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

AGRICULTURAL RELIEF Mr. KercHaM. Your people would not be averse to getting it from the Treasury, would they? Mr. Moran. I think they would. They are a proud people. Mr. KiNncHELOE. If that money were coming out of the Federal Treasury they would plow up their gardens and put all their fields in tobacco and the increase in production would make it fall of its own weight? Mr. Morgan. That is my opinion. Mr. KiNcHELOE. If you increase the price on any product vou will see the production growing by leaps and bounds. unless there is some penalty on the individuals. Mr. KercaaM. Do you not believe that would be handled in the same way and same theory that we proceeded under in the MeNary- Haugen bill, namely, if we cut in two the amount of export debenture, for instance, would not that have the same effect as doubling the amount of the equalization fee? Mr. Morca~N. You mean under the debenture bill? Mr. KErcaaM. Yes, sir. Would not the effect of it upon the grower back there be just the same? Mr. MorcaN. We have studied the debenture bill and gotten all the literature we can on it, but we are a little afraid of it. We have seen the application of it in a roundabout way with the British Government. The British Government about two years ago put a tariff on tobacco of $2.13 a pound, but stated that colonial tobacco could come into England for $1.64 a pound, which gave a preferential duty against the American tobacco grower of 49 cents a pound. As a result of that, they went up into Canada and stressed the increased growing of tobacco. The vear before last the crop was 28,000,000 pounds, and this last year they took men from western Kentucky, many of them, dozens of them, to Canada, and started them in the tobacco-growing business, and they increased that crop to 45,000,000 pounds. But those growers are wandering back to Kentucky. The 49 cents a pound went into the pockets of the buyers, and none of it found its wav into the pockets of the growers. The average this year in Canada is only about 12 cents a pound, from what they tell me, and they were promised enormous prices. The buyer is getting the 49 cents per pound preferential duty this vear. Mr. KincHELOE. Could they have gotten it back if they were organized as you growers were? Mr. Morgan. Take that British trade, there are only relatively few buyers. The Imperial Tobacco Co. is the biggest one. There are others of importance—the Ross Tobacco Co., the Gallagher (Ltd.), and Noakes Carden and the Associated Cooperatives and others, but the Imperial Tobacco Co. largely predominates that market. If those growers in Canada were to ship their tobacco to England and then try to sell it, they would have to sell it to those same buyers that are right there in’ Canada. They have got their Tepresentatives right on the ground in Canada to buy their tobacco, and if they ship it to England they have got to sell it to those identical buyers. They have not got a chance in the world. Mr. JoNEs. Their difficulty up there in Canada is because of the buyer situation? Mr. Morcan. Yes: and how are they going to overcome it? 221

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