Agricultural relief: Agricultural relief

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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:: 1831934515

URN:: urn:nbn:de:zbw-retromon-232102

Document type:: Volume

Title:: Agricultural relief

Volume count:: Pt. 4

Place of publication:: Washington

Publisher:: Gov. Pr. Off.

Year of publication:: 1928

Scope:: III S., S. 255 - 297

Digitisation:: 2022

Collection:: Economics Books

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

263 Mr. Fort. The figures represent cotton handled, do they not, for members and nonmembers alike? Mr. Kincore. We only handle cotton for members. Mr. Fort. In your cooperatives? Mr. KrLcorE. In eur cooperatives. Mr. Fort. Mr. Bledsoe testified that they handled for nonmembers. Mr. KiLcore. Those people that put cotton in were members. They can become a member of the staple growers and then withdraw. That is practically so of all cooperatives. You can be a member for one year and then withdraw. They became members to put cotton in. Mr. Fort. None of them handle for nonmembers? Mr. KiLgore. Not for nonmembers. Mr. CrLArRgE. Your contraet is just from year to year? Mr. KiLcore. They are long-time contracts, but with yearly withdrawal privilege. Mr. Apxkins. It seems from those figures that Doctor Aswell has presented here that the amount that you have been handling has been gradually going down. Now, with your experience in trying to con- trol the surplus through your cooperatives, to stabilize the price; with your experience with that, if you can not find some way of making the entire production come in, will not the idea of controlling the surplus have to be abandoned entirely; in other words, can vou control it unless the rest of them help carry the load? Mr. KiLcore. Absolutely not. Mr. Apkins. And that attempt will be entirely abandoned if you can not have the rest carry the load? Mr. Kincore. 1 was leading precisely up to the point that Mr. Adkins has made, and I should have made that as part of mv state ment. Mr. # ay I interrupt you here? Mr. ucor: es. Mr. AswELL. in response to what Mr. Adkins said, why is the fee necessary on cotton, when it is agreed by every man who studies it that there need not be any loss on cotton? Mr. KiLgore. That is not agreed. Mr. AsweLL. Everybody I have heard that knows anything about it, says so. You can always handle cotton so you will not lose if you have the money to hold for better prices. Mr. KiLGore. You have never heard of a cotton merchant failing, have you? Mr. FuLMer. What about this season’s cotton going from 16 to 23 cents. They could organize and take it off the market and hold it. Mr. AsweLL. The reason they are not organized is that they lost half of the organization last year, because of the lack of legislation to induce folks to come in. Mr. FuLMer. I had a good bill and you refused to let it pass, pro- viding for $100,000,000. The gentleman was so carried away with his own bill that he would not vote for anything else. Mr. K1mLgore. Doctor, may I ask you a question? Mr. AsweLL. Yes; sure. Mr. KiLGgore. As I understand it, the bill you have introduced is the McNary-Haugen bill minus the equalization fee. Mr. AsweLL. Without the fee. Mr. KiLcore. We have hopes for you. You have come a good long ways.

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