AGRICULTURAL RELIEF 
317 
Mr. Taser. Just a minute—a net loss per month of $34,986, or 
a total net loss in 21 months of $734,706 in revenue. I am for it. 
[t saved the American dairy industry great losses. It was of valve 
to the farmers. But I first want to show that by raising the tariff 
so high that butter does not come in we will keep money out of the 
Treasury, and you do it under the operation of the tariff. 
I will take up another exhibit—— 
Mr. KincueLoE. Take wheat. You admitted awhile ago you did 
not think a tariff on wheat at 42 cents was effective to the American 
farmer ¢ 
Mr. Taser. I did. 
Mr. KixcueLoe. What are you going to do in this bill? Are you 
going to raise it higher? 
Mr. TaBer. No; we are going to make the tariff effective under 
the export debenture. 
Mr. KercaaMm. You would not go so far as to say the tariff is not 
effective ? 
Mr. TaBer. No; I would not say that, but it is not 42 cents effec- 
tive. But the point I want to get over there is that high protective 
rates—my friend Fort will agree you can raise a rate so high that 
vou keep goods away; and when you have the rate sn» high that 
vou keep goods away you keep the revenue out. 
(The statement submitted by Mr. Taber, D-1, is as follows:) 
Effect of high tariff rates on total duty-collected butter—Imports for 
consumption 
"1 'ZR LU CENTS A POUND TARI:" 
18. Tariff Commission} 
ax 
92 
928 
1926 ... 
“IY 
Fa) 
mborts nnder Rf cents rate 
Pounds 
mported 
20, 809, 638 
9, 279, 309 
6, 861. 435 
1 278 024 
+i. 
Value of 
imports 
37, 543, 698 
5,958, 372 
2, 533, 219 
i 1A Av 
31 a7t 
Duty 
rollected 
$1, 664, 771 
L542, 345 
548, 915 
2,2 IR? 
15 
Kquiv- 
alent 
ad va- 
lorem 
rate 
22.07 
22. 17 
71. 50 
0) 66 
50,226,406 pounds inported at 8 cents a pound yielded $4,018,113 for a period of 39 months 
Average monthlv revenue under 8 cents a pound rate—3103.029. 
JDERI12CENTS A POUNDTARIFFE 
1926 (9 months). ___ 
1927 .__.. 
Total imports under 12 cents taritr 
Pounds 
mported 
Value of 
\mports 
Duty 
ollected 
Fquiv- 
alent 
ad va- 
orem 
ate 
59 
32 
11,907, 423 pounds imported at 12 cents a pound yielded $1,428,892 for a period of 21 months. 
Average monthly revenue under 12 cents 8 POUNd TALE. - «coo oem ae eee eo memoeee me $68,043 
Average monthly loss to Treasury under 12 cents rate as compared with 8 cents rate... ........_ 34,986 
Loss to Treasury for 21-month period 734. 706