Evening star. [volume] (Washington, D.C.) 1854-1972, 1926-06-13
SEES RUIN TO FARMERS
In PRICE-FXINC PLAN
Senator Fess Declares McNary-Haugen
Project, Now Before Senate, Is
Merely "Political Bunk

reasonable price. This is price-tiX
| itself.
Fourth. 1t is complete guarantee
of profits to every miller. packer and
dealer without any regulation or re-
straint. because any one of these
packers. millers or dealers who have
a contract to export can fix any
profits he likes on domestic dealings
and then heave any left-overs onto the
Government loss account. Even with
| out a contract every one of these
agencies which has a surplus in hand
can force the Government agencies
to buy and export it. Otherwise if
| he dumps in the domestic market he
will break the domestic price.
Fifth. 1t will ruin American ami
NAL industry because 1t Is proposed
to sell feed abroad al less prices than
at home. Any swine grower or dairy
man in Canada or Denmark will be
given corn and mill feed at less
prices than the American swine grow
er and dairyman-the loss in selling
to him to be paid by a tax on the
American farmer or consumer. This
| means that the equalization fee" on
hogs will need be increased in order
to make good larger and larger def
icits.
Sixth. The trouble with the agri-
cultural industry today is overproduc-
ton, and this scheme will only
stimulate more production of wheat
and cotton and corn, hog and cattle
to be dumped in increased qualities
on foreign markets and thereby break
the world prices to lower levels. 1t
is said that this will necessitate an
increase in the equalization tax on
the farmer in order to pay the in
creaSing losses up to a point where
he will restrain his production. But
what gain does he get by deliberately
going into a scheme by which he is
to be impoverished to point where
he will quit producing.
Seventh. The ultimate political
power in the country rests in the
consumer. There are six of him to
every farmer of any one of these
products. Do you think that the ur-
ban population will not join with the
farmers who grow other commodities
and ultimately do the price fixing?
The farmer who puts the sale of his
product in political agency is COM
hitting suicide.
Advantage to Foreigners.
Eighth. This is a proposition to sell
loOu DIT Hiucu higher price leNel 10
our own people than to foreigners.
Thus can they better compete with
us in markets of the world for our
manufacturers. With the drying up
of our foreign markets for manufac-
tured goods we shall be plunged into
unemployment, into business depres.
sion and shrinking of our home
market for the farmer. His losses on
the home market will be greater than
all the republication fee" on his
exports.
Ninth. Our farmers do need help
They need real help, not rainbows
These measures are not supported by
the strongest farm organization in our
countryside Grange. 1t is not sup.
ported by the practical farmers, who
are represented by the great co.opera-
tive marketing ASSOCIATIONS. 1t is po.
litical bunk. 1t is q lift yourself-by-
yourboot-strap" theory of economics.
There are methods Of relieving the
farmer, but first we must get rid of
rainbow chasing. There are practical
means of aiding the farmer in the
marketing of his products. Such a
proposal is before Congress and should
be acted upon.