Agricultural relief: Agricultural relief

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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.

653 Mr. MeNnGEs. One industry; all right. The price of products we raise is also made by the products we export. Mr. WALLACE. I was making a parallel for that. " Mr. MenGEs. Therefore, we farmers and you are on the same asis. Mr. WALLACE. I wish all the farmers could see that, Mr. MENGES. You know there is some protection, in the exclusion of foreign labor by the present legislation which is supposed to give you a protective tariff on labor. Does that work out? Mr. WaLrace. Well, it works out to a certain extent. We have the surplus now as the result of our past policies. However, there is a great big surplus of labor in this country. But if we had not had the immigration law of 1924 it would be far more acute. We would have from three to ten million people crowded into this country, all of them producers, because if they could get our jobs it could only be because they would accept those jobs at less remuneration than we claim. So, we have been benefited by the immigration law. Mr. KiNncHELOE. You have really been benefited by the immigra- tion law; that is true. Mr. WarLLace. Yes. Mr. Menges. May I ask you another question? Then the added number of people that would be brought into this country, if that immigration law had not been enacted, would get such low wages that it would be impossible for them to pay prices for the products of the farm commensurate with what it costs to produce them. Mr. Warrace. That is true. Some people claim that if there were more people in this country that they would be in the industrial centers and that there would be more demand for the farmers’ products. But the fact is, the wage level would be reduced and they would buy less. Mr. Menges. I would like to ask another question. I know people whoghave not bought a new suit for four years just because they have not had the money to do it with. oo Mr. WarLace. That is tough on the tailors and the textile industry. Mr. Menges. I know those people would be inclined to purchase the products of the textile industry, providing th-y had the money. Mr. WALLACE. Sure. Mr. Menges. And I think there are in this country at least 25,000,000 who need new suits. How much would 25,000,000 suits add to your income? } i Mr. WarLace. It would help the textile industry; it would help the clothing industry; and those men who are doing without suits are doing without other knickknacks that they might consume; and altogether it is the answer, Mr. Menges, to our troubles. Mr. MencEs. And they are also doing without farm machinery for that very reason. Mr. WarLace. Exactly. i Mr. Swank. I want to ask you one question: Representing the members of your organization, as I understand it, you are appearing here this morning and indorsing this McNary-Haugen agricultural bill? . Mr. Wavrace. I am indorsing the McNary-Haugen bill because [ do not know of anything that has been proposed that will meet the surplus question like 1t would. AGRICULTURAL RELIEF

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