The CHAIRMAN. Thank you very much, Mr. Holman. Mr. HOLMAN. I thank you, sir. (The proposed amendments and tables previously referred to are as follows:) PROPOSED AMENDMENT No. 1 To H. R. 2245 H. R. 2245 is amended by striking out all language following the enacting clause and inserting the following new sections: "SEC. 1. Section 2300 of the Internal Revenue Code (26 U. S. C. sec. 2300) is amended by adding at the end thereof the following proviso: 'Provided, however, That effective July 1, 1948, the provisions of sections 2300 to 2315, inclusive, and sections 3200 and 3201 of the Internal Revenue Code (26 U. S. C. secs. 2300-2315; 26 U. S. C. secs. 3200-3201) shall be applicable only to oleomargarine which is yellow in color as defined in section 2301 (a) (2) of said code.' "SEC. 2. Section 2301 (a) (1) of the Internal Revenue Code (26 U. S. C. sec. 2301 (a) (1)) is amended to read as follows: 66 ''§ 2301. TAX-(a) RATE.—(1) Upon oleomargarine which shall be manufactured and sold, or removed for consumption or use, there shall be assessed and collected a tax at the rate of 10 cents per pound.' "SEC. 3. Section 2305 of Internal Revenue Code (26 U. S. C. sec. 2305) shall be renumbered section 2315 and the following new section 2305 shall be inserted: ''§ 2305. VENDORS. 66 66 6 ‘(a) DEFINITION.-Every person who sells, vends, supplies, serves, or furnishes oleomargarine at any place where meals or lunches are served or sold for the use and consumption of others, except to his own family, shall be held to be a vendor of oleomargarine. “(b) NOTICE REQUIREMENTS.-Every vendor of oleomargarine shall, in addition to the requirements of State or local law, display in such manner as to be clearly visible and readable from each table, counter, or other place where oleomargarine is so sold, supplied, served, or furnished signs bearing the words "Oleomargarine served here" and shall place upon each menu card used in connection with such meals or lunches the same wording so displayed as to be equally as prominent as the wording in the main portions of the menu.' "SEC. 4. Section 2308 (j) of the Internal Revenue Code (26 U. S. C. sec. 2308 (j)) is amended by inserting after the first word 'any' the words 'vendor or'. "SEC. 5. Section 3200 of the Internal Revenue Code (26 U. S. C. sec. 3200) is amended to read as follows: 66 ''§ 3200. TAX.-Each manufacturer of, wholesale dealer in, retail dealer in, or vendor of oleomargarine shall pay a special tax of one dollar per year.' "SEC. 6. Section 3201 of the Internal Revenue Code (26 U. S. C. sec. 3201) is amended by adding a new subsection thereto to read as follows: "(d) VENDORS.-Every person who carries on the business of a vendor of oleomargarine without having paid the special tax thereof, as required by law, shall be fined not less than $50 nor more than $1,000.'" PROPOSED AMENDMENT No. 2 To H. R. 2245 H. R. 2245 is amended by adding a new section to read as follows: "SEC. Section 2306 of the Internal Revenue Code (26 U. S. C. sec. 2306), imposing an internal revenue tax of 15 cents per pound on oleomargarine imported from foreign countries, is hereby repealed." PROPOSED AMENDMENT No. 3 To H. R. 2245 H. R. 2245 is amended by adding two new sections to read as follows: "SEC. Section 2470 (a) (1) of the Internal Revenue Code (26 U. S. C. sec. 2470 (a) (1)) imposing a tax of 3 cents per pound upon the first domestic processing of coconut cil, palm oil, palm kernel oil, and certain fatty acids and salts, is hereby repealed. "SEC. - Section 2470 (a) (2) of the Internal Revenue Code (26 U. S. C. sec. 2470 (a) (2)) is renumbered section 2470 (a) and amended by striking out in the first sentence thereof the following parenthetical phrase '(in addition to the tax imposed by the preceding paragraph)"." TABLE 1.