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 347 cause of having a surplus, was depressed down to about 10 or 11 cents? Under your bill you would simply add 2 cents to that price? Mr. Goss. That and nothing more. Mr. Foumer. And there would not be anything in your bill to take care of the surplus or to bring about a fair price? Mr. Goss. I explained before you came in, Mr. Fulmer, that we are in hearty sympathy with that method of orderly marketing which has been mcorporated in a number of bills which have come before you. We have had bills ourselves. But we have felt that there were two distinct principles, and we have not put them both into the same bill. We believe that cotton can be served well by some system of orderly marketing just as you have pointed out, here. Mr. Former. In other words, if you simply add 2 cents to the 11- cent price you would still be perhaps 5 cents a pound under cost of production of the cotton? Mr. Goss. That is correct. This bill does not aim in any way to establish orderly marketing. If in the judgment of the committee it seems wise to provide those conditions under the same bill, it is en- tirely acceptable to us. We have felt there were two subjects which should be in two different bills, and it was not my purpose to discuss that question here further than to say that we are in hearty sym- pathy and in accord with the principles of orderly marketing which are in a number of bills which have been presented. Mr. Forumer. I say, unless there is something to take care of the surplus so as to bring about orderly marketing and a fair price, it would not help the cotton situation very much. Mr. KincueLoe. You have your debenture here on tobacco at 10 cents ad valorem? Mr. Goss. Ten cents ad valorem. Mr. Kixcueroe. The tariff on tobacco is at different rates on difter- ent kinds of tobacco. I was just wondering why vou just put it flatly on 10 per cent ad valorem? Mr. Goss. The reason for that, Mr. Kincheloe, was this: Some of the tariff rates on tobacco are so high that if it were put on the per pound basis it would result in exporting some of the lower grades and the collection of debenture on those grades of a value more than the value of the tobacco. So we have put it entirely on an ad valorem basis; and it might be well if in the judgment of your committee they thought so, to establish an ad valorem price on evervthing for the purpose of simplicity. Mr. KincHELOE. 1 think if it ever becomes a law vou would have to divide this tobacco up specifically in some language. 1 think it pught to be amended. Mr. Goss. That is probably true: but those are details that would have to have the consideration of your committee in the utmost detail in the question of tobacco. It is the main principle that we are try- ing to bring before you; and we have written the rates in the bill, which, we feel. without adequate investigation, are nearest to the fair rates. Mr. KincHELOE. I think it would work out less on tobacco than any other commodity, do you not? Mr. Goss. You mean there would be more difficulties in the way of tobacco 2

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