Government Subsidy Historical Review: A Summary of the Use of Subsidies to Advance the Aims and Purposes of Government Since the First Congress to the Present TimeU.S. Government Printing Office, 1954 - Всего страниц: 6 |
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accrue Acreage allotment acres adjustments continued administering aids and special aids to farmers air navigation Airmail subsidies American amounting Appro approximately Benson Budget Bureau canal Carolina Chairman Clerk CLIFFORD Committee on Agriculture Commodity Credit Corporation Cotton Current Expenses Defense Production definition Department of Agriculture direct Dried DSC and RFC economic emergency invest estimated Expenses for Aids farm price-support favor Federal expenditure fiber figures fiscal following table foreign purchase FRANCIS GOVERNMENT SUBSIDY GOVERNMENT SUBSIDY-HISTORICAL REVIEW grants HAROLD Hemp included industry International Wheat Agreement labor LEMAY loans losses maritime Marketing materiel_ ment million Navigation aids Office Assistant Oklahoma operations__ payments Pennsylvania postal deficit postwar priations price-support costs price-support operations price-support program profit railroads refunds Removal of surplus represents revolving fund school-lunch program Ship operation special services Subcommittee subsidy principle subsidy program Sugar Act supply tariff Texas tion Total Treasury unemployment United veterans Virginia WILLIAM
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Стр. 4 - Only recently has it been used to any appreciable extent to protect agriculture. The first Congress in 1789 set up the principle to encourage the development of an American merchant fleet. Many billions in subsidies have gone to business and industry. A House Appropriations Subcommittee in January 1954 published figures indicating subsidies amounting to $45,662,835,506 for business since World War II, a large part of this for business reconversion payments. In contrast, farm price support and surplus...
Стр. 5 - Food and fiber (CCC inventories) '2, 687, 1 03, 365 National stockpile of materiel 5, 700, 000, 000 i From beginning of program In 1933 through Nov. 30, 1953. * From July 1941 through Nov. 30, 1953. The last CCC subsidy program was ended on Oct. 31, 1947, although claims, refunds, and adjustments continued to be processed after that date.
Стр. 2 - ... edition of the same publication, issued in 1960, the definition of a subsidy is considered more extensively as follows : Some contend the tariff system is a subsidy structure, since it involves Government action that enables protected industries to charge more for their goods in the American markets. Moreover, some consider that accelerated tax amortization for defense plants subsidizes the owners of these plants, that "depletion allowances...
Стр. 2 - The next business was the enactment of a tariff bill. Significantly, this legislation set up the subsidy principle to encourage the development of an American merchant fleet. It stipulated that goods imported into the United States on American vessels should have a 10 percent reduction in customs duties, and a tonnage tax also was imposed in favor of American shipping.
Стр. 3 - ... Federal non-interest-bearing deposits of billions of dollars in private banks and certain services of the Federal Reserve System amount to subsidies for large private bankers, that sale of Federal surplus property at a loss is a subsidy to the purchasers, and that the postal deficit on second-class mail is a subsidy to business. Others confine their definition to direct Government payments, to the remission of charges, and to the supplying of commodities or services at less than cost or market...
Стр. 5 - ... industry, on consumers subsidies, as well as the amount of losses and amount of inventory under Commodity Credit Corporation. I would like to have that table inserted and brought down to date. Mr. ANDERSEN. Without objection it may be inserted. (The information requested is as follows:) Comparison of CCC price-support costs with subsidies and emergency investment 1. Losses under CCC price-support program: Basics $53, 299, 009 Nonbasics 1, 141, 540, 014 Total i 1, 194, 839, 023 2.
Стр. 5 - That table shows that during World War II and since, we have spent approximately $40 billions in helping industry to reconvert. My information is that about $16 billion of that was in reconversion payments so industrial labor would not be unemployed. The other $24 billion...