Evening star., 1933-01-28
IMITATION ADVISED
TO HELfiFARMERS
Allotment Plan Will Fail
Otherwise, Simpson Says
at House Hearing.

John A. Simpson, president Of the
National Farmers Union, told House
Committee today the emergency do
mestic allotment bill will fall without
an expansion Of currency and credit.
"You can pass this bill and three
months from now the army of unem-
ployed will be greater in numbers, more
banks will have closed their doors, more
farms have been foreclosed and the
price of farm crops be cheaper than
today" Simpson said. In other words,
this bill is not a remedy"
If we were to reduce the value Ct
our dollar as measured in commodi-
ties to the value it had January l, 1920,
We would increase the cost Of produc-
tion In every foreign country to such
an extent that with our present tariff
rates and their present tariff rates
the advantage in trade would be favor
able to this country.
Crowther, New York Republican,
asked Simpson how he would initiate.
Would Pass Wheeler Bill.
First I would pass the Wheeler bill
to remcnetize silver and then If neces-
sary would have the Government issue
paper money.
Then if that didn't do the jcb
would be proud Of sprinkling of coun-
terielt. Every counterfeit dZlar that
goes INTO general circulation today helps
commodity prices.
II you transferred the Governments
ooiigations on interest bearing yellow
paper to interest bearing green
paper you could wipe out the debt"
Meanwhile an Iowa hog raiser-Henry
Wood Of Moville-spoke out against the
domestic allotment farm relief bill SO
far as it applies to hogs, as hearings
were resumed today before the Senate,
Agriculture Committee.
i would welcome anything that would
double the price of hogs if it could be
DONE" he said, but after study Of
this bill / see nothing that would be Of
lasting value to the hog raiser"
Acreage Provisions Opposed.
Acreage control provisions of the bill
were opposed by j. T. Sanders of Still
water, Okla, head of the department
of agricultural economics at Oklahoma
Agricultural College. The cut in pro-
duction, he contended, would weaken
our position" in world markets.
The farmer. Sanders said should be
left to run his own business like any
body else"
On Monday the packers side Of the
argument is expected to be heard, with
indications that their representatives
will voice vigorous opposition to in
Guiding hogs.
Under the measure, passed on January
II by the House, tax would be levied
on the packer or other professor" of
the seven products to provide funds
with which to pay the farmer who
agrees to cut production 20 per cent,
a bounty sufficient to give him the pre-
war price on the share of his produce
which goes into domestic consumption.
Veto Expected.
While the Agriculture Committee
hopes to conclude the hearings at the
end of next week and report the meas
ure in some form promptly thereafter,
friends OF the bill see no hope that It
will become a law until after March
because Of the belief that President
Hoover would veto it.
Already in three days of hearings the
committee has heard the reactions Of
dairy farmers. creameries. live stock
raisers and cotton spinners.
The cotton manufacturers, on the
stand yesterday, assailed the bill as .
severe boomerang" to the cotton pro-
ducer, contending 1t would so raise the
price as to decrease cotton consump-
tion seriously.
Instead they proposed that there be
written into the bill q substitute pro.
vision in regard to cotton, which aims
to bring about a so per cent acreage
reduction and allow the farmer to pur-
chase the other so per cent Of his
projected crop outright at the low mar
ket price. using funds loaned by the
Government for the purpose.
Various Demands.
The dairy farmers representatives
demanded an increased tax on oleomar-
garine to maintain sales parity with
butter" the creameries' spokesmen
wanted dairy products eliminated from
the bill and the live stock man wanted
cattle and sheep included in the oill
along with hogs. These were foremost
among many amendments proposed by
the witnesses SO far.
The bill as a whcle was fatty opposed
by the president of the Farmers Ma
tional Grain Dealers Association In q
telegram to the committee
Senatorial interest and concerns have
been shown by the number and nature
Of questions asked from the beginning
Of the hearings.