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

Collection:: Economics Books

AGRICULTURAL RELIEF 349 would have the power to buy and export and orderly market that commodity, give them the full benefit of the proposed plan? Mr. KiNncHELOE. Hold it for the purposes of orderly marketing ¢ Mr. Goss. I am inclined to think that if that export corporation were included in it, and it had its branches out so it could reach the little fellow in the tobacco warehouse in the State Mr. Kincheloe represents, it would do it. Mr. Jones. If it went to buying tobacco it would reflect back just as the other commodities in your bill ? Mr. Goss. If they went in your territory and went to buying tobacco, but if they went two or three counties away and began buying tobacco, and that little fellow knew nothing about it. it would not help him. Mr. Jones. He would find that out. Mr. Goss. But it probably would assist greatly in the case of to- bacco and some other crops. Mr. Jones. At least it might be of advantage to have that as a sort of club or protective whip. Mr. Goss. I think it would. Mr. Jones. It could be considered in case such a condition as you mentioned arose. Mr. Goss. I think it would. I think it is an excellent provision to go into the bill, to give that additional weapon to hold over the heads of speculators. That if they are trying to do as Mr. Kin- cheloe has pointed out, that here is a market for tobacco or any crop that they can reach. I think it is an excellent provision. Mr. MexgEs. You have no such provision in this bill? Mr. Goss. In this bill it is not incorporated. And, once more, Mr. Menges, I would say that this committee is going to have many sug- gestions. Mr. Jones has brought us an admirable one, which will make the application of this bill or any other bill presented to you more equitable than in the original bill. We have no pride of author- ship. We have no objection to adding or taking from it, where the bill will be improved. All we are trying to do is to bring the prin- ciple before your committeee. Mr. Me~ces. The statement Mr. Kincheloe made in regard to the sale of tobacco, that the trusts regulate the price, takes place right in my district. But I want to say to you, it does not take our fellows very long to find out if there is any way of getting away from that fellow who holds the market under his thumb and squeezes out every penny to be squeezed out; they will get out from under that thumb Just as soon as they can. and then are might quick to know about how to do it. Mr. Kixcreroe. You do not mean your farmers have whipped the trust? If they have, I would like to tell my growers about it. In my country, for years the practice has been for these trusts to lay off the territory, and have a gentlemanly understanding that nobody competes in each territory. I was wondering how this bill in the absence of some arm of the Government was going to help these fellows to take this crop and orderly market it; how it is going to lo them any good. Mr. Menges. I do not see that it will, Mr. Kincreroe. I do not either.

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