Federal Crop Insurance: Hearings Before a Subcommittee of the Committee on Agriculture and Forestry, United States Senate, Seventy-fifth Congress, First Session on S. 1397, a Bill to Create a Federal Crop Insurance Corporation, and for Other Purposes |
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Page 30
Section 10 exempts the property of the Corporation from taxation of any kind .
Section 11 provides that when designated for that purpose by the Secretary of the
Treasury , the Corporation shall be a depository of public money , accept receipts
...
Section 10 exempts the property of the Corporation from taxation of any kind .
Section 11 provides that when designated for that purpose by the Secretary of the
Treasury , the Corporation shall be a depository of public money , accept receipts
...
Page 60
We have made some progress with respect to both corn and cotton , but there are
many other commodities that I think would lend themselves to this kind of a
program , tobacco , for example , and a good many other special crops produced
in ...
We have made some progress with respect to both corn and cotton , but there are
many other commodities that I think would lend themselves to this kind of a
program , tobacco , for example , and a good many other special crops produced
in ...
Page 61
Yes , I think that is very important , and we feel that it would be very difficult to
administer a law of this kind on other crops without having a better background
than we have now . We do know , or rather , other companies have told us , that
many ...
Yes , I think that is very important , and we feel that it would be very difficult to
administer a law of this kind on other crops without having a better background
than we have now . We do know , or rather , other companies have told us , that
many ...
Page 104
We are in general accord with the plan proposed in this bill . I think that as the bill
is now drawn the premiums could be paid in cash or in kind . Probably it would
be a good idea to start out by taking them in kind . That would necessarily mean ...
We are in general accord with the plan proposed in this bill . I think that as the bill
is now drawn the premiums could be paid in cash or in kind . Probably it would
be a good idea to start out by taking them in kind . That would necessarily mean ...
Page 202
Well , all of these men in here , in this area , where they haven ' t had any hog
cholera , haven ' t had any catastrophic loss of any kind , the low rate that you
would have to charge to make it workable does not interest them . It is too high ,
in ...
Well , all of these men in here , in this area , where they haven ' t had any hog
cholera , haven ' t had any catastrophic loss of any kind , the low rate that you
would have to charge to make it workable does not interest them . It is too high ,
in ...
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acre Adjustment administration Agriculture amount annual average yield base basis believe bill Bureau bushels carried causes Chairman committee commodities companies Congress consideration corporation cost course cover coverage crop insurance damage Department determine discussion drought effect expenses experience fact failure farm farmers Federal figures give given going Government grain GREEN hail insurance hearings idea indemnities individual interested Kansas kind legislation loans loss matter mean meet necessary North Dakota operation organization paid payment percent period possible practical premiums present President probably problem producers production question raised reason record reference relief representatives reserves Secretary seems Senator FRAZIER Senator McGILL Senator POPE Senator SCHWELLENBACH SHIELDS statement storage suggestion THATCHER thing thought true United VALGREN wheat
Popular passages
Page 2 - An Act to provide compensation for employees of the United States suffering injuries while in the performance of their duties, and for other purposes...
Page 2 - Corporation, with the consent of any board, commission, independent establishment, or executive department of the Government, including any field service thereof, may avail itself of the use of information, services, facilities, officers, and employees thereof in carrying out the provisions of this Act.
Page 2 - ... bylaws, rules, and regulations governing the manner in which its business may be conducted and the powers vested in it may be exercised...
Page 2 - May purchase or lease and hold such real and personal property as it deems necessary' or convenient in the transaction of its business, and may dispose of any such personal property held by it.
Page 3 - The corporation, including its franchise, its capital, reserves, and surplus, and its income shall be exempt from all taxation now or hereafter imposed by the United States, or by any Territory, dependency, or possession thereof, or by any State, county, municipality, or local taxing authority...
Page 1 - Vacancies in the board so long as there shall be two members in office shall not impair the powers of the board to execute the functions of the Corporation, and two of the members in office shall constitute a quorum for the transaction of the business of the board.
Page 2 - The Corporation shall be entitled to the free use of the United States mails for its official business in the same manner as the executive departments of the Government, and shall determine its necessary expenditures under this act and the manner in which they shall be incurred, allowed, and paid, without regard to the provisions of any other law governing the expenditure of public funds.
Page 4 - ... (3) with intent to defraud the Corporation, participates or shares in or receives directly or indirectly any money, profit, property, or benefits through any transaction, .loan, commission, contract, or any other act of the Corporation, shall be punished by a fine of not more than $10,000 or by imprisonment for not more than five years, or both.
Page 3 - States relating to the venue of civil suits. (b) The Corporation shall at all times maintain complete and accurate books of accounts.
Page 3 - ... allowed under this section unless the same shall have been brought within six years after the right accrued for which the claim is made or within one year after the date of approval of this amendatory Act, whichever is the later date...