Agricultural relief: Agricultural relief

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:: 1831935066

URN:: urn:nbn:de:zbw-retromon-232142

Document type:: Volume

Title:: Agricultural relief

Volume count:: Pt. 7

Place of publication:: Washington

Publisher:: Gov. Pr. Off.

Year of publication:: 1928

Scope:: III S., S. 521 - 590

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

AGRICULTURAL RELIEF fnaher thing to attempt to stimulate that price above an economic evel. . Mr. KincueELOE. I agree with you, but if you could keep from over- production, do you not think that the stabilization of prices will more or less take care of itself? Mr. AnpErsoN. I do not think you can do it. Mr. Kincuerok. Do not misunderstand me that I mean to curtail the production so there will not be a surplus in this country— and I think it would be a crime not to raise a surplus in this country— I agree with you on that proposition—but I am just wondering, knowing now that we not only raise a surplus of all these basic products, but I know that it is absolutely economically sound that when you stimulate price you are bound to stimulate production, unless you have some way to keep from it, and I was just wondering what your idea was;about how to keep it down? Mr. ANDERSON. My idea is not to stimulate the price; my idea is to regulate the volume and flow of the commodity so as to stabilize the rice. b Mr. KincHELOE. Do you think it would increase the price to the farmer if that could be done? Mr. AxpersoN. On the average, yes. Mr. Kercaam. Right at that point. You are speaking of the bill we have under consideration. Taking the stabilization features of the so-called cooperative set-up and the board and the like of that, does that meet with your approval—I mean the general ideas? Mr. ANDERSON. I am not in a position to give blanket approval to anything. I have told you how far I thought it ought to go, and what I thought the basic pringiples involved were. Now, the ques- tion of whether this bill carries out those basic ideas and contains the necessary safeguards to prevent some other idea from being the animating principle of the board and the organizations created by it, could only be determined by a careful study of the bill in final form and I do not think, if you ask me directly the question, that simply to eliminate from this bill the equalization-fee principle, the equaliza- tion-fee scheme, would leave the bill with sufficient safeguards or sufficient declaration of policy to insure the board’s functioning, as I think, expressing my personal opinion, it should function. Mr. Kercaam. Further, in that connection: But you do believe that there is a field there where legislation can be of assistance in the solution of this problem? ~ Mr. Axperson. I have said so, and I repeat that I think that 1s true. Mr. Kercuaum. Just a minute. One further question. A little time ago in your direct statement you made reference to the ma- chinery that would be necessarily set up if the bill that we now have under consideration becomes a law. Have you gone into that matter in some length so that you would be prepared to make a statement as to your judgment as to the extent of the new machinery, so far as personnel is concerned, that would be required under the terms of the bil.? Mr. Axperson. I would like to give a direct answer to that ques- tion. I deal more or less constantly with the statistical figures that are available with respect to agricultural production and marketing so far as thev relate to wheat and in part as they relate to other 530

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