CONTENTS Aarons, Robert H., general counsel, United Property Owners__ Bamert, Loren C., president, American National Cattlemen's Asso- Bishop, Harold A., president, Boston Wool Trade Association, repre- senting National Wool Trade Association, etc., accompanied by Blake, William Rhea, executive vice president, National Cotton Coun- Carey, James B., secretary-treasurer, CIO_ Besse, Ralph M., on behalf of the Edison Electric Institute_ Carpenter, Cliff D., president, Institute of American Poultry Indus- 1674 1333 Franz, Chester B., president, Associated Poultry and Egg Industries, 1702 1530 Hertwig, Charles C., American Cotton Manufacturers Institute, 1903 1721 1116 La Roe, Wilbur, Jr., general counsel, National Independent Meat 1081 Lucas, Scott W., American Finance Conference, accompanied by David 1363 1982 1345 1422 McCan, Claude, accompanied by Norman Moser and T. L. Roach, Sr. 1883 1409 Mosher, Ira, chairman, industrial mobilization committee, National Myers, Francis J., in behalf of the National Foundation for Consumer Credit and Retail Credit Institute of America, accompanied by Nathan, Robert R., National Planning Committee, member AVC__ Robinson, John B., Dallas, Tex., representing Journeymen Barbers, Hairdressers, Cosmetologists, and Proprietors' International Union Ruffin, William H., president, National Association of Manufacturers, 1785 1200 1148 1856 1157 II Russell, William W., chairman, legislative committee, accompanied by Paul C. Blair, assistant, National Apartment Owners' Association__ Schmidt, William, president, Property Owners Association of America 1570 Sherrard, Glenwood J., representing American Hotel Association, 1522 Spiegel, E. M., second vice president, National Association of Home 1381 Steiwer, W. H., president, National Wool Growers Association, ac- 1761 Summer, Alexander, president, National Association of Real Estate 1589 Vanderslice, R. L., chairman of the executive committee, National Willoughby, Ray W., president, Texas and Southwestern Cattle Raisers Association, accompanied by Judge Joe G. Montague___-- Letters, statements, exhibits, etc., submitted for the record by- 1498 1440 1442 1443 American Finance Conference: Press release on appearance of Scott 1202 American Meat Institute, Paul C. Smith, vice president, Swift & Co.: 1144 Bamert, Loren C., president, American National Cattlemen's Asso- 1309 Letter from Glenn Cunningham, mayor, Omaha, Nebr.. 1637 1638 Letter from Ray J. Sheehan, housing expediter, Wisconsin- Berkeley-Benton Improvement Association, Los Angeles, Calif.: Letter 1639 Carey, James B., secretary-treasurer, CIO: Information accompany- 1978 DiSalle, Michael V., Director, Office of Price Stabilization: Memo- 1302 Federal Trade Commission: Memorandum on stock ownership of 1943 Harris, Seymour E., professor of economics, Harvard University, on 1565 Hunt, Lester C., a United States Senator from the State of Wyoming: 1115 Letters, statements, exhibits, etc.-Continued 1898 Hutcheson, William L., president, United Brotherhood of Carpenters Page Statement on meat controls_ 1247 1115 Kentucky Department of Agriculture, Harry F. Walters, Commis- 1752 Kline, Allan B., president, American Farm Bureau Federation: State- La Roe, Wilbur, J., general counsel, National Independent Meat Pack- ers Association: Meat price control will not work, statement by Lawson, W. D., president, American Cotton Shippers Association: Cotton ceilings won't work, material submitted on cotton_ 1755 1830 1836 1837 1982 Ratio of inventory to sales 1939-March 1951_ McCawley, J. F., representing Property Owners of America, Inc.: Mopsick, Harry, Linden, N. J., representing National Tenants Coun- cil: Supplementary statement on need for National Rent Advisory Settlement of labor disputes and wage stabilization Article, New York Times, Wage Board plan passed to Truman-- Statement on consumer holdings and purchases of durable goods. 1408 1153 Wages compared with prices, 1939 to March 1951. Russell, William W. chairman, legislative committee, National 1460 Letters, statements, exhibits, etc.-Continued Schoeppel, Andrew M., a United States Senator from the State of Table and chart, inventories and sales.. Page 1378 Article, New York Times, Wool's Big Four to bolster prices.--. 1764 Average occupancy rate 1946-50-- 1523 Occupancy rate various cities, March 1950, March 1951.. 1524 Percentage increases room rates over previous year.. 1527 Increase in prices of supplies and equipment--- 1528 Spiegel, E. M., second vice president, National Association of Home Statement of George C. Johnson, president, Dime Savings Bank Total nonfarm housing starts, 1948–51. FHA new unit applications, 1949–51--- VA appraisal assignments for new construction__ Steiwer, W. H., president, National Wool Growers' Association: 1768 Statement_ 1769 Housing in areas adjacent military installations and contact with billeting officers through local committees__. Housing requirements for military and civilian personnel_ Rent control and distribution of income, D. Gale Johnson_ Excerpts, Rent control-Folklore versus economic realty, W. R. Survey on assessed valuations of property under rent control__. 1574 Usher, John and Richard: Rent control in war and peace__ Correspondence concerning rent controls on residential hotels___ 1501 1515 Willoughby, Roy W., president, Texas and Southwestern Cattle Woods, Tighe E., Housing Expediter: Rent increases around mili- 1417 DEFENSE PRODUCTION ACT AMENDMENTS OF 1951 THURSDAY, MAY 17, 1951 UNITED STATES SENATE, COMMITTEE ON BANKING AND CURRENCY, Washington, D. C. The committee met, pursuant to recess, at 10:30 a. m., in room 301, Senate Office Building, Senator Burnet R. Maybank (chairman) presiding. Present: Senators Maybank, Robertson, Benton, Moody, Bricker, Schoeppel, and Dirksen. Also present: Senators Hunt and Thye. The CHAIRMAN. The committee will come to order. I might say that the American Meat Institute requests that their appearance be postponed. Senator DIRKSEN. Until Monday, because of illness. The CHAIRMAN. We will be glad to do that, except that Monday will be rather a full day, which they will, of course, understand. I have a statement here which the Secretary of Agriculture called me up about. I do not know whether they arrived or not. Yesterday they suggested at the conclusion of his testimony if he desired to file anything more for the record to do so, so that those statements will be placed in the record from the Department, without objection. (The statement referred to will be found on p. 682.) The CHAIRMAN. The first witness today is the National Independent Meat Packers Association. Will you have a seat, sir, and will you identify yourself for the record? STATEMENT OF WILBUR LaROE, JR., GENERAL COUNSEL, NATIONAL INDEPENDENT MEAT PACKERS ASSOCIATION Mr. LAROE. Yes, sir. If the committee please, my name is Wilbur LaRoe, Jr., general counsel for the National Independent Meat Packers Association, 743 Investment Building, Washington, D. C. Ours is, I think, the largest association of independent meat packers. I believe the time of the committee will be conserved if, instead of reading my prepared statement, I go over the high lights of this green booklet. The CHAIRMAN. The committee will be happy to have you present your testimony in any way you desire, and without objection we will make a part of the record the meat price-control statement by the Independent Packers, and you might enlarge or expand or detail any portion of it you wish. (The material referred to follows:) |