342

' AGRICULTURAL RELIEF

that is contemplated to be relieved by this that has a chance to
stabilize the market and depends solely on good merchandising, and
that is cotton, because there is such a large factor in the world’s
market. But I am confident that if under the most conservative
terms you and I might conceive of, if they start to do this on wheat
or corn that they will not get by without losses, and this scheme, if it
does do what we hope it will do, has not got a chance to succeed,
unless the commodity comes forward through a scheme of this kind
and makes up the losses. I can not see anything about the equalization
 fee that is dangerous to the public if this thing works out to the
advantage of the public and the farmer as well, when the commodity
itself pays the bill, aiid when the only thing it can do or would do
would be to keep the boat afloat and take care of the losses.
Mr. AnpERsON. I expected to discuss the equalization fee in another
connection, and I prefer to do it in that way, and the only answer I
can make to your question, if it is a question, is that I do not agree
with you.
- Mr. Apxkins. I think you are very fair with your statement, and
[ try to be fair with vou.
Mr. ANDERSON. I think you have been. :
Mr. Apkins. That is all I have to say.
The CHAIRMAN. Are we going to set aside another day for Mr.
Anderson? It is almost 12 o'clock. How long would it take vou to
finish your statement, Mr. Anderson?
Mr. AnpERrsoN. I have not discussed at all the details of the bill,
and I think the objections to it. I would like to have an opportunity
 to discuss those details in more specific terms. I do not know
what the plans of the committee are. 1 would be very glad to go on
to-morrow if it is the wish of the committee. 1 can not go on next
week, because I have to be away.
Mr. Apkins. Mr. Chairman, I have no objections to Mr. Anderson
being heard through to-morrow or any other day.
Mr. WiLriams. You will remember that by unanimous consent the
committee determined not to go on to-morrow. I would suggest,
however, that Mr. Anderson be permitted to come back anv time it
is convenient to the committee and himself.
Mr. AnpErsoN. While I am at it, I will stay over and come back
Monday. I do not want to interfere with any other gentlemen who
are here.
Mr. WiLLiams. I do not think Mr. Anderson should properly
have come before the committee until the conclusion of the proponents
 of the legislation. I take it you are against the legislation?
Mr. AxpersoN. I would prefer to go on then. The only reason I
asked to come on to-day was because I am going away next week, and
[did not know how long the hearings would continue.
The Cuarrman. How long are you going to be away?
Mr. ANDERSON. A week.
The Cuarrman. I thinkit is the committee's desire that Mr. Anderson
 be, allowed to conclude his statement at anv time before we
finish our hearings.
Mr. Wirniams. Mr. Chairman, I am going to suggest that Mr.
Anderson conclude his statement after the proponents of the bill
have all been heard. I suppose when the arrangement was made to