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

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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

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Chapter

Document type:: Multivolume work

Structure type:: Chapter

Title:: Statement of Jesse Newsom, of Indiana

Collection:: Economics Books

AGRICULTURAL RELIEF 119 Mr. Taser. State it again, please; I do not understand you. The CHARMAN. To preserve advantageous domestic markets for agricultural commodities. Are vou for that? Mr. Taser. Yes. The CrairmMax. You are for that. Are you also in favor of the policy to minimize speculation and waste In marketing such com- modities? Mr. Taper. Again, that is language that expresses—— The Cuairmax. Are you for or against +? Would you be in tavor of incorporating that ‘n the bill? I think that is one of the most important provisions of the measure, and I would like to have vour idea on it. Mr. Taper. In the declaration of policy, that would not be objec- tionable. The Cumarmax. Now, then, would you be in favor of providing for that the power of the board, shall be exercised in such manner, and the marketing agreements entered into by the board during any marketing period, that shall be upon such terms as will in the judg- ment of the board carry out the policy declared. Shall the board carry out the policy declared ? Mr. Taser. That declaration would require some amendment to the bill. It requires marketing provisions that we do not set up in our bill. It is sound as policy, if your legislation contemplates it. Our legislation contemplates the elimination of inequality and not the building of machinery. The Cmarrvmax. It is simply this, shall the board carry out the policy as declared in the declaration of policy—use your own word- ing—the question is, shall the board carry out the policy declared. Are vou for that? Mr. Taser. There is no objection to having a statement in the declaration of policy that the board shall carrv out the policy declared. The Cuatrmax. Are you in favor of the board carrying out the declaration of policy? Mr. TaBer. Yes. I'he Crarman. The board is there for some purpose, and I as- sume for the purpose to carry out the policy declared by Congress— shall the board carry out the policy as declared in the declaration of policy! Mr. Taper. Certainly, the board should be compelled to carry out the declaration. "iy CrarMaN. You are not in favor of incorporating that in the 111 Mr. Taser. No: I would not be in favor of incorporating that par- feular statement in the bill without rewriting the bill. The Craikmax. What is the use of having a policy unless it be carried out. Why declare in favor of a certain volicy unless it shall be carried out? ~ Mr. Tarer. You will note, if you will read our declaration of pol- ley, that it sets out the purposes of our bill. A declaration of policy must set out the things that the machinery of the bill provides for. The Cuatryan. The debenture bill declaration of policy is simply to pav debentures?

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