"Altogether, from the above reasons, it is my belief that the theoretical benefits would not be reflected to the American farmer; that it would create profiteering; that it contains elements which would bring American agriculture to disaster."
"If the increased price did reflect to the farmer, the plan would stimulate overproduction and thereby increase world supply which would in turn depreciate world prices and consequently decrease the pr..."
"I regret deeply that I cannot agree that this provision would bring the results expected."
"The first result of the plan, if put into operation, would be a gigantic gift from the government and the public to the dealers and manufacturers and speculators in these commodities."
"It is not proposed to pay the debentures of subsidies to the farmers, but to the export merchants, and it seems certain that a large part of it would not be reflected back to the farmer."
"On the contrary I am convinced that it would bring disaster to the American farmer."
"The plan would require a substantial increase in taxes as no such expenditure or depletion of revenues as this plan implies could be paid from marginal income of the government more particularly in vi..."
"That is the enforcement and obedience to the laws of the United States, both Federal and State."
"No individual has the right to determine what law shall be obeyed and what law shall not be enforced."
"A definite plan of farm relief was adopted by the Republican Convention at Kansas City."
"I can deplore that divisions in the ranks of the farmers themselves only encourage those who oppose all farm relief, and can at best only bring delay and danger of entire failure."