346 
AGRICULTURAL RELIEF 
Myr. Goss. Because you can get the debenture and your debenture is 
good for cash. 
> Mr. Kincueroe. You do not get the debenture without exporting. 
Mr. Goss. No. 
Mr. KincueLoE. Would not everybody be wanting debentures and 
running 600,000,000 bushels out of the country? 
Mr. Goss. If they run 600,000,000 bushels out of the country they 
would get about $5 a bushel on what is left in 1t. oo | 
Mr. KiNcHELOE. But, there would be importations coming In and 
paying that 42 cents from other countries of the world. We have a 
world surplus. 
Mr. Goss. The tariff protects us against importations to the extent 
of 42 cents. That is the reason the board 1s not allowed to go above 
42 cents. 
Mr. KincueroE. Then, if it does—that is what I am talking about, 
and I am asking something as an economic proposition: The farmer 
does not get the benefit of the 42 cents a bushel by reason of the 42 
cents a bushel tariff on wheat, does he? 
Mr. Goss. No; not the full 42 cents; not to-day. 
My. Krwcmpoe. If it will not work on that, what legerdemain 
is there about this debenture proposition that is going to give the 
farmer a world’s price plus the amount of debenture—I do not get 
that—if the tariff does not work. 
Mr. Goss. The tariff does not work now. But if the farmer were 
able to get 42 cents a bushel over the world market immediately, the 
tariff would begin to work and would keep Canadian wheat from 
coming into America. Does not that answer your question? 
Mr. KixcaeLoE. Not mine. The only way of getting that 42 cents 
is to export it. How are you going to get that 42 cents debenture? 
ah only way to get that debenture is you have to export it out of 
the country. 
‘Mr. Goss. The only way to get the debenture is to export it out of 
the country, but you can get the price of $1.42. 
Mr. KincuELoE. Your idea about that is that when it is sold it is 
ooing to reflect back and the price will be the same at home? 
Mr. Goss. It absolutely will. 
Mr. KincueLok. I was just wondering how it would do it. 
Mr. Goss. I want to see if I can not explain that to you, Mr. 
KK incheloe. ou know as a wheat raiser that vou can get vour $1.42 
if you export it. 
Mr. Kincurroe. If T pay the freight and there is any market to 
send it over there to. and get the $1.42 by reason of going to the 
customhouse and getting 42 cents, I see that. TT 
Mr. Goss. Every exporter of wheat in America knows he can get 
S142 hen he exports it, and why should anybody sell for less when 
t now they can get $1.42 by selling to the exporter ¢ 
r. KiNcurLoE. If you export all there is in the country, there 
would not be any left. They would all run to get the 42 cents. I 
was wondering how strong you were on that reflection proposition 
and how much it was really going to reflect. ’ 
Mr. IForaer. Under this bill v r ; , ? 
Mir Goss. That 1s ot. is bill you propose to put 2 cents on cotton? 
Mr. Frommer. What would ha i 
i ] ppen in case we had a cotton cro 
like we had in 1926. when we had 18.000.000 bales and the price. be