AGRICULTURAL RELIEF 
is all right; and I believe he is just as hon 
little bit more honest. . estas I am, and maybe a 
I want to ask you two or three questions: In the first : 
believe that if our commodity were placed under the eo You 
and our farmers in addition to suffering the discrimination we now 
suffer in carrying the load and helping maintain the price, had in 
addition to pay another burden in the equalization fee that it would 
tend to encourage or discourage our cooperatives? 
Mr. SexAvER. I think it would tend to encourage 1t, because prices 
would be at relatively higher levels than otherwise, and that always 
encourages 1t. 
Mr. CrLarkE. But the general commodities and fellows outside 
would be getting more than we. 
Mr. SexauEr. No; the relative difference between our organization 
and the other man would be the same, because, assuming he would 
have to pay the same equalization fee our members would have to 
pay, I can not see that it would change the relation between our 
members and the men outside of the organization in the least. 
Mr. CLARKE. You are in favor of farm legislation, are you not? 
Mr. SEXAUER. Yes. 
Mr. CLarke. We have read the President’s veto and the Attorney 
General's opinion as to the unconstitutionality; you are undoubtedly 
familiar with the opinions of others of our leading lawyers about the 
unconstitutionality. In the light of that, do you believe that if this 
bill is passed—just your judgment of the thing—that the President 
is going to change his position and approve this bill? 
Mr. Sexaugr. I. have not the faintest idea one way or the other. 
If he does not, I do not know that that makes a bit of difference so 
far as the principle is concerned. 
Mr. CLARKE. But as far as one thing, farm legislation is concerned, 
do you think it makes a great deal of difference? 
Mr. SExavuer. No. 
Mr. CLARKE. As to what we try to get as a set-up of machinery 
for getting started. 
Mr. SExAUER. If you do not get the thing that is right when the 
farmers are in such a depressed condition as they are now, you are 
never going to get it, because if you give them, as some one has 
expressed, a half a loaf, in the expectation that that half loaf will 
work, and they go on for three years and continue to be depresesd or 
temporarily elevated, and that half loaf fails, then you will have 
persons throughout the country saying, “There, we gave you some- 
thing that didn’t work. Now, go back and let the law of supply and 
demand regulate it.” But you do not intend to maintain that the 
Haugen bill is the only correct solution of this? 
Mr. Crarke. I maintain that the equalization fee and one or 
two other provisions are the basic things that have got to be in any 
farm relief bill to give permanent relief. 
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