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 19
... increase in the grain that has to be stored ? Has this been so inviting that there has been a good increase in the storage facilities ? Dr. PHILLIPS . Well , I think this , coupled with other incentives that have been made available to ...
... increase in the grain that has to be stored ? Has this been so inviting that there has been a good increase in the storage facilities ? Dr. PHILLIPS . Well , I think this , coupled with other incentives that have been made available to ...
Page 20
... increase , perhaps unforeseen increase , in the production of grain ? Dr. PHILLIPS . Yes , sir . This plus the other things that I men- tioned - the fast writeoff and the guaranteed occupancy . Senator SYMINGTON . Dr. Phillips , do you ...
... increase , perhaps unforeseen increase , in the production of grain ? Dr. PHILLIPS . Yes , sir . This plus the other things that I men- tioned - the fast writeoff and the guaranteed occupancy . Senator SYMINGTON . Dr. Phillips , do you ...
Page 26
... increased per unit stored in what they pay as against what it used to be ? Mr. SUMMA . Well , just a minute . Senator SYMINGTON . Relatively , as against the increase in the in- ventory itself ? Mr. SUMMA . I thought I had the answer on ...
... increased per unit stored in what they pay as against what it used to be ? Mr. SUMMA . Well , just a minute . Senator SYMINGTON . Relatively , as against the increase in the in- ventory itself ? Mr. SUMMA . I thought I had the answer on ...
Page 29
... increase in this foreign material . But we haven't been able to collect this , because of technical reasons , we will say . But that will enter into our cost of handling on the last year . And we have more expense emptying it up . Now ...
... increase in this foreign material . But we haven't been able to collect this , because of technical reasons , we will say . But that will enter into our cost of handling on the last year . And we have more expense emptying it up . Now ...
Page 30
... increased amount . And at 50 percent , we would be operating at a loss with the fixed expense that we have . Senator ELLENDER . Mr. Chairman , I would like to pursue the ques- tioning that I started awhile ago . In addition to rapid ...
... increased amount . And at 50 percent , we would be operating at a loss with the fixed expense that we have . Senator ELLENDER . Mr. Chairman , I would like to pursue the ques- tioning that I started awhile ago . In addition to rapid ...
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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