Policy for Commercial Agriculture: Its Relation to Economic Growth and Stability. Hearings Before the Subcommittee on Agricultural Policy of the Joint Economic Committee, Congress of the United States, Eighty-fifth Congress, First Session, Pursuant to Sec. 5(a) of Public Law 304, 79th Congress, Zväzok 7

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Strana 44 - Murray, we are glad to have you with us. You may proceed. STATEMENT OF PHILIP MURRAY, PRESIDENT, CONGRESS OF INDUSTRIAL ORGANIZATIONS Mr.
Strana 208 - People will endeavor to forecast the future and to make agreements according to their prophecy. Speculation of this kind by competent men is the self-adjustment of society to the probable. Its value is well known as a means of avoiding or mitigating catastrophes, equalizing prices and providing for periods of want.
Strana 205 - The history of government limitation of price seems to teach one clear lesson: That in attempting to ease the burdens of the people in a time of high prices by artificially setting a limit to them, the people are not relieved but only exchange one set of ills for another which is greater.
Strana 16 - Mayor, as always, we are glad to have you with us and we will be pleased to have your...
Strana 268 - The only effective means we know of to accomplish that objective is the domestic parity plan. The essentials of the domestic parity plan are: First. At the beginning of each marketing year, the Secretary of Agriculture would determine the portion of the wheat crop which would go into consumption for human food. This amount, which for years has been a little less than 500 million bushels, would be the domestic food quota.
Strana 237 - STATEMENT OF ORIS V. WELLS, ADMINISTRATOR, AGRICULTURAL MARKETING SERVICE, DEPARTMENT OF AGRICULTURE Mr. WELLS. Mr. Chairman, I am very happy to be here and like Dr.
Strana 308 - ... increased from $50 million for the 1955 marketing year to an estimated $75 million for 1958, although there has been no change in the support price for wool. In the 1956-57 marketing year producers received $40 from the Government for every $100 they received from the sale of shorn wool. This means that 29 percent of gross income from shorn wool came from Government payments. The percentage of gross wool income that is dependent on Government payments is even higher today. The Sugar Act supports...
Strana 164 - ... 18.8 percent. Thus, the increase in off-farm employment and" income was greatest among the farm-operator families selling between $1,200 and $10,000 of farm produce. At the same time, there has been a marked decline in the number of part-time and residential farmers, who sell less than $1,200 of farm produce per year. TABLE 5. — Percentage change in number of farm operators, number of farm operators...
Strana 268 - Government) certificates covering the total amount of wheat processed for domestic consumption as human food. It would not be necessary for farmers to deal directly with millers because the Commodity Credit Corporation would act as the clearinghouse. Fifth, the value of the certificate plus the price received in the market place will return to growers the equivalent of full parity on that portion of the crop consumed domestically as food.
Strana 267 - So long as we pursue the policy of fixing prices as we do under the present wheat support program, we will be caught on the horns of a dilemma. We will either have to fix prices so high as to price wheat out of many of its natural markets and make the Government itself the principal market, or we will have to fix prices low enough to permit entry of wheat into the...

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