312 WESTERN HEMISPHERE IMMIGRATION

Mr. Frrzratrick. Well, as a matter of fact, I do not know about
investors, but the general feeling is that there is not any serious
competition between Mexican laborers and American laborers.
Mr. Rurnerrorp. Well, do you know that the question of who
will procuce all of the cotton is a very serious problem confronting
the man who lives throughout the South, the Southeast, and the
Southwest?
Mr. FrrzepaTtrick. Yes, indeed.
Mr. Ruraerrorp. And, do you not know that the Mexican laborers
are a factor in increasing the yield, therefore reduces the price of
the commodity?
Mr. Firzeatrick. Yes; that is undoubtedly true. The Mexican
has made it possible to bring in new cotton acreage.
Mr. Ruraerrorp. Therefore, it materially affects every man who
plants cotton in the entire South.
Mr. Frrzratrick. Undoubtedly.
Mr. GiesoN. You agree that unemployment exists in this country?
Mr. Firzeatrick. That is the general information—you say
‘serious’ condition of unemployment. I do not know just what you
mean. © Undoubtedly there 1s considerable unemployment.
Mr. Gisson. There is considerable unemployment in the country.
Mr. Frrzeatrick. I have stated that that is a fact, that the business
 men have recognized that. This whole effort of the National
Business Survey Conference has been to stimulate construction and
other building activities to maintain the momentum of business
activity and reduce unemployment.
The Crarrmax. How long can a thing go on momentum? Every
thing in the United States has been driving too hard, and has to keep
going on momentum. Is not that about it?
Mr. Frrzeatrick. Yes; we have got to keep the machine moving.
The Cratrman. If you get up to 90 miles speed and come to the
end of the road you can not help yourself, can you?
Mr. Frrzeatrick. Of course, the analogy between business momentum
 and driving a car at 90 miles an hour into a dead-end road
is difficult to see.
The Cuarman. Well, now, is it so hard to see? High speed in all
lines of business means higher production.
Mr. Frrzearrick. That is right.
The CuatrmaN. So that many lines have been doing the Nation’s
work in six months and then they have got unemployment, got to lay
employees off by the month and pick it up again. It is a hich-speed
proposition.
Mr. Frrzearrick. Or increase your capacity to consume the goods
you produce.
The Crairman. Then, you have to find a market.
Mr. FrrzeaTrick. Yes, that is the principle.
The Cuarrman. And. of course. one problem brings the other
problem.
Mr. Fitzpatrick. Yes.
The CuairmaN. And, the National Chamber of Commerce is one
of these high-grade high-speed outfits, is it not?
Mr. Frrzeatrick. Well, I do not know whether we are or not.
The Cuairman. I think you are. Now, are you at such high
Wer) that you can not look down at the bottom and see the men out
of work