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

AGRICULTURAL RELIEF 605 and put into operation a syste i istributi field such a way that they will i eo Bir ering Vie protyis of fin tion will permit. L just called attention to that to show you gentlemen.that for a long, long time I have made a study of the subject. I was talking then just as I am talking now, for the reason that anyone who has studied it as I did could see what was coming—the great breakdown of agricultural interests, the hundreds of thousands of farms that have been foreclosed—and all this, of course, could have been avoided if we had had what I was appealing for and urging 17 years ago. Now we have gotten to a point where something is actually neces- sary, some action. What can that be? It does not make any dif- ference what legislation is enacted; it does not make any difference what action is taken; eventually and finally this proposition will pre- vail. This will be the final solution of agriculture, to meet the de- mand, placing it on as solid a basis as financial interests and manu- facturing. It has got to come, and it has got to come in this way: [t has got to come under a control. Mr. Apkins. If I get your idea correctly, speaking of organization, this country has got all sorts of commodity organizations. Mr. Yoakum. I know it has. Mr. Apkins. And every other sort of organization. Mr. Yoakum. I know it has. Mr. Apkins. If I got your idea correctly, it is to have some enabling legislation so that these various organizations may be amalgamated. Mr. Yoakum. That is it; you have covered the whole thing. Mr. Apkins. To get Mr. Yoakum’s record straight, he refers and puts in a quotation of America’s wheat associations? Mr. Yoakum. Yes. Mr. Apkins. The overhead being from 14 tn 20 cents? Mr. Yoakum. Yes, sir. Mr. Apkins. But he goes on and says the local cooperatives are 14 to 46. Mr. Yoakum. They have still got another to contend with. Mr. Apkins. The point I want to make is this: He refers to the wheat pool in Indiana. We have a number of them in the North- west. Canada has one. Your theory is that you must have a Government agency to sort of amalgamate them into one organiza- tion? Mr. Yoakum. No. .You are getting it wrong—not a Government agency, but a farmers’ agency under Federal authority and operated under Federal charter. Mr. Apkins. Do you know of all these agencies, the wheat pool in Indiana, of which I know a good many men who belong, and the wheat pool of the Northwest—do you know of any reason why under the present law that they can not amalgamate and operate now? Mr. Yoakum. Yes, sir; they are absolutely unorganized in a aational way. a Mr. Apkins. Yes; I say they have authority of law to orgamze 1 they want to? This pterstate proposition Mr. AKUM, s 1s an interstate p . Mr Amari Answer my question. Under the law they could preanize?

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