-The competitive fats and oils situation in the United States, 1920-47 1 Minus sign denotes decrease and plus sign an increase in stocks during each year. Source: Compiled from reports of Bureau of the Census, Office of Domestic Commerce; and Bureau of Agricultural Economics, U. S. Department of Agriculture. TABLE 2.—Per capita consumption of the principal fats in the United States, TABLE 3.-Oleomargarine production, by types, United States, by calendar years TABLE 3.-Oleomargarine production, by types, United States, by calendar years 1917-47-Continued 1 This also includes "nut" types. 2 This is also reported to have included small quantities of oleomargarine made "exclusively from animal oil" from 1917 through 1925. This total represents the sum of the quantities shown for each type and is the total as reported by the Bureau of Agricultural Economics of the U. S. Department of Agriculture. The total reported by the Bureau of Internal Revenue is considered to be more accurate, but it is not broken down by types. 4 Preliminary. Source: Bureau of Agricultural Economics, U. S. Department of Agriculture. TABLE 4.-Materials used in the manufacture of oleomargarine, United States, by calendar years, 1927-47 table.. Babassu oil. Coconut oil.. Palm oil.. Other vegetable 2 29, 430 33, 309 36, 519 35, 686 21,336 17, 666 20, 980 57, 551 105, 685 127, 745 1,838 16, 114 122, 576 159, 852 185, 507 177, 990 133, 118 123, 219 150, 096 123, 678 174, 315 150, 465 1,523 861 2,428 261 602 1, 169 544 66 3 602 1,400 2,915 Total foreign vegetable. 123, 296 161, 112 187, 031 178, 906 135, 799 123, 480 150, 640 123, 744 176, 758 170, 894 Total miscellaneous.... 99, 872 120, 097 128, 160 117, 841 337, 080 394, 760 432, 884 395, 246 270, 683 229, 242 272, 853 294, 118 414, 505 422, 420 See footnotes at end of table. TABLE 4.-Materials used in the manufacture of oleomargarine, United States, by calendar years, 1927-47-Continued Total, domestic 489 421 627 1,690 5, 827 11, 480 9, 174 6, 589 98, 656 115, 946 149, 930 166, 444 252, 109 215, 008 253, 997 222, 814 322, 552 2, 445 1,730 2, 210 920 4, 564 12, 295 10, 215 13, 794 17, 500 70, 822 87, 103 75, 634 133, 346 198, 020 211, 105 206, 642 200, 681 227, 594 12 13 12 259 4, 562 1, 644 138 67 130 vegetable.....210, 084 186, 929 172, 424 205, 213 228, 413 302, 659 465, 082 451, 532 480, 166 443, 945 574, 427 6,651 Total, animal... 18, 719 19, 689 17, 399 24, 242 31, 988 37, 878 35, 112 26, 959 18, 465 Total, all fats and oils. Milk (mostly skim).. Vitamin concentrate.. Salt and other "conditioning" ingredients Total, miscella neous.. Grand total.... 7, 042 11,619 326, 226 312, 500 242, 758 257, 389 297, 185 346, 551 500, 194 478, 492 498, 637 465, 495 607, 260 72, 846 73, 169 58, 655 60, 961 67, 323 74, 875 104, 389 101, 642 105, 002 96, 046 116, 242 13 45 88 19,073 18,218 13, 841 13, 773 13, 898 15, 312 21, 758 21, 674 21,930 20, 496 25, 893 91, 919 91, 404 72, 510 74, 747 81, 266 90, 275 126, 268 123, 425 127, 052 116, 645 142, 255 418, 145 403, 904 315, 268 332, 136 378, 451 436, 826 626, 462 601, 917 625, 689 582, 140 749, 515 1 Includes mustard oil, vegetable stearine, soybean stearine, linseed oil, cottonseed stearine, cottonseed flakes, soya flakes, and soya stearine flakes. 2 Includes rape oil, rice oil, sesame oil, palm kernel oil, sunflower oil, curicuri, palm stearine and palm flakes. Includes beef fat, butter tallow, whale oil, lard flakes, and monostearine. 4 Includes derivative of glycerine, lecithin, benzoate of soda, color, ostearine, and miscellaneous. Source: Bureau of Agricultural Economics, U. S. Department of Agriculture. TABLE 5.-Percent of each type of fats and oils used in manufacture of oleomargarine, United States, 1927-47, by calendar years [Percent] Ingredient 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 Total all fats and oils.. 35.7 29.3 26.6 22.6 18.0 15.6 14.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 See footnotes at end of table. 15.9 8.6 8.0 5.7 |