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:: 1831935406

URN:: urn:nbn:de:zbw-retromon-232218

Document type:: Volume

Title:: Agricultural relief

Volume count:: Pt. 9

Place of publication:: Washington

Publisher:: Gov. Pr. Off.

Year of publication:: 1928

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

Digitisation:: 2022

Collection:: Economics Books

Usage license:: Get license information via the feedback formular.

646 AGRICULTURAL RELIEF © Mr. Warrace. Oh, well, you know the old saying, “The fish monger is not going to cry out stinking fish.” Mr. FuLmer. Have you any figures, Mr. Wallace, to show the unemployment in these various centers? Mr. WaLLace. We have some figures, but my estimate is based upon personal observation. I was in Detroit last summer; I was in New York: I was in Chicago; and I was in many other industrial centers in the country. Especially is this true in Detroit, that for every man who was working you would find one man sitting on the street, last summer. There might be a little amelioration since the Ford plant started, but not much. For every man Ford has em- ployed I will undertake to say that two men rushed to Detroit. Mr. Apxins. How does this year compare with all vears at this season of the year? Mr. WALLACE. It was last summer I was there, Mr. Adkins. Mr. Apxkins. I say, how do various vears at this season compare with other years? Mr. WaLrace. It is now far worse. Mr. AsweLL. Worse than it has ever been? Mr. Warnace. I will not say that, but comparable to 1920. Mr. Fort. To another presidential year? Mr. Warrace. I do not know that the fact that we have to elect a President has much to do with it. The fact of the matter is, Mr. Fort, that in industry the per capita productiveness of the individual has risen faster than his consumptive power. Mr. ANDRESEN. The same thing is true of the farmer? Mr. Warnace. Oh, yes; but what shall we do? The question is, Shall we send our surplus products abroad, and then send another billion dollars after our products so it may be bought back; or shall we use some of this consumptive potentiality from abroad here in this country? | Mr. AsweLL. What are we going to do about that—the 40 per cent idle? That is what I am thinking about. What do vou propose to do about it? Mr. WarLace. The only answer is, Mr. Aswell—because we have made that answer we are treated as criminals—we say raise wages, raise the remuneration of the farmers, and then we will have pros- perity in this country, because if we are able to produce more then we should consume more; and that is absolutely necessary, if we are to run on 6 or 8 cylinders, or whatever you might call it, in this country, instead of running on 3 cylinders. Mr. KincueLoe. If you curtail the consuming power of 30,000,000 people who live on the farms in this country, of course, that 1s going to affect the industries, is it not? Mr. Warrace. Absolutely, yes; and that is why we are here, unless we see it and the other fellows do not seem to see it. They seem to think ‘‘the less these people have the more we will have.” It does not work out that way. Mr. KiNcEELOE. From your observations, there is not much “full dinner pail” around in this country under this administration? Mr. Kercaam. You get the slant of these gentlemen, of course. They are bound to put a political complexion on things. Mr. KincuELOoE. No; I am not. The witness is giving the eco- nomical situation.

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