AGRICULTURAL RELIEF 
4169 
administration, and during the summer we had conferences with 
Senator McNary. On the Ist of December we came back, and we 
had a conference with Senator McNary and he said, “I want legis- 
lation, if I can get anything that is beneficial to the American farmer 
and abandon the equalization fee, I will do it.”” We left him with that 
understanding on the Ist of December, and afterwards Senator 
McNary introduced a bill with the equalization fee in it. I am not 
speaking for Senator McNary, but that means just this, that after 
getting all the suggestions he could get from everybody, he figured 
that the bill with the equalization fee in it, vetoed, would be just as 
valuable as any bill that the same people would allow to be passed. 
You can draw any other conclusion from Senator McNary’s acts that 
you desire. 
Mr. AswerLL. What would be the value of a bill vetoed? 
Mr. Caverno. Doctor, I will say this, that you have proposed a 
bill that would help cotton and would not help anybody else, and, 
being a cotton farmer, if you will pass that bill I will go home and put 
my whole farm in cotton. 
Mr. AsweLr. My bill will help cotton and rice and tobacco and 
everything. 
Mr. Apkins. Tobacco men do not say that. 
Mr. Caverno. Gentlemen, the main thing I have got here you can 
not have to-day, and I am sorry I can not give it to you, and that is 
the way the bill would work practically in cotton. I think I have 
given you the practical working of it in wheat—not the simplest in 
the world, but just under our tariff system, to meet and to give the 
farmers an opportunity of the tariff protection which the President, 
the Tariff Commission, and this Congress have said he was entitled 
to. You can not give it all to him under this system, but you can 
give him a part. 
Mr. KincueLok. Do you not think these proposed bills work 
easier on wheat than anything else? 
Mr. Caverno. I do not see how wheat would get anything out of 
any of your bills except the McNary-Haugen bill. 
Mr. KincaeELoE. How about the debenture plan? 
Mr. CavernNo. Oh, yes. But I object to it because of the fact 
that it is a dispersion and not a concentration bill. - 
Mr. WiLLiams. I understood you to say Doctor Aswell’s bill will 
work as to cotton. 
Mr. Caverno. It will help to a certain extent. 
Mr. WiLriams. You know that Doctor Aswell’s bill is the same as 
the McNary-Haugen bill with the equalization fee eliminated and 
operating under the revolving fund? 
Mr. AsweLL. With the insurance plan added. 
Mr. Caverno. With the insurance plan. 
Mr. Wirriams. Do you think that will work as to cotton? 
Mr. Caverno. Yes; but it will not work as well as the McNary- 
Haugen bill. 
Mr. KincreELoE. How long do you think it will work as to cotton? 
Mr. Caver~o. No; the doctor is right, Mr. Kincheloe. He and 
I can make money out of his bill, but we are going to skin the little 
fellow at the bottom. 
Mr. AsweLr. We make money for him by our corporation. 
Mr. Caverno. No, sir; we are going to start in low and bid high, 
and we are going to skin the little fellow at the bottom.