Agricultural relief: Agricultural relief

Bibliographic data

Multivolume work

Identifikator:: 1831932415

Document type:: Multivolume work

Title:: Agricultural relief

Place of publication:: Washington

Publisher:: Gov. Pr. Off.

Year of publication:: 1928

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Volume

Identifikator:: 1831934280

URN:: urn:nbn:de:zbw-retromon-232071

Document type:: Volume

Title:: Agricultural relief

Volume count:: Pt. 2

Place of publication:: Washington

Publisher:: Gov. Pr. Off.

Year of publication:: 1928

Scope:: III S., S. 70 - 179

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

Chapter

Document type:: Multivolume work

Structure type:: Chapter

Title:: Statement of Mr. O. F. Bledsor, Jr. president staple cotton growers cooperative association, Greenwood, Miss.

Collection:: Economics Books

AGRICULTURAL RELIEF 99 Mr. KincrELOE. Will he agree to stay over until to-morrow if any of us want to ask him any questions? Mr. Apkins. Yes; he will agree to stay over. Mr. PurNELL. The committee is asked to give unanimous consent that this gentleman from Illinois be given the last 15 minutes to make a statement, with the understanding that if any members of the sommittee should desire to ask him any questions he will remain over, i en the further understanding that Mr. Bledsoe has not con- cluded. Mr. KincHELOE. And starts at 10 o’clock to-morrow morning as the first witness. Mr. Pur~neLL. Is there any objection to the unanimous-consent request? The Chair hears none, and Mr. Grennan, of Illinois, will he recognized for the last 15 minutes, with the understanding that if any member of the committee wants to ask him any questions he will remain over. STATEMENT OF MATT GRENNAN, ROCK FALLS, ILL. Mr. PurNELL. State your name and address for the reporter. Mr. GRexNAN. Matt Grennan, Rock Falls, Ill. Now, I have been listening to the discussion here for the last three or four days, and it seems to me that all the plans that have been put forth here resolve themselves right back to cooperative and orderly marketing, and they must be voluntary, pure and simple. It does not look to me like the laws of this country will allow any compulsory organization. That being the fact, gentlemen, with the cooperative marketing law as it iIs—now you gentlemen passed this cooperative marketing law, and that is the only law that we can operate under, and if we are going to organize the farmers we have got to give them something that is sufficient to organize on. We have got to give them sufficient induce- ment to organize on. I believe you understand that as I put it. Now, then, if the cooperative marketing law gives the cooperative to stabilize the price, why not go right back and let that cooperative marketing organization stabilize that price and build your organiza- tion on that price. For example, if we have the right to stabilize the price of corn at Bl—the cooperative marketing organization, I am talking about— you can go out through the country and get all the farmers to join an organization—you could stabilize the price at $1. Now, you are talking about the surplus, about the disposition of the surplus, and you have just simply got that condition that the control of the surplus, the only way in the world you can control any surplus is to get a price sufficient to carry that surplus on. We will just take corn as an example, because corn is the biggest thing in the world and the hardest thing to control. If IT have 3,000 bushels of corn with the price stabilized at $1, that makes me the seller, the cooperative, the seller and the processer the buyer. Suppose he says, “I will take 90 per cent of that corn, or 80 per cent of it, or any per cent you want.” You have an overproduc- tion right there between the two. If I can sell 2,400 bushels of that 3,000 bushels for $2,400, I don’t care a rap about that 600 bushels. But I am not going to dig into my farm to raise 600 bushels more next R8160—28—srR £. PT 2—U

Access restriction

Copyright

fullscreen: Agricultural relief (Pt. 2)

Multivolume work

Volume

Chapter

Table of contents

Download

Volume

Chapter

This page

Image fragment

Citation links

Citation recommendation