TABLE I.-Results of Treasury appraisals through June 30, 1960, and realized losses for fiscal year 1961—Appropriations through June 30, 1963 1952 Year ending June 30- 1955 1956. 1957. 1958.. 1958. 1959. 1959. 1st deficiency, approved Aug. 2d deficiency, approved May General Appropriation Act, 1951, Department of Agriculture Ap- Department of Agriculture Ap- ap Department of Agriculture Ap- To discharge indebtedness of Department of Agriculture Ap- Department of Agriculture Ap- Department of Agriculture Ap- Department of Agriculture Ap- Department of Agriculture Ap- 2d Supplemental Appropriation Total, 2d Supplemental Department of Agriculture Ap- See footnotes at end of table. 109, 391, 154 641,832, 080 <-17,693,492 -48,943,020 66,698, 457 421, 462, 507 96, 205, 161 550, 151, 848 1,634, 659 929,287, 178 1,239,788, 671 1,760, 399, 886 1, 435, 424, 413 100, 000, 000 575, 000, 000 675, 000, 000 632,000, 994 TABLE I.-Results of Treasury appraisals through June 30, 1960, and realized losses for fiscal year 1961-Appropriations through June 30, 1963-Continued The impairment of $39,436,885 for the appraisal period ending Mar. 31, 1943, was not restored until after the following year's appraisal, and is included in the amount shown for the 1944 appraisal period. 2 The act of Mar. 8, 1938, as amended by the act approved Apr. 12, 1945, changed the date of appraisal to June 30 of each year. Therefore, the impairment as of June 30, 1945, covers a 15-month period. 3 The act of Mar. 8, 1938, as amended by the act of Mar. 20, 1954, changed the annual appraisal of the assets of the corporation to a cost basis. Restorations of capital impairment through June 30, 1953, included $545,534,182 of estimated losses as well as the losses realized during that period. Therefore the restoration as of June 30, 1954, represented the difference between the total unrestored realized losses in the fiscal year 1954 and the amount of estimated losses for which restoration has been made. $235 of this amount was unobligated. The total realized loss for fiscal year 1961 was $3,335,875,695. Of this amount, $1,268,546,877 was applicable to inventory revaluation of which $211,500,000 was reimbursed in the fiscal year 1963. Subsequent budgets may include additional reimbursement of these losses if needed to finance operations. Unreimbursed balance of 1961 losses are $1,057,420,695. TABLE II.-Special appropriations for other price support and related programs and special milk, through June 30, 1963 1962 1963 First Supplemental Surplus Appropriation Re- Third Supplemental Appropriation Act, ap- Department of Agriculture Appropriation Act, Reserve for postwar price sup- Recovery from Secretary of Department of Agriculture Appropriation Act, Special milk program.... Department of Agriculture Appropriation Act, Special milk program. Total.. 57,500,000 42, 100, 000 90,000,000 95, 000, 000 784,600,000 TABLE III.-Appropriations for special activities other than foreign assistance pro grams, fiscal years 1948 through 1963 Appropriation Fiscal year Appropriation act 1948 1949 1952 1953 1954 1954 1955 1956 1956 1957 1957 1958 1958 1958 1959 1959 1960 2d Deficiency Appropriation Act, 1948. approved June 25, 1948 (Public Law 80-785). 3d Deficiency Appropriation Act, 1949, approved Oct. 10, 1949 (Public Law 81-343). Department of Agriculture Appropriation Act, 1952, approved Aug. 31, 1951 (Public Law 82-135). Department of Agriculture Appropriation Act, 1953, approved July 5, 1952 (Public Law 82-451). Department of Agriculture Ap propriation Act, 1954, approved July 28, 1953 (Public Law 83-156). Joint resolution to discharge indebtedness of the Commodity Credit Corporation approved Feb. 12, 1954 (Public Law 83-295). Department of Agriculture Appropriation Act, 1955, approved June 29, 1954 (Public Law 83-437). Department of Agriculture Appropriation Act, 1956, approved May 23, 1955 (Public Law 84-40). Permanent appropriation.. Department of Agriculture Appropriation Act, 1957, approved June 4, 1956 (Public Law 84-554). Permanent appropriation. Department of Agriculture Appropriation Act, 1958, approved Aug. 2, 1957 (Public Law 85-118). Second Supplemental Appropriation Act, 1958, approved Mar. 28, 1958 (Public Law 85-352). Permanent appropriation.. Second Supplemental Appropriation Act, 1959, approved May 20, 1959 (Public Law 86-30). Permanent appropriation.. Department of Agriculture Appropriation Act, 1960. approved July 8, 1959 (Public Law 86-80). Title Eradication of foot-and-mouth and other contagious diseases of animals. _do_--- Eradication of foot-and-mouth and other contagious diseases of animals and poultry. do... do... Cotton classing and tobacco grading. Eradication of foot-and-mouth and other contagious diseases of animals and poultry. Cotton classing and tobacco grading. Eradication of foot-and-mouth and other contagious diseases of animals and poultry. Transfer of wheat to the Govvernment of Pakistan. Emergency famine relief to friendly peoples. National Wool Act.. Eradication of foot-and-mouth and other contagious diseases of animals and poultry. Eradication of brucellosis.. Cotton classing and tobacco grading. Transfer of hay and pasture seeds. National Wool Act... Eradication of foot-and-mouth and other contagious diseases of animals and poultry. Eradication of brucellosis.. Cotton classing and tobacco grading. Eradication of foot-and-mouth and other contagious diseases of animals and poultry. Eradication of brucellosis. Cotton classing and tobacco grading. Migratory waterfowl feed. Eradication of foot-and-mouth and other contagious diseases of animals and poultry. Eradication of brucellosis. Cotton classing and tobacco grading. Migratory waterfowl feed.. Eradication of foot-and-mouth and other contagious diseases of animals and poultry. Eradication of brucellosis.. Cotton classing and tobacco grading. Grain for migratory waterfowl Note cancellation Amount $25,400,000 34, 000, 000 $32, 700,000 11, 240, 532 7,057,575 768, 505 2,064, 060 441, 655 5,788, 897 69, 385, 831 9, 545, 830 187,684 1,269, 330 11,791, 624 367, 740 184, 678 2,020,975 16, 728, 210 1,393, 490 17,548, 923 4,609 567,500,000 29, 671, 679 1,280, 900 18, 109, 200 18, 506 24, 453, 099 1,021, 715 34,785 1,607,000 35,000 feed. TABLE III.-Appropriations for special activities other than foreign assistance programs, fiscal years 1948 through 1963-Continued TABLE IV.-Foreign assistance programs-Appropriations received through TABLE IV.-Foreign assistance programs-Appropriations received through June 30, 1963—Continued Mr. HORAN. Could you bring those figures forward as suggested just now by the chairman? My reason for asking these things is that I think we will have to face the fact that no system is perfect, and the history of political science proves that even a good law has to be reviewed every 20 years or things happen to it, and while I appreciate the reasons we have commodity credit, I do not think commodity credit is in itself sacred. and I think the more facts we have at our disposal when we take this bill to the floor the better able we will be to answer those on the floor as to the operations of this Commodity Credit Corporation. Definitely, some of the criticisms we are receiving now from the city people will be somewhat ameliorated by the fact that consumers are benefiting today through quite a number of programs. But I think there is a danger that a stamp food plan may become a way of life and that we |