AGRICULTURAL RELIEF 267 Mr. KiLcore. I would say, if you would let me handle it that way, in other words, a great deal of time—more time I think has been put upon the equalization fee plan than upon any other. It has come to be pretty well known and pretty well understood, much better back home than Doctor Aswell I think would admit. Mr. AsweLL. Back where? Mr. KiLcore. Back in the country. Farmers know about it. This form of legislation is better understood right now than any other proposed farm of surplus control legislation. Unless there 1s something else better I think we ought to go along with it rather than take a new proposal and then have to educate the people up to the point that they know about it. Mr. AsweLL. Let us have the record straight. You say it is better understood. That is true, perhaps. Mr. KiLGgorEe. Yes. Mr. AsweLL., > agitation for th. country? Mr. KiLcore. Sure there has, and that is the reason they know about it. Mr. Jones. Let me ask this further question—and I am just ask- ing this for information and for your reaction: Would you object, even in the Haugen bill, to putting in the debenture plan as an alter- native proposal to be used in the discretion of the board without interfering with the fee, to be used if the board saw fit to use it rather than the fee—to give them permission to use it and put it into effect? Mr. Kincorg. I think that would be a proposal that is worth sitting down and talking over. I would not want to say just stand- ing up here, without thinking and working over it and discussing 1t with the people with whom I have worked and discussed this other legislation, without sitting down and talking to them I would not want to say, but I think that would be a proposal that we might sit down and talk over. I will just give you the summary of the thought I have about the debenture plan. I really did not want to go into this, because 1 wanted to hear the gentlemen proposing the debenture. Rd JoNEs. I will not ask you the question if you prefer to go ahead. Mr. Kincore. And so I might understand it as they may have it in their minds right now. The McNary-Haugen plan has been developed; it has been refined. Mr. Jones. So has the debenture plan, very much. Mr. KiLgore. It (the McNary-Haugen plan) has been improved each year, I think—each year I have gone along with it, so that I think it is a better bill this year than it has ever been. I would like for that reason to hear the latest, the most refined form of a debenture plan, and then take it as they present it and not as I may have it in mind from reading, and from correspondence. Mr. Jones. I was not asking that to create any embarrassment at all, Doctor Kilgore; I was trying to get a re-action in reference to it. One reason, as I understand it, the McNary-Haugen Bill provides for collecting the fee on a part of one commodity at the point of export; most of them are at the processing point, but I think in one com- 86160—2S8—SERE, PT4—2