AGRICULTURAL RELIEF 
Corn 
Production. 
Exports, 1924 
Exports, 192 
Exports, 1926 _. _____ ______ 
Exports, Julv to November, 17 
ACES 
Jt cory 
583 
Bushels 
3. 000, 000, 000 
23, 000, 000 
5, 000, 000 
9, 819, 000 
3.179. 000 
[Chicago prices by Department of Labor, and Buenos Aires prices by Department of Agriculture] 
\ onr 
Chicago 
price 
Buenos 
Aires 
price 
Export 
tax 
Tar: f 
Ocean 
freight 
Total 
Kquali- 
tation 
fea 
Net 
Jrofit per 
bushel 
Total 
profit 
1924 _ 
1525 _ 
026_ __ 
927 _ 
*N, 972 
038 
75€ 
1} 
< 
101 
2114 
Rt 
SAL 
0). 001 
0003 
C17 
*0. 129 
L1742 
. 1818 
(3) 
3387, 000, 000 
522, 827, 500 
430, 861, 000 
(2) 
voy 
1 January-November, 
3 Not vet available 
ap 
If the bill had been in force in 1924 the corn grower would have reccived the 
Argentine price of 33 cents, plus the tariff of 15 cents, plus the export tax, which 
was 1.54 cents in February, 1926, 1.03 cents in March, and 0.46 cent in April, 
or say 1 cent, and the ocean freight to Baltimore or New York, say 1114 cents, 
the rate March last, or a total of $1.10}4, instead of the Chicago price of 97.2 
eents, a gain of approximately 13 cents per bushel, minus the equalization fee 
to cover the discount of 13 cents on 23,000,000 bushels to be distributed over a 
total production of 3,000,000,000, assuming that the total production had been 
marketed. If so, an equalization fee of $0.001 per bushel. a net gain of $0.129 
per bushel, or a total profit of $387,000,000. 
If the bill had been in force in 1925 the corn grower would have received the 
Argentine price of 94 cents, plus the tariff of 15 cents, plus the export tax of 1 
cent, and the oecan freight of 1114 cents, or a total of $1.211{, instead of the 
Chicago price of $1.038 (see ratio table furnished by Department of Labor), 
a gain of 17.45 cents per bushel, minus the equalization fee of 17.45 cents on 
5,000,000 bushels to be distributed over a total production of 3,000,000,000, 
assuming that the total production had been marketed, or an equalization fee 
of $0.0003 per bushel, a net gain of $0.1742, a total profit of $522,627,500. 
If the bill had been in force in 1926 the corn grower would have received the 
Buenos Aires price of 67 cents, plus the tariff of 15 cents, plus the export tax of 
1 cent, and the ocean freight of 1114 cents, or a total of $0.9414, instead of the 
average Chicago price of 75.9 cents, a gain of 18.35 cents per bushel, minus the 
equalization fee to cover the discount of 18.35 cents on 24,783,000 bushels, to be 
distributed over a total production of 2,645,000,000 bushels, assuming that the 
total production had been marketed, or an equalization fee of $0.0017 per 
bushel, a net gain of $0.1818, or a total profit of $480,861,000. } 
Inasmuch as the exports of corn for the year 1927 are not yet available, the 
full data as to the equalization fee and total profit can not be worked out at the 
present time. 
Beef slaughtered 
1927 
1926 
1925 
1924 
Pred 
Ey—-- 
[mport: 
Net ex. 
i, 358, 000, 00C 
38, 000, 000 
41. 000, 000 
» 
146, 000, 000 
39, 000, 000 
17, 000, 000 
22 000. 000 
1, 065, 000, 000 
40, 000, 000 
21, 000, 000 
19. 000. 000 
Wont avail.