286 
AGRICULTURAL RELIEF 
Mr. AsweLL. Doctor, you overlooked the fact that in my bill there 
is $250,000,000 in addition to loan fund as a direct operating fund. 
without the fee. 
Mr. KiLgore. That is the revolving fund? 
Mr. Aswern. No, this is the operating fund, the same as the 
aqualization fee. 
Mr. Kicore. I understood that your bill was the McNary- 
Faugen bill minus the equalization fee? 
Mir. AsweLL. Plus this $250,000,000 operating fund. 
-r KiLgore. The revolving fund. 
+. AsweLL. The fund to assist in operating and marketing crops. 
vir. KiLcore. That would be a loan. 
Mr. AswerLn. Oh, no. I have got an extra $150,000,000 beside 
that. You haven't read my bill; I see that. 
Mr. KiLcore. I asked you yesterday if yours was the McNary- 
Haugen bill minus the equalization fee, and you replied yes. So, I 
was taking your word for it. 
Mr. AswerLL. It is plus these other good things. 
My. Kirgore. All right. Then, I will pass over that. 
All these bills that use a revolving fund as a loan fund, which must 
be paid back—— 
Mr. Apkins. Do you yield? 
Mr. KILGORE. Yes. 
Mr. Apkins. I think one of these men representing the tobacco 
cooperatives—maybe both of them—1I think I asked both of them 
the same question—where they have not gone out of tobacco and not 
supplied any other commodity, and undertook to stabilize the market 
with their own money and notwith losses. When they money was 
cone they had to get out of business, of course; and they specifically 
stated before this committee that if such a bill provided for a fund with 
no provision made where the entire production of that commodity 
should bear the expense that they would not attempt to get their 
men to sign up to operate under it, because they would have the 
same experience they had with their own money. 
Now, that was the result, I take it, from their talk, and that has 
been my own thought, that if you can not work out a scheme to 
make an entire production carry the load you have to do away with 
the idea of surplus control? 
Mr. KiLcore. I think so. 
Mr. Apkins. You spoke several times about the stabilization of 
the price here. In the event that that could be done, the chances are 
in a great many instances the general public would never notice any 
difference in the price of the commodity. For example, when cattle 
sold at the top price here not long ago of 18 cents a pound we people 
did not notice any difference in our beefsteak prices, and the only 
protest that went up throughout the country was what was recorded 
in the newspapers as an attempt to boysott on the part of hotel men 
in Boston against beef, that they were not making quite so much 
money. But the.consumer was not paying the difference? 
i iuony, Yes. 
Mr. Apxins. Now, you talked awhile ago about passing this on to 
ihe public, to the laboring man. Last session we had ad here 
favor Wallace, representing the American Federation of Labor, 
iri g 18 sort of legislation, and I asked him specifically myself, 
p g out an outline to him. that if this did do what we hoped it