い Appendix to table of "Realized cost of agricultural and related programs, by function or purpose, fiscal years 1932-53"-Summary of realized cost of agricultural programs primarily for stabilization of prices and farm groups 1 income, showing distribution of cost by commodity Appendix to table of "Realized cost of agricultural and related programs, by function or purpose, fiscal years 1932-53"—Summary of realized cost of agricultural programs primarily for stabilization of prices and farm income, showing distribution of cost by commodity groups 1-Continued [Millions of dollars] Price support programs Supply, foreign purchase, commodity export, and other CCC activities Administrative and other general costs Total International Wheat Agreement modities Removal of surplus agricultural com Sugar Act Other: Program expense. 1,452.0 109.4 20.0 129.4 506.9 1.9 658.8 76.6 78.2 Miscellaneous receipts. 18. 4 Processing taxes (net). 6.2 65.4 13.0 1.9 $2.7 299. 6 1,089.9 558. 1 1, 567.66 296. 1 157.82, 354. 8 47.0 1,016.6 1.4 571.1 76.6 381.3 15.7 basis. on the commodities shown. 4 Program conducted under the Jones-Connally Act. $ Represents principally losses incurred on loans made from the revolving fund by the Federal Farm Board to stabilize the prices of wheat an cotton. A large portion tion operations. of such losses resulted from donations authorized by Congress to the American Red Cross, without reimbursement to the fund, of wheat and cotton acquired in stabiliza export differential on cotton owned or pooled by CCC. 7 Represents cost of commodity-export program on cotton and wheat exclusive of $ Includes $163.2 million for cotton price adjustment. Includes $163.2 million cost applicable to the cotton price adjustment programs debt paid by Treasury in that year. tributable by specific commodities. 12 Includes charged-off accounts and notes receivable of $1.8 million and the net 6 50.3 These programs were separate from the major actvity of the Corporation and were 13 No administrative or other general costs are included for these acreage allotment 14 Represents activities to assure production of crops in short supply and assist- 15 Represents receipts from liquidation of the Federal Surplus Commodities Cor poration. NOTE.-Details may not add to totals shown due to rounding. February 1954. 2573 The CHAIRMAN. The Chair recognizes Mr. Andresen. Mr. ANDRESEN. I do not know anything about the Christmas packages, but I notice this: That under funds provided by Congress we made available to England $25 million for tobacco. Do you know anything about that? Secretary BENSON. I could not vouch for that offhand, Mr. Andresen. We have the figures here, however. Mr. ANDRESEN, I would like to have those. Secretary BENSON. $20 million worth of tobacco is going to the United Kingdom, apparently. Mr. ANDRESEN. What is that date? Secretary BENSON. This is under section 550 of the Mutual Security Act. This was as of February 19, 1954. Mr. ANDRESEN. Has tobacco been provided for any other country out of this Santa Claus fund? Secretary BENSON. Yes, there was. A quantity went to Italy and some to France and some to Belgium and Indochina, and Germany. Mr. ANDRESEN. Will you give me the total amount? Secretary BENSON. We will be glad to make it a part of the record if you would like us to. There was also a small quantity to Finland. Mr. ANDRESEN. Will you put the entire statement from which you are reading into the record and show the entire disposition of the various commodities under Mr. Stassen? Secretary BENSON. You do not want it limited to tobacco: You mean all the commodities? Mr. ANDRESEN. Yes. Secretary BENSON. We will be glad to do that. (The data requested is as follows:) Status of commodity developments under sec. 550 of the Mutual Security Act (as of Feb. 19, 1954): Approved transactions NOTE.-Other: Negotiations are underway which are expected to result in substantial additional sales under sec. 550. Transactions under active consideration involve tobacco, cotton, wheat, barley, corn, peanuts, cottonseed oil, tallow, and certain fruit products. Source: U. S. Department of Agriculture, Mar. 16, 1954. Mr. ANDRESEN. I understand there are hungry people over in Italy who got some of this tobacco. Do you regard tobacco as vital as good nutritious wheat? |