ADD JUNE 3, 1954 REVISED: DECEMBER 12, 1970 Printed for the use of the Committee on A U.S. GOVERNMENT PRINTING OFF 51-617 WASHINGTON : 1970 FOREWORD COMMITTEE ON AGRICULTURE W. R. POAGE, Texas, Chairman JOHN L. MCMILLAN, South Carolina, PAGE BELCHER, Oklahoma, Vice Chairman Ranking Minority Member THOMAS G. ABERNETHY, Mississippi CHARLES M. TEAGUE, California WATKINS M. ABBITT, Virginia MRS. CATHERINE MAY, Washington FRANK A. STUBBLEFIELD, Kentucky WILLIAM C.WAMPLER, Virginia GRAHAM PURCELL, Texas GEORGE A. GOODLING, Pennsylvania MASTON O'NEAL, Georgia CLARENCE E. MILLER, Ohio THOMAS S. FOLEY, Washington ROBERT B. MATHIAS, California ELIGIO DE LA GARZA, Texas WILEY MAYNE, Iowa JOSEPH P. VIGORITO, Pennsylvania JOHN M. ZWACH, Minnesota WALTER B. JONES, North Carolina THOMAS S. KLEPPE, North Dakota G. V. MONTGOMERY, Mississippi ROBERT D. PRICE, Texas B. F. SISK, California JOHN T. MYERS, Indiana BILL ALEXANDER, Arkansas KEITH SEBELIUS, Kansas BILL D. BURLISON, Missouri MARTIN B. MCKNEALLY, New York ALLARD K. LOWENSTEIN, New York WILMER D. MIZELL, North Carolina JOHN R. RARICK, Louisiana ED JONES, Tennessee JORGE L. CÓRDOVA, Puerto Rico JOHN MELCHER, Montana Resident Commission et LACEY C. SHARP, General Counsel L. T. EASLEY, Staff Consultant Since the beginning of our Nation we have e subsidies to better effectuate policies designed to The concern of the House Committee on Agr ject stems from the current belief held by subst population that in our economy Federal subsidie: or exclusively, on agriculture. With this misconception in mind, the commit to review, update, and enlarge studies made earli published in 1954 and 1965. This new committ data collected and published in 1965 by the Economic Committee, as well as current, fa information gathered from various Governme agencies. This latest study has been directed b (M.A., M. Phil.), who is scheduled to receive of history and international politics next Februi Several conclusions may readily be drawn material in this publication. The reader should definition of a subsidy, like that of beauty, var whose eye is focused on the object under scru calls a subsidy may be considered properly d another man. That being so, the following point Virtually all segments of the American eco subsidies, either directly or indirectly. Benefits the public in most instances, even though th directly to the producer of a commodity or the Postal subsidies, for example, benefit those recei as those who have posted items at less than the a Those using the railroads, airlines, and shipping 1 from the subsidies which have been paid out to services are maintained. There can be little que billion which annually has been going to support meant less costly food and fiber to the American wise would have had to pay that sun, and mori the marketing-distribution chain. Since the fa time, labor, and dollar investment is barely enou in business, and since he receives roughly only a dollar spent on groceries, it is likely that the nat have been boosted much more than $3.5 billion costs been assessed at the retail level. There's th who dances must pay the fiddler." Those who e either entirely at the retail level or partly throug ent domestic and international economic systems approach seems to provide a greater abund commodities. (0) CONTENTS So long as the farmer must buy his equipment and supplies in a Therefore, it is hoped the facts and figures concerning Government W. R. Poage, Chairman. Foreword. tives.. Agricultural subsidy programs. Tax benefits to specific economic groups. Indirect assistance to specific economic groups.- Government economic programs with incidental eci Free services or services below cost, offered by ti Lending and loan guarantee programs of Federal a Insurance programs indertaken by the Federal Go Forral grants-in-aid payments to State and local Federal aid payments to individuals, etc., within S Chapter III. Business subsidies. Accelerated amortization of defense facilities for ta Reconstruction Finance Corporation wartime subs Housing and Urban Development.. Natural resource and regional development prograi Defense contracts and contractors. Chapter Il. Transportation subsidies. Railroads and urban inass transportation. |