580 AGRICULTURAL RELIEF 1 Mr. AsweLn. Mr. Anderson, would you put in the record a brief statement of the points in the present bill that do not meet the President’s objections? You stated them, but you have been rambling around with all these questions. Mr. ANpERSON. If the committee would like to -have it and will permit me to, I would be very glad to summarize the objections of the President which I think have been met and have not been met, and put it in the record. Mr. AswerL. I would like to have that. Mr. AnpErsoN. Of course, you have to understand I am expressing my judgment as to where it is met and not met, and that may be sound and it may not. be sound judgment. Mr. AswerLL. That is all you can do? Mr. ANnpErsoON. That is all I can do. Mr. PurNELL. How many objections, in number, have not been met in this bill? Mr. ANpERsoN. I have not figured it up. The President’s mes- sage, as you know, covers some of these things in various ways, and I have not tried to get them all out. But there are a good many which I think have not been met by this bill. Mr. AswerLL. Do you not think it would be wise to put that in the record? Mr. PurNELL. I think it would be very interesting if he were to set those out. The CuairMaN. Do you request that it be done? Mr. AsweLL. Yes, sir. The CuairmaN. Without objection it is so ordered. . (The summarized statement referred to and submitted by Mr. Anderson is as follows?) [Memorandum by Sydney Anderson, president Millers’ National Federation] In response to the request of the committee for a memorandum summarizing the objections of the President to S: 4808, passed by the Senate and House in the last Congress, and indicating whether in my opinion these objections have been met by the pending bill, H. R. 7940, I submit the following. It seems best to state these objections and to quote briefly from the President’s veto message in support of them and I have, therefore, followed this method. OBJECTIONS TO S. 4808 IN THE PRESIDENT'S MESSAGE OF FEBRUARY 25, 1927, WaiceE Have Not Bren MET IN THE PENDING BILL 1. Opposed to diversification and discriminates in favor of one-crop farming. —It says in effect * * * that what we ought to do is not to encourage diversified agriculture but instead put a premium on one-crop farming. * * * The measure discriminates definitely against products which make up what has been universally considered a program of safe farming. * * * The bill singles out a few products, chiefly sectional, and proposes to raise the prices of those regardless of the fact that thousands of other farmers would be directly penalized. 2. Guarantees losses, charges and profits of packers, millers, and spinners, and other processors.—This measure provides specifically for the payment by the Federal board of all losses, costs, and charges of packers, millers, cotton spinners, or other processors who are operating under contract with the board. * * * It is roughly estimated that in this country there are 4,000 millers, over 1,000 meat-packing plants, and about 1,000 actual spinners. No one can say definitely after reading this bill whether each of these concerns would be entitled to receive a contract with the Government. Certainly no independent concern could con- tinue in business without one. Each of the agencies holding a contract—the Sisters and inefficient alike—would be reimbursed for all their losses. costs, an charges.