The above wholly owned corporations, under the supervision of the Farm Credit Administration, have been organized and are in operation for the purpose of furnishing and facilitating long-and-short-term credit for agricultural purposes. With the exception of the production credit corporations, they are authorized by law to borrow funds for current operations. For more detailed information on the activities of these corporations, see pages 476-487 of the 1954 budget. In addition, the Farm Credit Administration examines and supervises the Federal land banks and the banks for cooperatives which are a part of the Farm Credit System. TABLE 2.-Statement of increases and decreases, budget estimates, 1954, compared with appropriations and REA and FHA loan authorizations, 1953 [Based on appropriations and authorizations for 1953 adjusted for comparability with the appropriation structure proposed in the 1954 budget estimates] ANNUAL APPROPRIATIONS FOR REGULAR ACTIVITIES Total appropriations, 1953, after reductions pursuant to secs. 411 and 412.. Net increase, 1951. $731, 232, 964 752, 404, 022 +21, 171, 058 Agricultural Marketing Act (RMA-title II): To strengthen work on pressing agricultural marketing problems with special emphasis on problems created by recent technological developments within the marketing industry and accentuated by current cost and price increases. Bureau of Agricultural Economics: For research to determine most profitable use of fertilizer, and for economic appraisals of supplemental irrigation. +250, 667 Elimination of funds for work on economic analysis of present and potential irrigation areas which will be financed in 1954 by transfer from the Bureau of Reclamation, Department of the Interior. +$151, 600 For strengthening crop and livestock reporting.. Agricultural Research Administration: -50, 000 +250,000 +351,600 For alterations to buildings and for reconditioning roads at the Agricultural +25, 323 For payments to States to strengthen the research program of the State agricultural experiment stations To strengthen research on crop yields, quality and nutritional values, control of forest diseases, and improvement of harvesting equipment. To provide necessary care for existing plantings at the National Arboretum. To develop better methods for utilization of livestock forage, and for research on diseases of poultry and swine. To strengthen animal-disease quarantine control and eradication activities. To extend research on preservation and utilization of agricultural commodities.. +1,012, 500 +729, 072 +528, 348 +500, 478 To strengthen research and quarantine activities on insect pests and plant diseases +401, 832 For research to expand milk production and increase the utilization of dairy products. +224, 945 For additional studies on human diet and food utilization.. +151, 298 Control of forest pests: To expand white-pine blister-rust control work. +3, 898, 986 +700, 566 For administration of timber sales.. +$375,000 To remedy unsatisfactory sanitary conditions on public campgrounds in national forests. To strengthen fire-control operations in the national forests. +250,000 For additional land treatment and forest practice measures to accelerate flood prevention in selected watershed areas.. To accelerate range reseeding of national forest lands. +521,950 To strengthen forestry research. To continue construction and maintenance of range improvements at the $700,000 level provided in fiscal year 1953.. +160,000 +221,000 TABLE 2.-Statement of increases and decreases, budget estimates, 1954, compared with appropriations and REA and FHA loan authorizations, 1953-Con. ANNUAL APPROPRIATIONS FOR REGULAR ACTIVITIES-continued Forest Service (excluding forest roads and trails)—Continued Forest roads and trails. -$150,000 +$1,678, 855 +195,042 (Due to availability of prior-year balances of $929,956 in fiscal year 1953, there will be a net decrease of $734,914 for construction and maintenance or roads and trails.) Flood prevention. (Due to availability of prior-year balances of $418,348 in fiscal year 1953, there will be an increase of $9,427,819 in total funds available consisting of increases of (1) $6,042,533 for installation of works of improvement under the flood-control acts; (2) $2,753,000 for installation of works of improvement under legislation other than the flood-control acts; (3) $321,329 for acceleration of plans for agricultural phases of basin resource development of the Arkansas-White-Red River and the New England-New York areas, and to initiate such plans for the Colorado River Basin; and (4) $310,957 for preparation of preliminary examinations and surveys.) Soil Conservation Service: For technical and other assistance to new conservation districts. Net increase primarily for full-scale land-leveling and related irrigation work Production and Marketing Administration: +$2,085, 278 +1,676, 708 +200,000 +259, 500 Conservation and use of agricultural land resources: Net increase consisting of an increase of $2,436,000 for additional measures for acceleration of flood prevention in selected watershed areas, and a decrease of $1,747,866 for the 1953 crop-year agricultural conservation program in accordance with the advance authorization of $250,000,000 carried in the 1953 Agricultural Appropriation Act... Agricultural production programs: Decrease