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 Mr. Goss. In the first place, I did not draft the bill, Mr. Haug. The CramrMAN. I did not think you drafted it. I think you are, friend of the farmer. I do not think you would impose on them tc the extent of cutting the tariff in two. I do not believe you are in favor of making a—— Mr. Jones. Does the Chairman mean to take the position that the present tariff law is of practically no benefit to wheat? The CaairmaN. Not on the wheat—not on any commodity of which there is large exportable surplus. Mr. Jones. I am glad to see the gentleman taking the democratic position. The CuamrmaN. Yesterday we had a proposition from the gentle- man from Texas, who said cut out the tariff. They get $2 a hundred on cattle weighing 1,050 pounds, and the suggestion is to wipe it out. Mr. Jones. 1 congratulate the chairman on his democratic position. The CraairMAN. Now, we are the tariff basis, and the Tariff Com- mission found the farmers in America are entitled to 42 cents a bushel more than they were across the line. This bill proposes to give the farmer the benefit of half of it, or 21 cents instead of 42 cents as found by the Tariff Commission. Mr. Jones. That would be a good deal better than what they are getting now, according to the chairman’s position. Mr. Goss. Mr. Haugen, I would say that we have no objection to raising the rate of debenture on wheat to 42 cents if in the judgment of the committee that meets the difference in cost of production at home and abroad. We have given these figures at half, because we thought after going over the tariffs, without any scientific investiga- tion, it was approximately the correct basis. The CuarvaN. If vou will go one step further. What about eliminating this speculation? Are you in favor of that amendment? [Laughter.] I think in this bill we would have just as much of that as in any other. We are trying to do away with objectionable prac- tices by a number of people in Chicago and various other cities. If vou read the report of the Federal Trade Commission, you will find out all about it. Mr. Goss. I would not attempt to put my judgment up against the judgment of the committee as to whether it was better to incor- porate a great many things in the bill, each one of which might draw a certain amount of opposition, or whether it were better to take one thing at a time and let each bill go through on its merits. That. we feel, is a matter for the committee to decide. We want a number of things, however. We want freight reduc- tions; we want tax reforms; we want a number of things which can be done for agriculture. We have attempted to bring only one up for Joni enaiion for discussion at this time, and confine our attention 0 that, The Cmarryan. The bill eliminates the provision for the en- couragement of cooperative marketing ? Mr. Goss. We are whole-heartedly in favor of it. Whether it is Wise to incorporate it in this bill or to have two separate bills is a matter on which we certainly would defer to the judgment of the rommittee. 351

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