FEDERAL REINCORPORATION OF COMMODITY
CREDIT CORPORATION

HEARINGS

BEFORE THE

COMMITTEE ON BANKING AND CURRENCY
HOUSE OF REPRESENTATIVES

EIGHTIETH CONGRESS

SECOND SESSION

ON

H. R. 6263

A BILL TO PROVIDE A FEDERAL CHARTER FOR
THE COMMODITY CREDIT CORPORATION,
AND FOR OTHER PURPOSES

P87-17

APRIL 13, 14, 15, 16, AND 19, 1948

Printed for the use of the Committee on Banking and Currency

CONTENTS

H. R. 30. A bill to continue Commodity Credit Corporation as an agency of

the United States on a permanent basis_

H. R. 5131. A bill to extend the applicability of certain provisions affecting

the price-support program for agricultural commodities, and to extend

the life of the Commodity Credit Corporation___

H. R. 5152. A bill to extend the applicability of certain provisions affecting

the price-support program for agricultural commodities, and to extend

the life of the Commodity Credit Corporation__

H. R. 5156. A bill to extend the applicability of certain provisions affecting

the price-support program for agricultural commodities, and to extend

the life of the Commodity Credit Corporation___

H. R. 5157. A bill to extend the applicability of certain provisions affecting

the price-support program for agricultural commodities, and to extend

the life of the Commodity Credit Corporation...

H. R. 5160. A bill to extend the applicability of certain provisions affecting

the price-support program for agricultural commodities, and to extend

the life of the Commodity Credit Corporation...---

H. R. 5179. A bill to extend the life of the Commodity Credit Corporation

and to extend certain provisions affecting the price-support program for

agricultural commodities.

H. R. 5218. A bill to extend the applicability of certain provisions affecting

the price-support program for agricultural commodities, and to extend

the life of the Commodity Credit Corporation..

H. R. 6214. A bill to provide a Federal charter for the Commodity Credit

Corporation._.

Page

1

2

2

3

3

5

H. R. 6263. A bill to provide a Fedeeral charter for the Commodity Credit

Corporation, and for other purposes--.

8

Statements of-

Andersen, Hon. H. Carl, a Representative in Congress from the

Seventh District of Minnesota__

89

Crofton, Charles B., representing the North American Export Grain

Association.

170

Curtis, Hon. Carl T., a Representative in Congress from the First Dis-

trict of Nebraska__

91

Dodd, Norris E., Under Secretary of Agriculture_.

12, 190

Murray, Hon. Reid F., a Representative in Congress from the Seventh

District of Wisconsin..

85

Ogg, W. R., director, Washington office, American Farm Bureau
Federation__.

97

Talle, Hon. Henry O., a Representative in Congress from the Second

District of Iowa..

92

Sanders, J. T., legislative counsel, National Grange-

Sanford, H. E., chairman, National Grain Trade Council.

Warren, Hon. Lindsay C., Comptroller General of the United States.
Additional information supplied for the record:

141

125

190

1

Anderson, Hon. Clinton P., Secretary of Agriculture, letter from, of
April 16, 1947, to Hon. Arthur H. Vandenberg----

Average of percentage changes from each year to the next in produc-

tion of and income from farm products for period 1910-46..

Countries represented on International Emergency Food Committee

(list).

Dodd, Hon. Norris E., letter from, dated April 20, 1948, to Hon. Henry

O. Talle.

Determination of Commodity Credit Corporation sales prices for

wheat sold under supply program.......

Additional information supplied for the record-Continued

Percentage of farmers voting, 1941 and 1942_

Proposed substitute for H. R. 6214

Purchase of wheat by Denmark___

Statement in connection with the Commodity Credit Corporation

charter bill.

Part I. The Delaware Corporation___

Tabulation showing results of transfers__ .

Part II. Section-by-section analysis of proposed legislation_

Total exports, all grains, United States and Canada (chart) -

176