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

320 AGRICULTURAL RELIEF Mr. Taper. As for the butter tariff, I am not objecting. Mr. KincHELOE. You are talking about being here for the farmers; [ am talking about being here for the poor farmers back home who have to seil all their stuff in the world’s market, and practicall every manufactured thing they buy they must purchase In a rotec. tive market, while the beneficiaries are making millions out ye. th sweat and toil of these farmers you are supposed to represent; ot you want to tell this committee that you are opposed to the reduction of a cent off the tariff on these things already prohibitive? | Mr. Taper. I am saying plainly and emphatically that if you can not bring the farmer under the protective tariff you must oh it Mr. KincueLoe. What is the reason Congress could not do it on commodities that have got a world monopoly ¢ ! Mr. Taser. That might be necessary. The point I am trying t me ! io we have 2 condition and not a theory. VINE 10 Ir. KincueLoE. The reason I interrupted i you think to lower these tariffs would be destructive? that you suid Mr. Taser. I included a number of other things. You have got to do more than lower the tariff. Doctor Friday ‘Was talking at th Ohio Farmer’s Week a few days ago, and put on the wall the a erage price level for the last six years in the United States on manufactured commodities, on agricultural commodities, on labor, and on t x ti on: Teas stand at 235; labor at 201; manufactured "woods about, 169; pt agricultural commodities for the 5-year average a great deal The thi 0 . 3 . . . ” ha e thing rn ne to emphasize is that taxation is a factor, s to labor costs and the farmer— i our colution is not to reduce labor costs or Be labor Ee heat consumer that the American farmer has is the well- a k Shot have either got to be destructive and pull woe 1 he» NE Be cee 2 Sow wy ought to be pulled down—we J else down and somebody else down or bui as a general policy that we rill he a. i horal orice level of the things that agriculture consime vou general un aguiculture’s price level. And experience pos steno that a armer alway it i i Ri ths Our debts Ho ey ot the ti § Snel OF Bn potas vl position. We are a creditor nation. We wa ro We dame a Silt producing nation, and we want to b high oo be prety he ; Cs o be a high-tariff nation. That is a r. McSwer Ve alr. MoS EENEY. Would not this affect the allied debts in small Mr. TaBEr. i a oop Ib would nag offers the allied debts at all. produced abroad to be rl pres oh opportunity for commodities Mr. Taper. It might and St might bY Fs as is Tut benture certificates are ust th ght not. You see, these export de- dollar bills for & definite na © same as money, just the same as 20- paid last year; we provide For $146 "4 S00 1 SUB 000000 In tanif ink it would stimulate imports: it ha in debgpinres L000 Germany and Swedes, wo ports; it has not been the experience in wold Toh Lr ere this plan has been in operation. It Ss. because of the cash value of the de-

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