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 27
... warehouseman , which in our case the rate per bushel would be the same . There was no incentive per bushel for new storage other than they raised the rate to it ; the rate was raised for everyone in the farm storage . Mr. SCHMIDT . You ...
... warehouseman , which in our case the rate per bushel would be the same . There was no incentive per bushel for new storage other than they raised the rate to it ; the rate was raised for everyone in the farm storage . Mr. SCHMIDT . You ...
Page 55
... warehouseman experiences difficulty in maintaining quality over extended periods . Complete control is vir- tually impossible . The warehouseman is obligated under the uniform grain storage agreement to deliver , not only the quantity ...
... warehouseman experiences difficulty in maintaining quality over extended periods . Complete control is vir- tually impossible . The warehouseman is obligated under the uniform grain storage agreement to deliver , not only the quantity ...
Page 56
... warehouseman must again replace such quality - dete- riorated grain from cash grain operations or pay penalties for delivering below requirements on the warehouse receipt . We believe that a quality - cost factor cannot be accurately ...
... warehouseman must again replace such quality - dete- riorated grain from cash grain operations or pay penalties for delivering below requirements on the warehouse receipt . We believe that a quality - cost factor cannot be accurately ...
Page 77
... warehousemen ? Mr. HANSON . I don't know what the present record is , sir , on leases , but I am under the impression ... warehouseman may have had . He assumed all of the risks for the grain in storage . He had all of the expenses of ...
... warehousemen ? Mr. HANSON . I don't know what the present record is , sir , on leases , but I am under the impression ... warehouseman may have had . He assumed all of the risks for the grain in storage . He had all of the expenses of ...
Page 78
... warehouseman to store grain ? Mr. POLLOCK . In commercial warehouses ! Mr. SCHMIDT . Yes . Mr. POLLOCK . To my knowledge , no . Mr. SCHMIDT . This is the first time then , 78 INVESTIGATION OF GRAIN STORAGE OPERATIONS.
... warehouseman to store grain ? Mr. POLLOCK . In commercial warehouses ! Mr. SCHMIDT . Yes . Mr. POLLOCK . To my knowledge , no . Mr. SCHMIDT . This is the first time then , 78 INVESTIGATION OF GRAIN STORAGE OPERATIONS.
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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