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

604 AGRICULTURAL RELIEF Mr. Menges. They could no longer make the cattle business pay, so they have changed from the cattle-raising business to the dairying business, and now they use these thermos-bottle cars. 1 use that name because I am not thoroughly familiar with the technical name of the car. But it is a car in which the product can be shipped 800 miles or further with one refrigeration. They use those cars and they ship milk into the Philddelphia and New York markets for less than the New Yorker of the Pennsylvanian can produce it. Now, with your proposition how would you cope with that kind of a condition? Mr. Yoakum. That is the very objective of a regulated commodity. If they were operating under a Federal charter and properly organized, all of those difficulties would be overcome, the same as we have had in every other big economic question, and they would be worked out to the general good and interest of the farmer. You can not specif- ically work out those plans until you come in contact with them through a board that is authorized to control the situation and that would naturally go to each one of these great producing places or districts, and take up these questions and work them out on the same general principle that the Interstate Commerce Commission has worked out its many problems in the last 30 years. This is not a very likely proposition. Mr, MENGES. 1 believe in cooperation. I am heartily in favor of it. But that thing came under my observation only recently, and 1 was wondering whether you could tell those West Virginians, “You quit producing milk and let Pennsylvania and New York farmers do that and charge the consumer more?” This question was not answered. Mr. Aswern. How is the price of steel handled? Mr. Yoakum. I have gone into that some. Mr. AsweLL. It is the same process? | Mr. Yoakum. If the Pennsylvania or the Baltimore & Ohio or any other railroad wanted to buy a hundred thousand tons of steel rail they would all get the same price. It is standardized prices; it is fixed prices; and that is what we want in agriculture. I do not want to take up your time, but it might be well for the committee to know that this is not a new subject to me, Mr. Chair- man, and it may not take me but a half minute. In 1910 I wrote an article published by the Saturday Evening Post, and this is one of the paragraphs [reading]: It is not the amount of potatoes, cabbages, onions, grain, dairy products, or other foodstuffs in a community of farmer producers that fatten their bank accounts. It is the price for which they can sell them. Now, that will always hold good. In that same connection, in 1911, 17 years ago, I made a talk before the Agricultural College of Lincoln, at Lincoln, Nebr., in which I said [reading]: The growth of the organization of farmers will be the next important step in the development of the country. We will then have commercialized farming. That is just what we are trying to get, commercialized farming. That is what we want. In an address before the convention of the southwestern growers, at Dallas, Tex., October, 1912, I also said: _ The broad and comprehensive principles of the National Producers’ Associa- tion should not be misunderstood. Its basic principle should be to formulate

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