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

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

Chapter

Document type:: Multivolume work

Structure type:: Chapter

Title:: Statement of Louis J. Taber, master national grange, Columbus, Ohio

Collection:: Economics Books

314 AGRICULTURAL RELIEF Mr. Taser. Require at the ports of entry that no man can import cotton into the United States until he does certain things. Mr. Kincueror. Of course, that is equivalent to a tariff. Mr. Taper. He has got to put a metal tag on that cotton and stamp the bales of cotton in such a manner that they can easily be dis- tinguished from an American-grown bale. He can not get his cotton into the United States unless he does certain things. Mr. KincarLOE. Suppose he does that and it does not cost him anything. What becomes of it? Does it not come in competition with domestically grown cotton? Mr. Taper. We provide in our bill for transportation through the United States for export. We do that because certain cotton comes in from Mexico and goes through the United States. Of course, if Doc- tor Aswell does not like the cotton schedule it could be taken out, simplifying that bill and reducing the cost. Mr. Aswerr. I do not want it taken out. Mr. Taser. It would save $69,000,000 to take it out. Mr. AswerLL. If cotton was selling at 11 cents it would not help very much. Mr. Jones. That two cents would be the profit. There was not any profit at 11 cents; it would be additional. Mr. Taser. Here is the schedule I am going to file in the record: Fresh beef and veal would add $50,000; swine would add $36,500; fresh pork would add $121,699. The total amount of money pre- vented from getting into the Treasury would be $146.183.341. Mr. KincueLoe. That is a year? Mr. Taper. That is the five-year average from the figures from the Department of Agriculture. (The statement submitted and referred to by Mr. Taber is as follows?) Averane amount over 5-year period of debentures under Ketcham bill [Computations made from figures supplied by Bureau of Agricultural Economics, United States Demartment of Agriculture? Wheat co ________ Wheat flour meen CONN eet tt Cv ——— Rice (flour, meal. ete.. included) _ meme Leaf tobaceO— mm. ee. COE ON ee em Cattle mo. eee Fresh beef and veal ___________ ___ oo em SWIC Fresh pork________________ SE Canned pork _____ __________________ Pickled pork___________._. —_—— Bacon. Hams_______________ ee Yard $29, 431, 248 14, 548, 264 5, 006, 925 1, 875, 185 15, 095, 240 69, 042, 000 157, 500 50, 520 36, 500 121, 699 35, b70 335, 530 3, 209, 650 2, 969, 410 4. 268. 100 i 146, 183, 341 You say it is a good bit of money. It is. And that raises the question, How are you going to fill this hole in the Treasury? In Le et place, we have a number of agricultural commodities that iy not now have a tariff that they should have. It is quite possible at there should be some increases along that line. But prosperity

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