AGRICULTURAL RELIEF

569
Mr. AxpERsON. Some of them are stabilization bills as I regard
them, and some are stimulation bills. I have tried to point out a
difference between ‘‘stimulation’ and ‘‘stabilization.”

The CuairMaN. I think we are agreed that the aim of this par-
ticular bill introduced by myself, is to make our protective laws
extend to the farmers and apply to them as they have been made to
apply to organized industry. My understanding is that organized
industry takes the benefit of the tariff, and the unorganized do not.
Do you agree to that?

Mr. AxpERsON. I do not know what the purposes of the pro-
ponents of the bill are. I can not answer for them.

The Cuairman. We will take the bill, then. It is to prevent
surpluses from unduly depressing the prices obtained for such com-
modities and from causing undue and excessive fluctuations in the
markets for such commodities, to minimize speculation and waste
in marketing such commodities.

Mr. ANpERsON. Do you want me to admit that is the object of
the bill?

The CuairMaN. It is so stated in the bill, in the declaration of
policy, and provides that the policv declared is to be carried out
under its terms.

Mr. AxpERrsoN. Do you want me to admit that the purposes of
the bill are stated in it?

The CuairMAaN. I would like to have wour opinion.

Mr. A~xpersoN. My opinion : ** ‘he objectives are and
whether those objectives obtain am afraid would not
be persuasive.

The CuarrmMAN. I will state again that the purpose of the bill as
set out in the declaration of policy is to preserve advantageous
domestic markets for agricultural commodities to prevent such sur-
pluses from unduly depressing the prices obtained for such com-
modities and from causing undue and excessive fluctuations in the
markets for such commodities, to minimize speculation and waste in
marketing, and so on. Is not that made clear to be the aims of
the bill?

Mr. ANpERrsoN. Yes, I think that makes clear the purposes of the
bill. It does not make clear as to how that aim is to be accomplished.

The CuairmMaN. My understanding is that it is to make the prin-
ciples of the tariff immigration laws and all our protective laws
apply to farmers as they generally apply to organized industry, as
was stated here a while ago. We all admit, I think, that organized
industry and labor have made the tariff and immigration laws
effective.

Mr. AxpErson..I think that is the theory of the proponents of
the bill as to its functions; yes.

The CHAIRMAN. That can be accomplished by the establishing and
financing board, friendly to the producer, vesting it with power to
zo on the market and through agreements to purchase, withhold,
and dispose of agricultural commodities in order to maintain the
American price level for domestic consumption. Now, is it not true
that the protective laws already established would be the deter-
mining factor, such as the immigration law, the tariff law would be
the vardstick, the determining factor in establishing the price?

Mr. AxpERsoN. I think it would be under this bill.