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:: 1831935244

URN:: urn:nbn:de:zbw-retromon-232156

Document type:: Volume

Title:: Agricultural relief

Volume count:: Pt. 8

Place of publication:: Washington

Publisher:: Gov. Pr. Off.

Year of publication:: 1928

Scope:: III S., S. 591 - 642

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Multivolume work

Structure type:: Chapter

Title:: Statement of B. F. Yoakum, New York City

Collection:: Economics Books

598 AGRICULTURAL RELIEF Therefore, on the same general idea and the same general plan that the export sugar is now under the control of an international sugar pool or association, there is no reason, when we get the wheat- producing or exporting countries educated up to a point—and they are all anxious for something to get better prices—there is no doubt in my mind but that under an organization of the wheat growers of this country, operating under a charter granted by the Federal Government, it would give them a good starting point. This, of course, is in the future. Mr. KincaELoE. They are all selling their surplus in the same market? Mr. Yoakum. They are all selling their surplus in the same market. I have the list showing where each country’s surplus goes to. I have it all tabulated, but I did not want to be too long on that. The Cuairman. Will that be incorporated in your remarks? Mr. YoakuM. Yes, sir; I will furnish it for the record. (The statement referred to and submitted by Mr. Yoakum is as follows:) EXHIBIT B.—WORLD’S EXPORTATION OF WHEAT This statement discloses the wheat-exporting countries and their annual average wheat exportation during 1922-1925, according to latest figures available. United States wheat exportation averaged 23 per cent of its pro- Bushels duction (largely to Great Britain), or. ______.__________... 187,000, 000 Canada wheat exportation (to Great Britain) averaged 74 per cent of its production, or _ emma 285, 000, 000 Argentine wheat exportation averaged 69 per cent of its production (to Germany, France, and Great Britain), or_.___._______._._.. 143, 000, 000 Australia wheat exportation averaged 66 per cent of its production to Great Britain and France), or. __._ ee... __. 84,000,000 Total exported bushels_____. eo -.__. 699,000,000 Great Britain takes all surplus wheat of the Dominion of Canada. using it to make prices from other exporting countries. Mr. Krgromam. Mr. Yoakum, before you proceed, will you just permit one question which relates directly to the things you are dis- cussing just now? Mr. Yoakum. Yes, sir. Mr. Kercuaum. A little while ago I understood you to say that, taking wheat, the total amount of money received by the farmers of the United States was approximately $7,000,000,000; that when it was sold to the ultimate consumer it was $22.000.000.000. Were those the figures you used? Mr. KincureLos. No: that is the amount received on all food products. Mr. Yoakum. Food products. Mr. Kercaam. With those amounts it would be all products, of course? Mr. Yoakum. That is 17 standard food products, and the figures are taken from the Department of Agriculture. Mr. Kercaam. I wonder if you could make the statement now, as to the relative amount that was involved in distribution and that which is involved in processing? You said it would come later on in the detailed report and Exhibit A. : Mr. YoaxuM. Yes, sir; Exhibit A shows distribution, but it does not go into the processing. The processing is another proposition.

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