due to elimination of local assistance to farmers in obtaining adequate farm materials, equipment and facilities, and reduction in work on production goals. Sugar Act program: Net decrease consisting of a decrease of $348,776 in mandatory payments to sugar producers for the 1953 crop, and an increase of $50,000 for administrative expenses incident to establishment and implementation of restrictive proportionate shares in Puerto Rico. Marketing services: To strengthen supervision under the Grain Standards Act, and regulatory activities under the Packers and Stockyards Act and the United States Warehouse Act.... Repayment to Commodity Credit Corporation: To provide for reimbursement to the Commodity Credit Corporation for costs incurred in fiscal year 1952 for inspecting and grading tobacco and classing cotton not placed under CCC loan. Federal Crop Insurance Corporation: Decrease resulting from fewer number of crop-year 1952 contracts requiring servicing in the fiscal year 1953.. +9,846, 167 +4, 221, 486 +688, 134 -1,995, 781 -298, 776 +125, 975 +818, 505 -552, 000 Rural Electrification Administration, salaries and expenses: Net increase resulting from a decrease of $77,000 in administrative costs on the rural electrification program, and an increase of $789,020 for the rural telephone program. +712, 020 +59,958 Farmers' Home Administration, salaries and expenses: Increase for administrative and tech- Office of the Secretary: For a central management staff to undertake studies and provide leadership +$40,867 +5,000 Office of Solicitor: Increase for additional legal services applicable to marketing and regulatory activities, water facilities loans and rural telephone loans. Office of Foreign Agricultural Relations: For studies of international agricultural trade, and for services to foreign visitors. Office of Information: To provide for revision of farmers' bulletins and other Department publications... Library: For purchasing and processing agricultural publications. Other increases.. Net increase, annual appropriations for regular activities... +133, 745 +45, 867 +147,976 +71, 876 +48,799 +18, 831 +2,560 +21, 171, 058 TABLE 2.-Statement of increases and decreases, budget estimates, 1954, compared with appropriations and REA and FHA loan authorizations, 1953—Con. SPECIAL ACTIVITIES Appropriation for research on agricultural materials or substitutes determined by the Muni- Net decrease, special activities---- PERMANENT APPROPRIATIONS -$157, 000 -2, 000, 000 -2,157,000 Production and Marketing Administration: Removal of surplus agricultural commodities: Forest Service: Increase in appropriations for payments to States and Territories, and for forest Rural Electrification Administration: LOAN AUTHORIZATIONS Rural electrification loans: To provide a planned loan program of $135,000,000 in 1954. (Due to availability of prior-year balances in 1953, the program for 1954 actually represents a decrease of $30,000,000 below 1953.) Rural telephone loans... (Due to the use of the $10,000,000 contingency in 1953, and the availability of prior-year balances, the actual increase in program in 1954 is $29,524,000.) Farmers' Home Administration: Water-facility loans.. Increase, loan authorizations... CORPORATE ADMINISTRATIVE EXPENSE LIMITATIONS -8, 240, 312 +1,925,000 -6, 315, 312 Commodity Credit Corporation: Net increase consisting of an increase of $1,360,890 in the contingency reserve, and a decrease of $3,000 in connection with liquidation of the subsidy program Federal Farm Mortgage Corporation: Decrease in payments to Federal land banks for servicing Corporation assets. Federal intermediate credit banks: Increase to provide for more comprehensive credit analyses of loan and discount offerings. Production credit corporations: Increase to provide closer supervision of production credit associations where problem loans are increasing and collections are relatively slower than last year... Net increase, Corporate administrative expense limitations.. TREASURY CANCELLATION OF COMMODITY CREDIT CORPORATION NOTES Commodity Credit Corporation: Increase to restore the estimated capital impairment of the Corporation as of June 30, 1952. Actual amount of deficit to be restored will be determined by the Treasury appraisal as of June 30, 1952. Eradication of foot-and-mouth and other contagious diseases of animals and poultry: Decrease in costs incurred in fiscal year 1952 as compared with fiscal year 1951 for the foot-and-mouthdisease eradication activities. To cover difference between cost of wheat purchased at domestic market price and receipts from sales of maximum price prescribed by the International Wheat Agreement: Decrease in costs incurred in fiscal year 1952 as compared with fiscal year 1951... Net decrease, Treasury cancellation of Commodity Credit Corporation notes.................... +1,000,000 +116, 000, 000 +1,357, 890 -150,000 +55,000 +51,000 +1, 313, 890 +608,846 -4, 182, 957 -10, 421, 855 -13,995, 966 Treasury cancellation of Commodity Credit Corporation notes, and prior years' For restoration of capital impairment, Commodity Credit Corporation: Appropriations to Secretary of the Treasury relating to corporate financing: ! Prior to the enactment of the National School Lunch Act in June 1946, school-lunch 2 Estimate of requirements for fiscal year 1954 not yet determined. |