Political Quotes

Charles W. Stenholm: “I only want to point out again, which I think is the most relevant counter-argument to the amendment being offered…”

On the recordJune 12, 1996
I only want to point out again, which I think is the most relevant counter-argument to the amendment being offered: There is no restraint on production of peanuts. The market is the one that has to react. If the market chooses to pay $800 a ton, peanut farmers will be happy. If they choose to pay $610, they will not be so happy. Some will be very happy with $610. I have got growers that make good money at $500, $400 a ton. I have got others that struggle to make it at $610. We tried to balance that constituent interest because I happen to represent both quota and nonquota. I happen to represent some of the theory that the gentleman from Arizona [Mr. Kolbe] is trying to put forward here.
Source
govinfo.gov

Editor's note · Context

Discussing the impact of market prices on peanut farmers during a debate on an amendment.

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