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 16
... operation of this shceme of insurance would also , we believe , materially sustain the agricultural credit of this ... operations . The bulk of the capital would not be called for unless there were a succession of bad crop years in the ...
... operation of this shceme of insurance would also , we believe , materially sustain the agricultural credit of this ... operations . The bulk of the capital would not be called for unless there were a succession of bad crop years in the ...
Page 18
... operations might in the earlier years have raised price or held it up , or how much it might have held price down in the other years , but taking prices as they were , the gain due to price difference between the last 3 years when you ...
... operations might in the earlier years have raised price or held it up , or how much it might have held price down in the other years , but taking prices as they were , the gain due to price difference between the last 3 years when you ...
Page 19
... operation of these local offices on a scale sufficient to take care of at least half the wheat acreage , or slightly more . Since the premiums received for crop insurance are to be invested in stored grain , there will be the annual ...
... operation of these local offices on a scale sufficient to take care of at least half the wheat acreage , or slightly more . Since the premiums received for crop insurance are to be invested in stored grain , there will be the annual ...
Page 21
... operations it is found that where the local associations do bear those expenses , there is considerable incentive for good local operation . There has been a precedent set for the Govern- ment to pay the general administrative expenses ...
... operations it is found that where the local associations do bear those expenses , there is considerable incentive for good local operation . There has been a precedent set for the Govern- ment to pay the general administrative expenses ...
Page 22
... operation . The expenses of conducting the business for 4 years wee $ 165,000 , a little over one - third of 1 percent on the premiums received . That is one venture of the Government in the insurance field that has proven very ...
... operation . The expenses of conducting the business for 4 years wee $ 165,000 , a little over one - third of 1 percent on the premiums received . That is one venture of the Government in the insurance field that has proven very ...
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Common terms and phrases
10-year period acreage actuarial Agricultural Adjustment Agricultural Adjustment Administration AGRICULTURAL ECONOMICS amount average yield base period basis believe bill Bottineau County BRENCKMAN BUREAU OF AGRICULTURAL Bushels Bushels Bushels Chairman commodities Congress cooperative corporation cotton course cover crop failure crop insurance damage Department of Agriculture determine drought expenses experience Farm Bureau Farm Credit Administration farm insurance farm organizations Farmers Union figures going grain GRAY GREEN hail insurance harvest hazards hearings individual farm insurance companies insurance coverage insured farm interested Iowa Kansas legislation loans matter MAYHUGH ment Montana North Dakota O'NEAL operation paid payment percentage premiums President producers purpose question record reference relief representatives reserves RUTLEDGE Secretary of Agriculture Secretary WALLACE Senator FRAZIER Senator MCGILL Senator POPE Senator SCHWELLENBACH SHIELDS statement storage TALBOTT THATCHER thing tion tornado VALGREN VESECKY warehouse Washington wheat crop
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...