AGRICULTURAL RELIEF 671 culture as a whole is prosperous it would perhaps be well to let that law work, but when we have conditions which bring about an arti- ficial rise in the cost of labor and other farm costs, and then only one commodity out of a group begins to pay anything like a profit for its production, if we let that law work so it beings about the average the average will be so slow that the production of none of those crops will be profitable. _ Mr. AnDRESEN. You stated before the committee that the dairy industry was the best organized industry in agriculture. The reason for that is this, as I see it—and I am asking this question: Is not the reason for that that there is no surplus of agricultural commodities, and that our entire production is not sufficient to supply our domestic consumption, by reason of the fact that there is no surplus, the cooperative industry is organized and so successful? Mr. SeExaukR. 1 do not quite agree with that. I think the pri- mary reason why the dairy industry is better organized, perhaps, than any other is the fact that the dairy products are more or less perishable and have to be marketed more or less every day or every month or every year, depending on the particular type of com- modity which you are producing, and it is not like wheat or some other commodities that can be stored over a period of years. Con- sequently, the man who produces milk in fluid form has to provide himself with a market for that milk to-day. He has to have that market to-day. Unless he is assured of what we term in our slogan “A market for every man every day in the vear,” he suffers an irreparable loss. Consequently that has brought about conditions that forced him to organize quicker than the man that produces some of these other commodities, in fact, our organizations were formed when we did have an exportable surplus when we were suffer- ing some of these conditions. Mr. Kercnam. Did you go into the causes that have possibly brought about a maladjustment that you refer to? Mr. SExAUER. No; I did not. I took the position that this com- mittee had been studying that for a period of years and probably knew more about it than I did. Mr. Kercaam. I wondered if in your own mind you assigned any particular things that have been done in a legislative way that you think has created this present price disparity? Mr. SEXAUER. I am not an economist and perhaps all the infor- mation that I have gathered can be taken out of one or two publica- tions, or at most three: Business Men’s Reports and Condition of Agriculture by the National Conference Report. Mr. Kercaam. Of course, you are very familiar with the report of Doctors Warren and Pearson? Mr. SEXAUER. Yes. Mr. Kercaam. Have you followed their discussion as to the causes of the present price depression in agriculture? Mr. SExauver. To quite an extent. Mr. Kercaam. Do you agree with the conclusions as to the causes? You recall they mentioned the increase in interest charges, the increase in local taxation, and the increase in the costs of distribution; they classed those factors as important in the present price maladjustment? Do you agree with that? [6160—28—SER E. PT 9— 2