214 
AGRICULTURAL RELIEF 
But we know the grades that will be left on our hands, and 10 cents 
a pound will be a fair price for it. The board will advance $5,000,000 
E . ) ) ’ 
and we would settle prompily with our members. That would 
leave us owing the board $5,000,000. But they have collected 
$2,500,00C in equalization fees. So we could sell that 50,000,000 
gp at 3 cents a pound and break even with the board and pay 
off all our debts. 
Now, then, what would be the sensible thing to do with that 
50,000,000 pounds? There are 67 foreign countries purchasing dark 
tobacco. Some only purchase small quantities. The sensible thing 
would be to go to those countries which use very little and encourage 
them to use more. I think that surplus tobacco should be sold for 
whatever it is legitimately worth, but I am saying it can be sold for 
5 cents a pound and break even. 
Mr. AsweLr. What would you suppose those foreign countries 
would do about that—put up the tariff against us? 
Mr. Moran. The foreign importers have already worked on us 
every way they know how in tobacco growing. 
Mr. AsweLL. Suppose the buyers do pay that 1 cent a pound. As 
a matter of act, practically, would not the producers pay it in the 
Mr. Moraan. The producers will pay the 1 cent a pound equali- 
zation fee; yes, sir. 
Mr. ANprESEN. How would they pay? 
Mr. Moran. The buyers will take it out of the price they pay. 
Mr. AnprESEN. Deducted from the price of 10 cents. and just 
pay them 9 cents a pound? | 
Mr. MORGAN. Yes, sir. 
r. ANDRESEN. And, the producer would not i 
Mr. Morcan. The producer would pay it; yes oy Pe Frat 
under this plan you will find we can increase our market. We have 
learned that. We are already doing business with 15 foreign coun- 
tries, building up the business in the last two years, and when we 
found the buyers were not buying from us readily we put out men 
in foreign countries, and we are doing business direct from Hopkins- 
ville ky, with 15 foreign countries, selling them tobacco. b 
o> r. ASWELL. Do those foreign countries which you are supplying 
nv tobacco from any other sources except th ] : 
Nin NM om. 2 xcept the United States? 
ORGAN. Yes, they buy from all over the world 
Mr. AswerLL. What would those other sell "ab 
selling at 5 cents a pound? sellers say about your 
Mr. Moran. I think it ; ; 
country using our oben A iad 2 foal ing to go into the 
talking about going into countries who are n busing Ba 
Mr ASWELL Thom hag ies WOT ot using our tobacco. 
from other countries ing your tobacco. do they buy 
Mr. MorGaN. Some of them 
Mr. AsweLL. What do thos 
Qumplng tobuoan? o those other countries say about your 
Mr. Moreax. N 
Yon on atl obo knows anything about the price of tobacco. 
fancy to-—v a grade of tobacco a man takes a particular 
you can get twice wh : sg Tk 
Tobacco is absolutely a f what you really think it is worth. 
zrade of tobacco: it is purely cad Ne Quoiusien Bs reliable on any