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

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Volume

Identifikator:: 183193440X

URN:: urn:nbn:de:zbw-retromon-232093

Document type:: Volume

Title:: Agricultural relief

Volume count:: Pt. 3

Place of publication:: Washington

Publisher:: Gov. Pr. Off.

Year of publication:: 1928

Scope:: III S., S. 181 - 253

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Multivolume work

Structure type:: Chapter

Title:: Statement of Mr. Geoffrey Morgan, representing Dark Tobacco Cooperative Association; Hopkinsville, Ky.

Collection:: Economics Books

2920 AGRICULTURAL RELIEF process usually is done by the farmer. Sometimes 1t 1s done by the man who buys the tobacco. Mr. MorcaN. We have two types of tobaccos—the fire cured and the air cured. In the fire cured there is no necessity to do anything to that tobacco except to put it right in the hogshead. We run our tobacco 1,500 to 1,800 pounds to the hogshead. That tobacco will keep indefinitely in any climate, anywhere. It has been smoked for a long time with slow fires, and it is like an old ham, it will just keep anywhere. } But air-cured tobacco has to be put through a redrying process before it goes into the hogsheads. It takes very expensive machinery to handle tobacco that way. There is another tobacco in the Henderson tobacco section that is made into strips for the British trade, although that business 1s dying fast on account of the preferential duty causing them to buy more and more from their colonies. We have 49 cents a pound preferential duty against us on tobacco. Mr. Menges. Do you use any alcohol in your curing operations? Mr. Morgan. No, sir; none at all; not in tobacco. Mr. Kercaam. Mr. Chairman, 1 just want to take this moment y call especial attention to one preamble in this resolution—- The CHAIRMAN. Do you yield, Mr. Morgan? Mr. MoRrGaN. Yes, sir. Mr. Kercaam (continuing). Which in my opinion is as fine an expression of our current thinking on this subject as I have seen anywhere, and I just want to emphasize it in this way by reading it again. [Reading:] Whereas the law of supply and demand does not apply when the supply is in the hands of unorganized farmers and the demand is in the hands of organized Mr. Chairman, I think that is one of the best-phrased statements of the situations that we are facing that I have seen in a long time; and if you had anything to do in composing that I want to congratu- ota you not only upon the thought expressed but its phrasing. 'r. Kercuam. If you would answer just one more question. ‘1. Moraan. Yes, sir. 1. Kercuam. You stated if this bill were in operation and you nad a surplus crop, the members of your organization would go down and consult the board. You would probably have to carry over or need $3,000,000 to carry that surplus. The board would advance that money to you. After your operations were concluded for that vear, then the $5,000,000 that it was necessary for you to get from the board would be bald out of the equilization fund. Mr. Moreax. Yes, sir. Mr. Kercuay: Would not the proposition be solved if that money ig just paid out of the Treasury, instead of out of the equilization ee, and [ould you not accomplish the same purpose? ond os two othen Dalen discussed that business. It came up under that idea very much. Wo belies ee oF ongress, we do not ies salvation than to be feel] we would rather work out our own the Public Treas ng we were being handed some money from reasury when we can handle 1t some other way. \

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