Evening star., 1937-07-27

SENATOR GE(
in years of plenty and which would
also take care of profitable exports
during such periods. 1t is also con-
templated that the ever-normal
granary will protect the consumer
from abnormally high prices.
The fourth objective is to conserve
our national soil resources and to deter
production of surplusage for which
there is no adequate market present
or prospective, surpluSage the pro-
duCtion of which deprives the soil of
its fertility without producing COM
mensurate income to the farmer or
benefit to the public.
1t is among the purposes OF the bill
to assure the farmer substantially a
parity return for normal supplies of
major agricultural commodities based
on the theory that such return is
fair to all our citizens and that ma
tional prosperity cannot exist unless
those engaged in agricultural pursuits
share in that prosperity. The bill re-
jects the philosophy Of scarcity to the
advantage of both the consumer and
the farmer.
1t is the view of sponsors OF the bill
that it will bring to pass a stabilized
market and prevent fluctuations in the
cost of feedstuffs to dairy and live
stock farmers by stabilizing the price
for feed products and thereby sub
stantlally aiding dairy and live stock
farmers in obtaining parity income.
A stable supply of such maio COM
modities would directly benefit pro-
cessors and those who provide storage
and transportation facilities, equip
ment and materials and would provide
a more uniform employment for labor
engaged in those activities
The measure includes provisions for
parity payments and surplus reserve
loans, acreage diversion. storage under
seal and marketing quotas.
1t is the theory contained in the
bill that the surplus reserve loans
therein provided for would be avail
able at supply levels and will at all
times have stabilizing effect on the
farm price
Diversion Allowed.
Under the measure co-operators NAV
be required to divert base acreage from
the production of commodity if the
total supply exceeds normal at the be-
ginning OF marketing year and II
the eVer-normal granery supply is
adequate. Such diversion is calculated
to make effective the objective of par
ity and without interfering with main
tenance OF parity prices and likewise
to make effective the objective of an
adequate ever-normal granary supply.
In no event is the amount OF diversion
to be SO great as to bring the total
supply at the end Of the marketing
year to less than normal.
The marketing quotas as provided
by the measure are important and are
to be only effective under such con-
dltlons as 1 shall relate further on
80 1AiS ASAiioi Ms VNIlCIl UIlC pTOxTAm
provided in the bill is in effect if
the total supply OF a major agricul-
tural commodity at the beginning of
a marketing year exceeds normal by
more than certain amounts, market
ing quotas are then to be placed in
effect for the current crop OF a COM
modify. Thus the marketing quota
level for cotton for instance is a total
supply Is per cent in excess of nor.
NAL, or 20.900.00O bales: corn, 10 per
per cent in excess OF normal or ST.
100000 pounds, and cigar tobacco 10
per cent in excess of normal or AIS
ooo.o00 bushels; wheat other than
white wheat, 20 per cent in excess OF
normal or 100000 bushels; rice.
III per cent in excess of normal or
l2,7OO,O00 barrels; dark tobacco 10
per cent in excess of normal or 416-
o00,000 pounds. The program pro-
Vloed by the bill being in operation
supplies OF such magnitude would not
frequently occur because of the VOL
untary diversion which would be In
eHect from time to time. Such large
supplies would not likely occur in
years OF extraol dinary yields. Such
marketing quotas for a commodity
would be so fixed as to make avail
able during the marketing year Of
at least a normal supply Of the COM
modify and would in no event he lac.
than normal.
Under the provisions Of the bill tho
marketing quota for any commodity
cannot be greater than the ever-nor.
mai granary supply level. Should a
farmer, who by reason OF flood
drought or adverse conditions f.;l
10 produce an amount equal to the
normal yield of at least half of his
oase acreage for a commodity. the
quota would not be effective.
In the administration of the art
the Secretary of Agriculture Is an,
thorized and directed to provide for
the adjustment admins alton
through Statewide and local commit
tees or associations of farmers wher.-
ever practicable. Cooperative associ..
lions are to be accorded such recoa-