Object: Export debenture plan (Pt. 5)

AGRICULTURAL RELIEF 
121 
Mr. Joxes. Including the machinery for carrying out the policy—— 
Mr. Taper. I want to say, sir, if it will give the slightest bit of 
strength to change the chairman’s declaration of policy for ours, and 
it means the same thing, we have no pride of authorship. 
The CmarrmaN. Are you for those very things? If you are for 
them, I would like to know. And why you left them out. I pre- 
sume there is some reason for that ? 
Mr. Taser. The reason is we could not include all that is good in 
our policy. 
The CHARMAN, It is the all-important part, and there is where we 
have our trouble over that one thing. It will interfere with the op- 
erations of some gentlemen in certain cities in certain parts of the 
country; and I think if the provisions referred to were eliminated 
from my bill we would have no trouble about the equalization fee. But 
those two little sentences have made us all the trouble; and, to be 
perfectly frank, the question is: Shall the farmers control the market- 
ing of agricultural commodities? Shall they market them in the way 
that will give them the benefits of laws already established? You 
propose to give them a subsidy. The farmers say, “ No; we will pay 
our own bills and make money by doing so.” Are you for the elimi- 
nation of speculation and waste ? 
Mr. Taser. We are for the elimination of speculation and waste 
whenever the machinery can be provided to do it. 
The Cuairman. Oh, well. we have the machinery. We set it up. 
Mr. Taser. I doubt, Mr. Chairman, that your machinery will do it. 
The Cuamryrax. The machinery is there. It is just a question, 
are you for or against speculation and waste? If you are not for it 
I assume you are against it. You understand the language in the 
bill—the language in your own bill. 
Mr. Taper. I understand the bill, and we submit again we will 
be delighted to have the chairman rewrite the declaration of the 
policy of Congress if he can state it move clearly than we have in our 
bill. 
The Crmarrmax. It is just a question of what the policy shall be. 
We can write it after we determine what the policy shall be. 
Mr. Taper. Our program, as we have indicated over and over 
again, is without the equalization fee. 
The Crarman. Is it your policy that the speculation and the 
waste shall go on or shall it be eliminated ? 
Mr. Taser. Our policy in this bill is not to cure all the ills of 
agriculiure, but to cure the ill of price inequality bv the export 
debenture rather than by an excise tax. 
The CmamrMaN. Are we agreed now to the alleced economic de- 
pression in agriculture? 
Mr. Taser. We are. 
The Crarmax. Now, then, are you for full farm relief or just 
part relief; to give them a little money by taking the money out 
of the Treasury before it is put in the Treasury in payment of 
the proposed subsidy? 
Mr. TaBer. We are for the most certain relief known. 
The Cuairman. Let us analyze the two bills. We will assume 
the wheat sold to be 800,000,000 bushels. Under your plan for the 
200,000,000 exported the farmers should receive $42.000.000. at the 
expense of the Government
	        
Waiting...

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