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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Document type:: Multivolume work

Structure type:: Chapter

Title:: Statement of hon. Butler Hare, representative in Congress from the State of South Carolina

Collection:: Economics Books

818 AGRICULTURAL RELIEF with the Federal-reserve banks, the intermediate credit banks, or any other available source for financing the holding of the entire surplus of that crop until it can be fed into the market without loss to the producer or the Government, the difference between the amount advanced and that received, less the cost for storage, handling, etc., to be returned through the association to the producer. The board is permitted to advance the market price of the crop prevailing at the time it is removed from the channels of trade. The bill does not provide for any tax, fee, or charge of any kind against the producer. ‘ in short, the purpose of the bill is to provide a connecting link between the existing financial agencies of the Government and the warehousing systems of the Federal and State Governments whereby the farmer himself will, through his farm organizations or cooperative associations, be able to control the surplus of a nonperishable crop and market the remainder in a systematic and orderly manner. It is not subject to the criticism that it is an effort on the part of the Government to fix prices, because it makes no reference whatever to prices, and it does not set up cumbersome and unlimited governmental agencies to be sup- ported and maintained at the expense of the producer, but attempts to utilize existing governmental agencies so as to enable farmers themselves to handle and control their surplus crops. Probably the most significant feature of the bill is that provision which attempts to regulate acreages, for, in my opinion, no surplus control legislation will be effec- tive that does not regulate the acreage and thereby, to some extent, control production. In other words, if you remove the surplus and stimulate prices increased acreage and probable increased production will certainly follow, and any surplus control legislation that does not provide in some way for the control or regulation of acreages will in the end prove to be expensive and useless. Iknow that production in any one year is not determined solely by acreage, but increased acreage over a period of years, other things being equal, will mean an increased production and possibly an increased surplus. The provision of the bill which attempts to take care of this feature of the surplus control problem is as follows: “That no advance or advances under the provisions of this act shall be made to any person, organization or association whatsoever when the ensuing produc- tion of such crop or commodity shows an increase in planting or breeding according to the estimates of the United States Department of Agriculture over and above the five-year average immediately prior thereto.” I have no disposition whatever to offer criticisms of other plans for handling the surplus of our various agricultural crops, and I am not disposed to be particu- larly critical of some other proposed legislation with this end in view, but I do want to emphasize the fact that this bill has a peculiar advantage over other bills in that instead of setting up new bureaus or governmental agencies it por- poses to utilize and link together three great outstanding governmental agencies already in existence, and have them perform the same functions as the proposed new agencies provided for in a number of these other bills. In other words, in this bill, we take the Federal reserve banks and the intermediate credit banks and finance the business; then we use the Federal warehouse system and the State warehouse systems for storing the surplus; and then ‘we use the Cooperative Marketing Division, provided for in the Department of Agriculture two years ago, at the initial cost of $225,000 per annum, for perfecting cooperative arrange- ments among producers, and link them all together under the operations of this bill to take care of the surplus and control production. } } The principle involved is politically sound because it is in keeping with out- standing existing legislative policies of our Government. It iseconomically sound because it is the embodiment of cooperation in that it provides for the united and combined effort of the Government’s financing agency, its warehousing sys- tem, and its marketing system, all cooperating with the united effort of the pro- ducers of any particular nonperishable farm crop in controlling production thereof, taking care of the surplus, and marketing the remainder in an orderly manner. Mr. FuLmer. I would like to say to the committee that this bill is worthy of their serious consideration, because I have worked along with the gentleman of South Carolina and I know he has got a number of good ideas in the bill. Mr. Hare. I want to say I appreciate the support that has been given by Mr. Fulmer in the preparation of this bill, because he has been very helpful.

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