Full text: Export debenture plan (Pt. 5)

AGRICULTURAL RELIEF 
359 
lowing Mr. Goss will be a farmer from Indiana, Mr. Jesse Newsom, 
a man whose family has lived upon the farm he now resides upon 
for the last 100 years. Following that will be Professor Stewart, 
who will present the economist’s view, and following that will be a 
farmer of some acres, of wide acquaintance, and some very high 
national reputation, Mr. Carl Vrooman, of Illinois. 
Mr. Fort. It Mr. Goss through? 
Mr. KercuaM. Mr. Goss is still here. 
Mr. Fort. This 1s the first time this problem has been presented, 
and I hope these gentlemen will stay around so as to be available, 
because I would like to read over both of these statements, and then 
have some questions to ask. I have not attempted to analyze the 
bills and I would like to do so in the light of what has been said. 
Mr. Kercuam. That is the idea. 
Mr. Goss. We will stay here as long as necessary, Mr. Fort. I 
myself will leave on Sunday, but there will be others here, who can, 
[ feel, present the matter from a much more scientific standpoint 
than I, because I am just a plain farmer. who looks at it from the 
farmers viewpoint. 
Mr. Fort. From the talk you gave I was not so sure you were just 
a plain farmer. 
Mr. Goss. I want to thank the committee. 
The CuamrmaNn. It has been suggested that when the committee 
adjourns on Friday we will adjourn to meet on Tuesday following. 
The committee fill now stand at recess until to-morrow morning 
at 10 o’clock. 
(Thereupon, at 11.55 o'clock p. m., the committee adjourned to 
meet to-morrow, Friday, February 10. 1928. at 10 o’clock a. m.) 
House oF REPRESENTATIVES, 
COMMITTEE ON AGRICULTURE, 
Washington, D. C., Friday, February 10, 1928. 
The committee met, pursuant to adjournment, at 10 o'clock a. m.. 
Hon. Gilbert N. Haugen (chairman) presiding. 
Present: Representatives Haugen, Purnell, Williams, Thompson, 
Ketcham, Hall, Pratt, Fort, Menges, Andresen, Clark, Hope, Hous- 
ton, Aswell, Kinchloe, Jones, Swank, and McSweeney. 
The Cmamman. The committee will be in order. Mr. Ketcham, 
are you ready to proceed ? 
Mr. Kercaam. Mr, Chairman and members of the committee, the 
committee will be in recess to-morrow, and owing to the fact that 
Professor Stewart must be back on the job by Monday, I have 
changed the order I announced at the conclusion of the hearing 
yesterday, and the first witness to-day, instead of Mr. Newson, of 
Indiana, will be Professor Charles L. Stewart, of the Department of 
Economics. University of Illinois. 
STATEMENT OF DR. CHARLES L. STEWART, URBANA. ILL. 
Mr. Stewart. Mr. Chairman, I should say that I have been a stu- 
dent of economics since I took my first course at Illinois Wesleyan 
University about 1910; that I have been on the faculty of the Uni- 
86160—28—SFR E. PT 5—5
	        
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