Agricultural relief: Agricultural relief

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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

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AGRICULTURAL RELIEF Mr. M exces. Doctor Aswell, I did not make such a statement. Dour: ANDERSON. I do not know: he would have to determine that. octor. Mr. ANDRESEN. On this question of constitutionality, whichever side you might take or somebody else might take, it would only be a matter of opinion anyway, would it not? Mr. Anperson. I think it is a matter of opinion and of conscience. Mr. FuvLmer. Mr. Anderson, just one question right there: Do you contend that this agency under this farm board which is sup- posed to fix fair prices on farm commodities under the Federal Farm Board would be any more of a price fixing agency under the Gov- ernment than the Interstate Commerce Commission which fix prices for the railroads? Mr. AxpersoN. That goes much further, because, of course, the railroad is a quasl public institution and the commission not only fixes the prices but also fixes the services that are to be rendered for those prices. The President objected to the bill on the ground that the bill prohibited unreasonable discriminations between cooperatives with whom contracts might be made, but did not contain any provision prohibiting unreasonable discriminations between other agencies. My understanding is that under the pending bill that objection has been met. The President objected to what he thought was a very cumber- some and unworkable method of putting the power of the board in operation. - That objection has to a very considerable extent been met, If not completely met. The President objected to an unconstitutional limitation upon his power of appointment, which the bill in the last Congress carried; and this objection is apparently met by the pending bill. The President objected to the insurance proposal as it was written in the bill of the last Congress. I understand the pending bill contains no such provision. I could discuss the insurance proposition to some length. I have worked out some figures on it with respect to its operation in wheat. Now, knowing what the possible or probable attitude of the com- mittee will be on that subject, I will not take your time to do it. Mr. FuLmer. Would you mind putting your figures in the record? Mr. AxpersoNn. I would be very glad to put them in the reeord, if I can make an explanation of them along with it. My impression 1s—I can give it very briefly: First of all the percentage of fluctua- tions in the price of wheat are rather larger than they are in cotton, they are, as my recollection goes, in some 28 years from 7 to 9 years during which the price, in the last eight months of the year, has been lower than it was during the first four months of the year. But there have been very few years in which the price during some months in the year was not lower. All of which goes to show that so far as wheat is concerned the insurance provision probably is not workable, and that if it were workable it probably would be of very little advantage. Now, Mr. Chairman, it is just about 12 o’clock, and I have finished at least, in a brief, general way. } (The data on insurance and accompanying statement submitted nv Mr. Anderson are as follows?) 579

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