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FEBRUARY 27, MARCH 3 AND 4, 1947
Printed for the use of the Committee on Banking and Currency
RALPH E. FLANDERS, Vermont, Chairman
Bourg, Clarence .J., on behalf of American Sugarcane League and
Auerbach, general counsel, OPA, OTC, Washington, D. C-- 24, 85, 177, 191
Holman, Charles W., secretary, National Cooperative Milk Producers
Mac Walter S., president of Pepsi-Cola Co., Long Island City, N. Y 153, 248
3, 167, 237
Associated Grocery Manufacturers of America, statement-
Coco-Cola Co., of Wilmington, Del., telegram by H. B. Oehlert, Jr.- 221
Donahue, Thomas M., letter to Senator Wiley, also joint resolution
Hill, Ralph H., telegram to Senator Lodge_
Iowa, State of, Senate Concurrent Resolution 6, by general assembly-- 182
Smith, Harold 0., Jr., two letters to Senator Flanders_
Bryan Houston, Deputy Administrator in Charge of Rationing--- 201
THURSDAY, FEBRUARY 27, 1947
UNITED STATES SENATE,
BANKING AND CURRENCY,
Washington, D.C. The subcommittee met at 10 a. m., pursuant to call, in room 303, Senate Office Building, Senator Flanders, chairman of the subcommittee, presiding.
Present: Senators Flanders (chairman of the subcommittee), Bricker, McCarthy, Maybank, and Sparkman.
Senator FLANDERS. The meeting will please come to order.
This is a hearing on Senate Joint Resolution 58, whosé principal provisions are that sugar rationing and price control is extended to March 31, 1948.
It provides for a review of the situation as of October 15, this year, to see whether the control beyond that point can be justified, and the report has to be given to the Congress on that date on that subject.
It also changes the enforcement of price control from OPA to the Department of Agriculture.
There are some other provisions in the resolution, but those are the most important elements of it.
The resolution will be inserted in the record at this point. (S. J. Res. 58 is as follows:)
[Committee print, February 27, 1947]
[S. J. Res. 58, 80th Cong., 1st sess.)
JOINT RESOLUTION To extend the powers and authorities under certain statutes with
respect to the distribution and pricing of sugar, and for other purposes Whereas the war has resulted in an acute shortage of sugar to an extent which is impairing the reconyersion of the national economy from war to peace; and
Whereas it is in the interest of national defense and security to effectuate an orderly distribution of sugar at reasonable prices in order to prevent profiteering, hoarding, market manipulation, and speculation in sugar and waste or spoilage of perishable agricultural commodities and to prevent or eliminate other disruptive practices arising out of the scarcity of sugar: Therefore be it
Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That, notwithstanding any other provisions of law (1), the Emergency Price Control Act of 1942 (56 Stat. 23); the Stabilization Act of 1942 (56 Stat. 765); title III and title XIV of the Second War Powers