New Britain herald., 1926-01-06
DAWES GIVES OUT
SIR STAMPS VIEWS
Britisher Has Been Conmuni.
eating on Agricultural Problems

Chicago, Jan. 6 GPl-Viee PreSl-
dent Dawes has made public the
exchange OF ideas upon the agricul- !
tural problom OF exportahle surplus
which has been carried on for tho .
past year between Sir Josiah c.
Stamp, OF England. economist ana
member OF the first committee OF
experts, reparations commission, anu
now chairman OF the London & Mid
land railroad, and Mcssrs. George
n. Peck and Chester c, Davis, pro
ponents of certain economic prin-
ciples involved in tho agricultural
question.
This correspondence was carried
on through Vice President Dawes,
as intermediary and centers around
economic principles alone. and not
upon any specific bills which have
been introduced for agricultural re-
lief,
In discussing the agricultural
question in Chicago, President
Coolidge, while stating that The
initiative OF the farmers themselves,
with such assistance as can be given
them by the government without as
Stunning responsibility for business
management, through financing and
through the cooperative movement,
would appear TO be wise method
OF solving this problem" adds OF
course, I should be willing to APP
prove any plan that can be devised
In accordance with sound econimic
principles which may be involved il
such legislation,
The agricultural proponents state:
"While the discussion has cAntered
10 some extent around an export
corporation, it is realized by us that
possibly the principles herein up
held may find constructive and
practical Interpretation through
other legislative means" They call
attention to the fact that in the
discussion Sir Josiah Stamp, whom
Lloyd George calls the world S
greatest practical economist" makes
no mention of the shibboleth OF
price fixing"
They contend that his comm ents
may well be considered as defining
the boundary line beyond which a..
legged economic d.% ISsion OF the
question becomes al appeal to econ.
omic prejudice" They state that
"They have realized from the first
that to obtain a satisfactory step II
advance, partisan politics must no
creep into the discussion, and tina
appeals both to the prejudice Of thu
business men (by reference to price
fxing) and to the prejudice Of thu
agriculturists (by the injection o
irrelevant subjects) should b.
avoided
Sir Josiah Stamp. IN his com
ments states : That there is
considerab Bile amount Of substantial
agreement between the correspond
ents,"
The vice president states that ''hi
idea In initiating this discussion wa
TO help to eliminate politics fror
the discussion of a question pr
marily economic In its nature, an
If the consideration Of measures 70
agricultural relief assumes a politics
nature the chances Of a SCUM
economic solution for the difficultie
Of agriculture will be injured"
Neither he nor the proponents
the discussion have referred to an
specific bills for agricultural relic
the vice president pointed out, tt
object being to narrow the econom
discussion down to the essenti
economic principles which it
claimed must be tbs basis for /!
telligent legislation, giving relief 1
agriculture.
Mr.. Peek. Of Moline, Illinois,
president OF the American Counc
Of Agriculture and Mr.. Davis
grain marketing director Of Il
Illinois Agricultural association
which Sam H. Thompson, OF Quinc
Illinois, newly elected president
The American Farm Bureau Fe
Grafton, Is the head. Mr.. Thorn
son In a recent speech disclosed Il
existence OF the correspondence wi
Sir Josiah Stamp.