Milford chronicle., 1957-05-24
Senator John J. Williams
RGps u. S. Policy
On Eggs
fContinued from page onel


activity in the poultry industry
had cost the American taxpayers
millions of dollars and at the same
time had the effect of practically
bankrupting many American farm
ers.
Presenting Recommendation to sup
port his charges, Williams said he
was surprised and alarmed" to
find 'just how little the top Off
cials of these agencies know about
what is transpiring in their own
agencies"
Eager 70 Lend
He said tat despite repeated
denials by these officials that they
are financing expanded poultry
producing facilities, the record
shows that they are falling over
each other" to lend money for more
poultry production.
Williams demanded that the De-
partment of Agriculture review the
Overlapping authority" of these
lending agencies with the hope
that their functions can be con-
solidated and at least tWo-thirds
of the agencies abolished"
1.-The poultry industry has never
sought government support" VIII
liams said, ''but they do ask that
the government stop using their
tax dollars to finance their own
competition, especially at a time
when the industry is in a serious
state of overprOductiOn."
Williams charged that the Small
Business Administration has ap-
proved SO loans, tOtaling $1,053,0OO
to the poultry industry in the past
several months.
One loan of 100000 was made to
a turkey grower IN Missouri, Will
liams said, despite the fact that the
Agriculture Department has spent
millions in supporting last years
turkey market because of Overpro-
duction, and for the past two years
has been urging the farmers to re-
duce their turkey flocks.
Williams said the Federal Hous-
ing Administration also has been
getting in on the act. In the past
three years, he said, FILA has in
sured over $2,000,000 in loans fol
the purpose of building new poul-
try houses.
Another agency, the Banks fol
CoOperatiVes, has refused to dis
close their loans to the poultry in
dustry, Williams said.
Nevertheless, he added, it has
been established that over II mil.
lion dollars has been loaned by this
agency to cooperatives in Georgia
for expansion of it's poultry indus.
try, and there is every reason tt
believe that this is only part o.
their activities" the senator said
The Delaware lawmaker said tht
Federal Land Bank during the pas
three years has made 658 loans
totaling $2,074,0O0 to build new
broiler houses and 1909 loans, rep
resenting $4,295,OOO for the purpos
of building new poultry houses TO
layers.
Federal intermediate Credi
Banks also have loaned $3,724,28
to finance increased poultry capaci
ty, Williams charged.
This policy of having six differ
: ent government agencies canvass
! ing the country, soliciting and en-
couraging farmers to borrow mon
ey to expand the poultry industr!
f when at the same time the Agricul
ture Department is urging regula
t poultry producers to curtail Pre-
, duction, appears even more inde
e fensible when we consider that 70
: the past II months, another div
t sion of the Department of Agricul
ture has been spending about on
million dollars a month to buy SUI
plus eggs at the taxpayers expens
to remove them from an oYersuI
I piled market" Williams conclude,
nS~kwsK.,,1sov. rSo.&V-