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 Albert S. Goss, Master Washington State grange and member Executive Committee, national grange, Seattle, Wash.

Collection:: Economics Books

AGRICULTURAL RELIEF 341 The CuamrMAN. Do you contend that the bill before us would give the farmer the benefit of the tariff ¢ Mr. Goss. Yes; we do. oo The CrairmaN. The tariff is 42 cents and you give 21 cents under the bill. Mr. Goss. We give the benefit of the tariff from this standpoint, that if the tariff is soundly established under the flexible provisions of our tariff act, it is based on the difference in cost of production between home and abroad. Those are the instructions which are given to the Tariff Commission by the Fordney-McCumber bill, to establish the tariff at a point to meet the difference in the cost of production between home and abroad. Taking up the cost of pro- duction, our bill establishes 50 per cent of the tariff as a point from which to begin operation, and if the tariff board actually established the tariff on the basis ordered in the tariff act, it would be established at the same point as the export debenture rate would be established by the board, for both rates would aim to meet the same conditions— the difference in cost of production between home and abroad. The CmamrmaN. Twentv-one cents on wheat. How much on cattle ? Mr. Goss. We have two different classifications on cattle. The Cmamrman. On cattle it is 1 cent and you give them two- thirds of that. Do you believe that the tariff is too high? Why do you cut the tariff in two? Are you people in favor of the tariff? Mr. Goss. We are in favor of the tariff. The CrairmaN. The existing tariff ¢ Mr. Goss. We are in favor of the existing tariff except that we do not know that the rates of the existing tariff are sound. The existing tariff rate on wheat is supposed to be the difference in the cost of production between home and abroad. We know that the Tariff Commission is away behind with their investigations. The CramMman. That is the finding of the Tariff Commission Mr. Goss. That is the finding of the Tariff Commission—42 cents. The CuairmaN. That would be 42 cents a bushel. Now, you pro- pose to cut it in two, do you not ? Mr. Goss. If the tariff rate of 42 cents a bushel is the actual difference in cost of production between home and abroad the rate of export debenture should be set at 42 cents a bushel. We have given to a special board the power to make those investigations, because we have felt this, that the tariff on wheat. for example, has not been operative in the fullest extent. The CuarrmMAN. Are you getting the benefit of the tariff on wheat? Mr. Goss. Very little. The CHAIRMAN. Are you getting any? Mr. Goss. I should say that there is probably some benefit coming from the tariff on wheat. The CaamrMaN. Ten cents a bushel above? Where does the tariff come In? Are the producers getting no benefits from the tariff ? Mr. Goss. Very, very small benefits. The Carman. They are entitled to 42 cents and you propose to rive them 21 cents? ~ Mr. Goss. We proposed to set up a board to give them 42 cents if that is found to be the difference in cost of production, but we have named 21 cents as a place to start in.

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