Deutsche Geschichte: Neuere Zeit

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Multivolume work

Identifikator:: 1892063557

Document type:: Multivolume work

Author:: Lamprecht, Karl http://d-nb.info/gnd/118569015

Title:: Deutsche Geschichte

Place of publication:: Berlin

Publisher:: Gaertner

Year of publication:: 1891-

Collection:: Economics Books

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Volume

Identifikator:: 1892067188

URN:: urn:nbn:de:zbw-retromon-236614

Document type:: Volume

Author:: Lamprecht, Karl http://d-nb.info/gnd/118569015

Title:: Neuere Zeit

Volume count:: Abt. 2

Place of publication:: Freiburg im Breisgau

Publisher:: Heyfelder

Year of publication:: 1904

Scope:: XVI, 482 S.

Digitisation:: 2022

Collection:: Economics Books

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Chapter

Document type:: Multivolume work

Structure type:: Chapter

Title:: Siebzehntes Buch

Collection:: Economics Books

472 AGRICULTURAL RELIEF Mr. CaVERNO. Yes, sir. Mr. Harr. But then when you reach the point where you do not have any more money, what would it do then? Mr. Wireiams. It would probably be all right for two years. Mr. AsweLL. By that time the elections will be over and you fellows will know whether the bill will work or not. Mr. Fort. Why do you not say, if the conventions were over with? Mr. AsweLL. I am not through with this. I want to ask you another question. I have not read it from any notes I made, but [ am reading it just as you dictated it to the shorthand reporter. There is scme doubt about your understanding of my bill. 1 do not intend to pass my bill. I am trying to trim down the Haugen bill to meet my ideas. If I had sufficient votes, I would not think of taking the bill away from Mr. Haugen, because 1t would kill him. The CraIRMAN. You need not be concerned about looking after this bill at all. [Laughter.] Mr. AsweLL. There were several questions asked. You made several extravagant statements, but you made an honest to God statement at one time. But some of these gentlemen began to ques- tion you about it. Mr. Williams wanted to know something about it, and you repeated it would work with the insurance plan added, and then Mr. Kincheloe wanted to know how long it would work, and you said, “The doctor is right” [referring to me], Mr. Kincheloe. “He and I can make money out of this bill but we are going to skin the little fellow.” And I want you to explain how about skinning the little fellow. Mr. CaviErNo. May I explain that? Mr. AsweLL. I can not let that go unchallenged. Mr. Caverno. I will accept your challenge and: try to explain it. I would like to begin where I left off and say a few more words in regard to the wheat marketing problem. Mr. AswiLL. Let us see how my bill would skin the little fellow before we start any more testimony on this committee. You evi- dently do not get the point of the bill. If the board were to find that the price of cotton to be, say, 17 cents a pound before the season begins, and the board would announce, “We will buy a million bales of cotton at 20 cents a pound,” do you think the price would rise to 20 cents then immediately—the world price—say a million or five million out of the number of bales you wanted to buy at 3 cents a pound higher, do you think cotton would go up? Mr. CavErNo. Somewhat; yes. Mr. AsweLL. Would not that help the little fellow? Mr. CavERNO. Yes, sir. Mr. AsweLL. How would it skin the little fellow? Mr. Caverno. Suppose they set the price so high that they had cotton left on their hands. What would happen then? Mr. AsweLL. The little fellow would get the same high prices. Mr. Caverno. All right. What happens to your system if they keep buying above the market price? Mr. Aswern. When it gets above the board will sell and stabilize the price. I will not let 1t go into the record that my bill will skin the Tile fellow. You are thinking about the Chicago Grain Corpo- . Mr. Caverno. I am not thinking in marketing terms; I am think- ng in terms of actual facts.

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