds President Price Administration price ceilings price control price of milk purchase question reason record regulations retail roll-back ROLPH sell September situation SMITH soybean spinach stabilization statement subsidy supply support price suspension order taxes thing tion trying vegetables wages War Labor Board WOLCOTT
Popular passages
Page 463 - No ceilings shall be established or maintained hereunder for any commodity processed or manufactured in whole or substantial part from any agricultural commodity below a price which will reflect to producers of such agricultural commodity a price for such agricultural commodity equal to the highest price therefor specified in this subsection...
Page 467 - That in order to aid in the effective prosecution of the war, the President is authorized and directed, on or before November 1, 1942, to issue a general order stabilizing prices, wages, and salaries, affecting the cost of living; and, except as otherwise provided in this Act, such stabilization shall so far as practicable be on the basis of the levels which existed on September 15, 1942.
Page 39 - Provided, That the President may, without regard to the limitation contained in clause (2). adjust any such maximum price to the extent that he finds necessary to correct gross inequities...
Page 53 - ... in accordance with the Little Steel Formula as heretofore defined by the National War Labor Board, for the rise in the cost of living between January 1, 1941, and May 1, 1942...
Page 39 - President, in any case where it appears that such modification is necessary to increase the production of such commodity for war purposes, or where by reason of increased labor or other costs to the producers of such agricultural commodity incurred since January 1, 1941, the maximum prices so established will not reflect such increased costs...
Page 35 - President pursuant to section 5d of the Reconstruction Finance Corporation Act, as amended, such determinations shall be made by the Federal Loan Administrator, with the. approval of the President, and, notwithstanding any other provision of this Act or of any existing law, such commodity may be bought or sold, or stored or used, and such subsidy payments to domestic producers...
Page 180 - Thank you very much for your kind attention to these remarks. If there are any questions, I will do my best to answer them.
Page 53 - Director, from making such readjustments in price relationships appropriate for various commodities, or classes, qualities or grades thereof or for seasonal variations or for various marketing areas, or from authorizing such support prices, subsidies or other inducements as may be authorized by law and deemed necessary to maintain or increase production, provided that such action does not increase the cost of living.
Page 231 - STATEMENT OF EZRA T. BENSON, EXECUTIVE SECRETARY, NATIONAL COUNCIL OF FARMER COOPERATIVES, WASHINGTON, DC Mr. BENSON. Mr. Chairman, my name is Ezra T.
Page 52 - An Act to amend the Emergency Price Control Act of 1942, to aid in preventing inflation, and for other purposes," or which is sold at a price not in excess of the January 1.