286 GEXERAL FARM PROGRAM 



Secretary Brannan. If you use the same amount of money, as I 

 indicated, required to withdraw the necessary number of hogs from 

 the market to maintain the support price. 



Mr. Andresen. While pork chops are seUing at 80 cents a pound 

 now. 



Secretary Brannan. Yes. 



Mr. Andresen. And we will say that they get 8 cents — 72 cents, I 

 am afraid, if they are to pay 72 cents that they would expect more. 

 Do yod not think so if they are told it would lower the price? 



Secretary Brannan. That may be right, but going back and com- 

 paring the point I was making, I was saying we could get that without 

 even waste, that is, by just using the money that we would otherwise 

 use, but would be wasted in its entirety, and we could give the con- 

 sumer more pork to eat. 



Mr. .\ndresen. If your Department or the Administration had 

 permitted larger qdantities of fats and oils to be sent out of the 

 country, we woukl not have the difficulty we are now having with 

 cottonseed oil and soybean oil and other oils. I recognize now that is 

 why you let the hundred million pounds be exported, and that is a 

 step in the right direction, but it came too late, and fats and oils are 

 down to rock bottom, you might say, about 10 cents, which, of course, 

 is the trouble with the fats-and-oils economy today. 



The Chairman. Gentlemen, it is 5 o'clock. 



The committee will stand adjourned until 10 o'clock tomorrow 

 morning. 



(Thereupon, at 5:03 p. m. an adjournment was taken until 10 a. m., 

 Tuesday, April 26, 1949.) 



