Speculation in Commodity Markets, Hearings Before ... 80-11947 - 43ÆäÀÌÁö |
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amendment answer ask the Secretary Board of Trade brokers bushels calendar years 1946 Chicago Board Chicago Mercantile Exchange CLERK committee in executive Commodity Exchange Act Commodity Exchange Authority COMMODITY MARKETS confidential Congress custody or control Department of Agriculture disclose disrupt the market employees executive session feel futures trading give interests of producers joint resolution MEHL Minneapolis Grain Exchange mittee motion of Senator names and addresses open session Orleans Cotton Exchange position proceed publish record REED refuse release relieve the Secretary responsibility reveal Secretary of Agriculture Secretary to turn Senate acted Senator BALL Senator BROOKS Senator DwORSHAK Senator FERGUSON Senator GREEN Senator GURNEY Senator HAYDEN Senator KNOWLAND Senator Knowland's motion Senator McCarran Senator MCKELLAR Senator O'Mahoney's motion Senator OVERTON Senator RUSSELL Senator SALTONSTALL Senator THOMAS Senator YOUNG speculation statement statute subpena duces tecum tion transactions United York Cotton Exchange
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4 ÆäÀÌÁö - DC, then and there to testify what you may know relative to the subject matters under consideration by said committee.
4 ÆäÀÌÁö - Hereof fail not, as you will answer your default under the pains and penalties in such cases made and provided. To Forest A.
21 ÆäÀÌÁö - Act, the full facts concerning any transaction or market operation, including the names of parties thereto, which in the judgment of the Commission disrupts or tends to disrupt any market or is otherwise harmful or against the best interests of producers, [and] consumers...
21 ÆäÀÌÁö - (6) to communicate to the proper committee or officer of any contract market and to publish, notwithstanding the provisions of section 8 of this Act, the full facts concerning any transaction or market operation, including the names of parties thereto, which in the judgment of the Secretary of Agriculture disrupts or tends to disrupt any market or is otherwise harmful or against the best interests of producers and consumers.
23 ÆäÀÌÁö - Any other questions on the left? Any other questions on the right? Representative BENDER. I would like to ask a few questions of the Secretary on this subject, Mr. Chairman. Mr. Secretary, were you consulted by the President in the preparation of his statement of October 5, 1947, in which he said "The cost of living in this country must not be a football to be kicked about by gamblers in grain"?
44 ÆäÀÌÁö - You have heard the motion. All those in favor of the motion signify by saying "Aye" ; those opposed signify by saying "No.
10 ÆäÀÌÁö - I move that we open the hearing, and if it is satisfactory to the chairman, I would like to have the reporter read the questions and answers so that it would be public.
23 ÆäÀÌÁö - I can call names, some of them public figures, who are speculating in large quantities of grain." Anderson added that speculation in grain "jeopardizes our economic stability, and when the Chicago exchange alone shows trading of Uti6,(XM).0iX) bushels or half the entire crop in 1 month, I know there Is speculation.