AREA ASSISTANCE ACT OF 1956 4.3. Congress. House. HEARINGS BEFORE THE COMMITTEE ON BANKING AND CURRENCY. HOUSE OF REPRESENTATIVES EIGHTY-FOURTH CONGRESS SECOND SESSION ON H. R. 8555 APRIL 12, 13, 18, 19, 23, 24, 25, AND 26, 1956 Printed for the use of the Committee on Banking and Currency 56-41457 76350 UNITED STATES WASHINGTON: 1956 H. R. 8555, a bill to assist areas to develop and maintain stable and diversi- fied economies by a program of financial and technical assistance and Bailey, Hon. Cleveland M., a Representative in Congress from the 340 Celler, Hon. Emanuel, a Representative in Congress from the State Dempsey, Hon. John J., a Representative in Congress from the State Denton, Hon. Winfield K., a Representative in Congress from the 363 Elliott, Hon. Carl, a Representative in Congress from the State of 375 Fernandez, Hon. A. M., a Representative in Congress from the 361 Fernos-Isern, Hon. A., Resident Commissioner of Puerto Rico.. Flood, Hon. Daniel J., a Representative in Congress from the State Hughes, Goffrey, executive director, Southern Illinois, Inc., Carter- 205 Hyde, Hon. De Witt S., a Representative in Congress from the State 361 Jennings, Hon. W. Pat, a Representative in Congress from the State 346 Kennedy, Thomas, vice president, United Mine Workers of America. Mead, Hon. James, representing New York State Department of Mueller, Hon. Frederick H., Assistant Secretary of Commerce, accompanied by Carl F. Oechsle, Victor Roterus, and Kenneth L. Rhodes, Hon. George M., a Representative in Congress from the 371 Seward, Pere F., Deputy Commissioner For Community Facilities, Housing and Home Finance Agency- Rosiclare Community Development Association, Rosiclare, Ill__ Saylor, Hon. John P., a Representative in Congress from the State 96 Steiner, Richard L., Deputy Commissioner, Urban Renewal Admin- 85 Whitehouse, Albert, director, Industrial Union Department, AFL- 274 Additional data submitted to the committee by- Letter of April 19, 1956, to Hon. J. Edgar Chenoweth, from C. L. 264 Letter of April 26, 1956, to Hon. Brent Spence, regarding questions 264 The Welfare Problem in Designated "Depressed Areas" in New Allocations in 6 months ended December 31, 1955. Credit authorizations during calendar 1955 by the Export-Import Bank of Washington (extracted from semiannual reports). Monazite (technological description). Statement of loans by the International Bank for Reconstruction Additional data submitted to the committee by-Continued Low-income and level-of-living areas in agriculture (chart). Percentages of commercial farms classified as low-producing farms, United States, and generalized areas of low-production farms, The size of net money income received by farm-operator families; Kearney, Hon. Bernard W.: Cognetta, James J., president, IUE-AFL-CIO, Schenectady, 322 338 337 Kempf Buick, Inc., Amsterdam, N. Y., letter of April 24, 1956_. N. Y., letter of April 25, 1956. Kentucky State Federation of Labor: Areas of substantial unemployment (chart) 338 Table 1.-Unemployment and potential labor supply for Ken- 172 Table 2.-Selected indicators of need for Kentucky employment 172 Table 3.-Selected indicators of Kentucky econonic needs by area_ Meany, George, president, AFL-CIO, letter of April 18, 1956, to Hon. Article from Business Week, of January 28, 1956_ Fifteen Illinois Counties Struggle for Survival, article by Robert Small Investment, Big Return-Green River Development Work 216 Southern Illinois Stake in Legislation for Depressed Areas, ex- tension of remarks of Senator Everett Dirksen of Illinois, Congressional Record, March 6, 1956__. Summary of Labor Market Trends, September 1955. 212 Twenty Thousand Available Workers in Southern Illinois, 209 Capital investment required in 17 major chronic labor surplus List of rapid tax-amortization certificates issued for facilities to 156 Military supply contracts in labor surplus areas and industries.. 147 |