Agricultural relief: Export debenture plan

Export debenture plan (Pt. 5)

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:: 1831934671

URN:: urn:nbn:de:zbw-retromon-232129

Document type:: Volume

Title:: Export debenture plan

Volume count:: Pt. 5

Place of publication:: Washington

Publisher:: Gov. Pr. Off.

Year of publication:: 1928

Scope:: III S., S. 299 - 427

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 Jesse Newsom, of Indiana

Collection:: Economics Books

418 AGRICULTURAL RELIEF brought two carpets home and told the wife they would discuss colors, one red and the other green. He preferred red, she the green. The green was preferred by the wife, and the husband said we ** com- promise upon the green.” Is that the idea? Mr. Taper. That is not a compromise. When anybody says at any particular time that does not include all the dots on the i’s and all crosses on the t's is abject surrender and is not stating just what he believes. . I believe and you believe that a compromise means that two groups of people earnestly striving for the common good, realizing that they can not have exactly what they want, accept a common ground be- tween the different positions that have been set up. And that is our notion of a compromise. We have two methods proposed: One is a large-salaried board, with ramifications of different official connection; the other is a non- salaried board and an automatic provision. There might be a com- promise somewhere between those two positions. The other is a position of using the machinery established by the Government for a century and a quarter, for the protection of American capital and American labor and American industry, by protecting the American market to the American producer, and its completing half is what we know as the export debenture idea. That is one side. And across over here [illustrating] is the theory of excise taxes for the equalization of costs administration; and between these two positions there may be some position, and I believe there is a posi- tion of compromise; and that position of compromise ought to be such that it comprehends the good of American agriculture, and not the good of any particular locality, section, group. organization or unit. Mr. Kercuam. Right there, at that point, Mr. Taber: The theory of the protective tariff is to equalize the cost of production here and abroad, so that we shall not force our laboring men to come into competition with the lower price and possibly lower scale of labor of other communities. My understanding of your advocacy of this particular proposition is, that you want to apply the same situation with reference to our American farmers, with regard to the products they sell abroad. You do not want to bring them into world com- petition in the growth of the things that they have to export in agricultural commodities; is that correct ? Mr. Taser. You are exactly correct. We should provide in the bill the same adjustments of the difference in cost of production at home and abroad, for the raising or lowering of debenture rate. that we provide in the flexible provision of the tariff. Mr. Kerceam. I think that is all, Mr. Chairman. The Cuaamrrmax. 1 would like to ask you a few questions. 1 would first like to ask you if you would favor amendments that would strengthen the bill ? Mr. TaBer. You are correct. The Crairmax. Of course, we might differ as to what might a it. That would be a matter of judgment. Would you fre 2 Jipangion of policy, to preserve advantageous domestic ets tor agricultural commodities; would you be willing to in- corporate that in your declaration of policy ?

Access restriction

Copyright

fullscreen: Export debenture plan (Pt. 5)

Multivolume work

Volume

Chapter

Table of contents

Download

Volume

Chapter

This page

Image fragment

Citation links

Citation recommendation