AGRICULTURAL RELIEF

105

Mr. KercHaM. Suppose some would stay out and be under no con-
tract and sell all of their crop, as they do now. What effect would
that have on your plan?

Mr. GRENNAN. We would never start.

Mr. KercaaM. You would not start unless you had 100 per cent?

Mr. GreNNAN. Oh, I would say that 75 per cent would be suffi-
cient. I do not think you would have much if any trouble. If you
got 75 per cent you would get the rest.

Mr. Jones. Do you think you could get 100 per cent of any class
of people to indorse the ten commandments, even?

Mr. GRENNAN. No; I do not say that you are going to get 100 per
cent right on the start.

[ want you to look into this a little further. If you are going to
deliver a percentage of this crop each month—that does not mean
you have to deliver it all in one day, but it means I can haul a load
of corn to market any time I want to, just so I do not deliver more
than a certain percentage during the month. With that you are
going to get a continuous turnover in money. Your business men
will get paid every 30 days. Your railroads will have a 12 months’
haul instead of 8, and you are going to cut the cost between the
producer and the consumer.

Mr. McSweeNEY. If you have 600 bushels left of that crop and
you are a cattle feeder would you not be tempted to feed that corn
to your cattle?

Mr. GrReNNAN. You have just as much protection on the cattle
as the corn, because the cattle eat 85 per cent of the corn.

Mr. McSweeNEY. That would be cheaper than putting it on the
market?

Mr. Crark. Don’t you think an equalization fee would answer the
purpose?

Mr. GrENNAN. Yes, if you can get it, but if you can not get it let
us substitute something for it.

Mr. Crark. Do the farmers who sent you down here think that?

Mr. GReENNAN. I don’t believe they know much about it.

Mr. Cruark. Do you believe that would encourage or discourage
the cooperatives?

Mr. GReNNAN. I think it would encourage them. The trouble with
the equalization fee or any other plan, gentlemen, is that it is not
put up to the farmer in an intelligent way. He does not know what
he is doing. You could explain this to the dumbest farmer that ever
lived, and he would know it. He would understand it. He would
know that all he had to do was not to deliver more than a certain
per cent of his crop. He knows that the world will not buy any
more stuff than he has got to sell, and you men all know that too.

Mr. AnpresEN. What do you think we should do if we can not
ret the equalization fee plan or the plan that you proposed. Do

you think this committee should sit down and work out the best
plan we can get?

Mr. GreNNAN. Yes, sir. I think that is your business. I don’t
think you should let the farmer down with any makeshift form of
relief. There is no use going into the condition of the country.
Everybody knows that.

Mr. FuLMER., Do your farmers want a loaning scheme?