Investigation of Grain Storage Operations of the Commodity Credit Corporation: Hearings Before the Special Investigating Subcommittee of ..., 86-2 ..., January 12 ... May 26, 1960 |
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Page 1
... Senators Ellender , Symington , Proxmire , and Young of North Dakota . Also present : Richard M. Schmidt , Jr. , special counsel , and George M. Kopecky , professional staff member . Senator SYMINGTON . The meeting will come to order ...
... Senators Ellender , Symington , Proxmire , and Young of North Dakota . Also present : Richard M. Schmidt , Jr. , special counsel , and George M. Kopecky , professional staff member . Senator SYMINGTON . The meeting will come to order ...
Page 8
... Senator YOUNG of North Dakota . May I interrupt at that point ? What was the last you said , ignoring what ? Dr. PHILLIPS . Any costs incurred by this sample of elevators or quality deterioration or shrinkage in the Government corn ...
... Senator YOUNG of North Dakota . May I interrupt at that point ? What was the last you said , ignoring what ? Dr. PHILLIPS . Any costs incurred by this sample of elevators or quality deterioration or shrinkage in the Government corn ...
Page 10
... Senator YOUNG of North Dakota . Mr. Chairman , may I ask a question at this point ? I am not clear on one point . Senator SYMINGTON . Senator Young . Senator YOUNG of North Dakota . I am not clear whether the witness is including all of ...
... Senator YOUNG of North Dakota . Mr. Chairman , may I ask a question at this point ? I am not clear on one point . Senator SYMINGTON . Senator Young . Senator YOUNG of North Dakota . I am not clear whether the witness is including all of ...
Page 13
... Senator YOUNG of North Dakota . Mr. Chairman , I insist that a figure like this is practically worthless unless you include all of the losses . And oftentimes a commercial elevator operator will sustain heavy losses because- Senator ...
... Senator YOUNG of North Dakota . Mr. Chairman , I insist that a figure like this is practically worthless unless you include all of the losses . And oftentimes a commercial elevator operator will sustain heavy losses because- Senator ...
Page 16
... Senator PROXMIRE . These 15 and 19 percent figures that would turn on total assets and net worth then , in your ... Young's suggestion , this is quite logical and proper ; these people were making , say , roughly 63 percent on costs and 19 ...
... Senator PROXMIRE . These 15 and 19 percent figures that would turn on total assets and net worth then , in your ... Young's suggestion , this is quite logical and proper ; these people were making , say , roughly 63 percent on costs and 19 ...
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Common terms and phrases
abnormal profit administrative agency amortization average bins capacity Cargill cents a bushel cents per bushel Chairman CHARAM charges COLE commercial committee Commodity Credit Corporation Commodity Stabilization Service conflict of interest contract COREY corn correct Counsel country elevator December 31 Department of Agriculture Director DUDDEN employees estimated farm farmers figures fiscal going GOOLD Government grain Grain Storage Agreement GREGG HANSON HENDRICKSON investigation investment LAYBOURN loan McGregor ment million bushels Minneapolis negotiations North Dakota operation PALMBY percent Personnel PHILLIPS POLLOCK Portland PUELZ question record regulations ROBERTS SCHMIDT Senator COOPER Senator ELLENDER Senator HUMPHREY Senator MUNDT Senator PROXMIRE Senator SYMINGTON Senator YOUNG shrinkage soybeans statement storage cost storage facilities storage rates storing grain Stuart Symington subcommittee SUMMA Three State Warehouse tion U.S. Department U.S. SENATE UGSA Uniform Grain Storage warehouseman wheat YOUNG of North