The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1928-11-05

policies Tor WHICH SlaH0 as Tie
surest guarantee OF relief to YOU
and ask you to recall all the
state and local farm leaders who
have STUDIED this problem IN your
behalf. who agree with Governor
Lowden and Senator Norris as 20
the utter hopeIessness Of any ex.
pectation Of relief from the Repub-
lican party.
tLet me review what has been
said about agricultural relief during
this campaign; and will take
first the things we agree on.
waterways Aid Slow
ssFirst- Inland waterways; There
is no disagreement on that, but T
think you win all agree with me
that IL the farm population of this
country has to wait for relief until
a system Of inland waterways il
developed, there win be very little
farm population to be- relieved.
Second Tariff on import crops:
We are all agreed on that. The
Democratic party has promised the
farmer, and / have promised the
farmer, full protective duties on all
import crops on an absolute equal.
ity with industry upon all agri.
cultural products that are imported.
IT pause, however, to ask why, If
higher duties are necessary, the
Republicans have not given them
during the last seven and half
years.
II am for giving the farmer who
raises the import crops full tariff
protection. but you know and
know that that, standing alone, has
never solved the problem, will
never solve the problem, and that
when the Republicans have argued
about 1t they have simply been
trying to get your minds away
from the real principle Of farm re-
lief. upon which they are directly
opposed to me and directly opposed
to your interest and your economic
salvation.
Then Mr.. Hoover talks about
sterilization corporations.
Zone word about these stabiliza-
ton corporations to which Mr..
Hoover is willing to lend money.
Our commodity prices are not made
in America. In his st. Louis
speech Mr.. Hoover says they are
made abroad. You can no more
control or stabilize them by a.
corporation that has no power to
lift the surplus clear out of the
domestic market than you can fight
a fist fight with man 10 miles
away.
Surplus Control Needed
world conditions and not sea-
sonal gluts control domestic price.
For the past 10 years the seasonal
high price of each year has oc-
CURED exactly as frequently at
harvest time as in growing time.
Who will share the profits and
who will bear the losses?
And now we come to the great
fundamental. underlying principle
for farm relief upon which Mr..
Hoover and 1 differ absolutely.
"I agree with Governor Lowden !
and Senator Norris that there can
never be any satisfactory solution
on the farm problem unless that
solution is based upon the principle |
of an effective control of the sale |
Of the exportable surplus with the |
cost imposed upon the commodity |
benefited.
For that principle the Democratic |
platform squarely stands, and for /
that principle 1 squarely stand and |
for that principle you and your
leaders and those VINO have been
in your behalf for the
past eight years stand and have
always stood.
you know full we'll by this time
what that principle means. You
fully that as to the
great cash crops of which we pro-
duce an exportapie surplus the
tariff simply does not function be.
cause the exportable surplus is of
fered for sale in this country be,
fore 1t finally finds its way into a
foreign market.
1T is the presence of this ex-
portable surplus in the domestic
market that has driven down your
prices far below the cost of produc.
ton, reduced by billions the value
Of your farms, driven millions of
people from the farms to other
occupations and brought about the
dire distress in which agriculture
finds itself today.
Estate Socialism" ScOffed
And what has Mr.. Hoover had
10 say about this principle OF farm
relief for which l stand, for which
ny party stands, and which am