International Wheat Agreement Funds: Hearings Before a Subcommittee of ..., 81-1 on S. 2287 and S. 2383 ..., September 21 and 22, 1949 |
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Page 35
sanction that may mean a penalty of over $ 2 , 000 , 000 if a single violation of a
regulation is found . ... necessity to get approval of transactions in order to qualify
for subsidy payments provide all the protection and penalties that are needed .
sanction that may mean a penalty of over $ 2 , 000 , 000 if a single violation of a
regulation is found . ... necessity to get approval of transactions in order to qualify
for subsidy payments provide all the protection and penalties that are needed .
Page 44
In view of these conditions , we believe that section 3 ( d ) is not only
unnecessary , but that the penalty provided therein is unduly harsh in view of
penalties already available under existing law as well as those proposed in
section 3 ( c ) .
In view of these conditions , we believe that section 3 ( d ) is not only
unnecessary , but that the penalty provided therein is unduly harsh in view of
penalties already available under existing law as well as those proposed in
section 3 ( c ) .
Page 52
Triple damages , in terms of a cargo of wheat , would mean a penalty of nearly $
2 , 000 , 000 . The remote possibility of such a forfeiture cannot be said to
encourage exports . We believe the penalty is more than an “ effective sanction ”
to ...
Triple damages , in terms of a cargo of wheat , would mean a penalty of nearly $
2 , 000 , 000 . The remote possibility of such a forfeiture cannot be said to
encourage exports . We believe the penalty is more than an “ effective sanction ”
to ...
Page 44
In view of these conditions , we believe that section 3 ( d ) is not only
unnecessary , but that the penalty provided therein is unduly harsh in view of
penalties already available under existing law as well as those proposed in
section 3 ( c ) .
In view of these conditions , we believe that section 3 ( d ) is not only
unnecessary , but that the penalty provided therein is unduly harsh in view of
penalties already available under existing law as well as those proposed in
section 3 ( c ) .
Page 52
Triple damages , in terms of a cargo of wheat , would mean a penalty of nearly $
2 , 000 , 000 . The remote possibility of such a forfeiture cannot be said to
encourage exports . We believe the penalty is more than an effective sanction ” to
...
Triple damages , in terms of a cargo of wheat , would mean a penalty of nearly $
2 , 000 , 000 . The remote possibility of such a forfeiture cannot be said to
encourage exports . We believe the penalty is more than an effective sanction ” to
...
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Common terms and phrases
acreage action Administration agency agree already amended amount appears appropriation August authority believe benefits bill bushels carry Chairman charged Committee Commodity Credit Corporation concerned Congress controls cost Council countries course Department difference dollars domestic ECA countries Economic Cooperation effect export exports wheat extent FAKLER FITZGERALD funds Government Grain hearings House implement import imposed international wheat agreement issued July legislation limited losses market price maximum mean ment necessary obligations operations paid payments penalty permit person possible present President proposed provisions purchases pursuant quantities question quotas reason recommendation record reduced reference regulations relating request Sanford savings Secretary of Agriculture Senator HOLLAND Senator JOHNSTON Senator Young statement subcommittee subsidy supplies tion trade TRIGG understand United wheat and wheat wheat flour wheat or wheat