AGRICULTURAL RELIEF R67 would cover—assuming that there is an average stl - lent to ours—25 to 30 per cent. That is more or Productio estimate. I would hate to be held to those figures. oT Mr. KincHELOE. You are under the impression, if T understood you in your answer to Mr. Fort, that in the McNary-Haugen bill that is now being considered dairy products were not considered a basic product? Mr. SEXAUER. Not a basic product? The gentleman—I do not know his name—rather convinced me that it could be considered with the agricultural commodities under the terms of the bill. Mr. KINCHELOE. There is no doubt about that. The revised bill covers any agricultural commodity. Under the bill that passed the House last session there were only five basic commodities. Mr. JoxEs. And milk was not included? Mr. KincHELOE. Milk was not included in the former bill. Do you think if your organization had any idea at all that milk and butter would be designated as one of these commodities, or two of these commodities, and that they had to pay an equalization fee on them, they would be for this bill? Mr. SExAuEr. The interests we have operated for a period of seven years under a pooling plan, which is very similar to the equal- ization fee. I suspect there would not be verv much obiection after they fully understood it. Mr. KixcHELOE., Then you think that the members of the Dairy- men’s League would be for this law which would take in butter and milk and other products of the cow, knowing when it is done there would be an equalization fee levied upon the producers of those commodities? Mr. SExavEer. Once they understood it, yes. Mr. KiNcHELOE. You think there would? But your organization, if I understand it. has never contemplated anvthing like that hap- pening? Mr. Sexaver. They felt it was not necessary. Mr. KiNncHELOE. Therefore, when you resoluted, if you did on the McNary-Haugen bill, your membership understood at that time that dairy products would never be considered and therefore they would never have to pay an equalization fee? Mr. Sexaver. Well, I think the thing they understood was that other branches of agriculture were in very bad shape and would affect the dairy industry if something was not done for those other branches. Mr. KixcueLoE. They understood that and they also understood there would be no operating period declared on any products of their industry. Mr. SExavEr. It is probably true they understood that from talk. Mr. KincHELOE. Of course, you are just guessing as to what they would think about the matter if they were convinced. that there would be an operating period declared on these dairy products and an equalization fee put on them? - Mr. SExAUER. If there was an operating period declared on these dairy products and an equalization fee put on them, probably the dairy industry would be in such a depressed state that they would desire something like that to happen. . Mr. KiNcHELOE. You guess as to what your membership. would think about that.