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.

AGRICULTURAL RELIEF 647 Mr. AsweLL. The only man who has mentioned politi this table is my friend, Ketcham. politics around Mr. Fort. Nobody has mentioned it, but you talked about it. Mr. KercHAM. Let me put in one question. Mr. KincHELOE. If it is pinching you too hard, go ahead; yes. It vill, perhaps, give you relief. ’ Mr. Warrace. Mr. Ketcham, let me sav that I am going to stick to the economic question; I am not in politics. Mr. Kercaanm. I am not going to ask political questions. You made a statement that at the present time vou thought that 40 per rent of the potential labor power was idle? Mr. Warvace. I think it is. Mr. Kercaam. Will you please tell us when conditions are normal what is the percentage of potential power that is employed? Mr. Warrace. I will sav 80 per cent; it does not run over 80 per cent. Mr. KETcHAM. Mr. WarvLace., Mr. Kercuam. Will you please tell the committee also in that connection how the seasonal situations develop from one year to the other, having in mind this particular season, and possibly the idea that this is a four-year presidential period. Mr. AsweLL. Leave out about the presidential year. Mr. Warrace. I would say that it makes but very little difference. Some men are employed in the winter for instance in the mining industry. The mining industry is supposed to be fully employed in winter because people need fire. You know the condition of the miners; I do not have to explain that to vou; 250,000 miners are out of employment. We would not care a thing for that, if there were 250,000 other places open to them. But as a matter of fact what is true of the miners is true to-day of the building trades. It is true of the textile trades; it is true of the metal trades. They are the basic industries. It is likewise true of the automobile industry, a new industry; it is true of the radio industry, a brand-new industry. Mr. Kercuam. To what extent do you think improvements in machinery and increased efficiency and the like of that makes con- tribution to the increased unemployment? Mr. WaLrack. I ascribe it practically all to that, with this addi- tion, that the miners’ wages have not been raised commensurate with their added per capita productiveness. Mr. Kercuam. Their index is 228 now. Mr. WaLLace. In productiveness? Mr. KErcHaM. No; 228 in their wage level. oo Mr. WaLtace. Oh, we have not found it so. I will tell you, it 1s like comparing a flour’ with pepper. They say there 1s twice as much flour because there is only four times as much pepper, hence it 1s three times as much. It is too much pepper, vou know. Mr. Krrcnam. Compare those in contrast with agriculture, for instance; for instance labor is 228 and agriculture 127. Mr. WarLace. That is too much of a difference, I will admit that. Mr. Kincueroe. If Mr. Ketcham is through now, I will proceed 2 little further. I am not talking about politics, either. You are talkine about economics. are vou not?

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