1218 



GENERAL FARM PROGRAM 



whether or not there is a profit determines which way sheep — lambs and wool — 

 production will go in this country. 



8. It seems highly important to us to encourage improved production and 

 marketing of wool to better enable the domestic producer to complete in a highly 

 competitive market and increase production. 



Percentage calculation in production-payments program versus straight-across-the- 

 board payments 



■ PERCENTAGE CALCULATION 



STRAIGHT-ACROSS-THE-BOARD PAYMENT 



• 10 percent of price received per pound times the fleece weight. 



2 Difference between support level and jjrice received (4.28 cents) per pound times the fleece weight. 



2 Production payments straight across. 



National Wool Trade Association, 



Boston, Mass., June 9, 1949. 

 Representative Stephen Pace, 



Chairman, Special Subcommittee of House Committee on Agriculture, 

 House of Representatives, Washington, D. C. 

 Dear Represlxtative Pace: The National Wool Trade Association heartily 

 endorses the wool production payment plan as outlined in the statement of 

 J. M. Jones, secretary of the National Wool Growers Association, before the 

 special subcommittee of the House Committee on Agriculture, Stephen Pace,, 

 Member of Congress, chairman, on June 8, 1949, a copy of which is enclosed. 

 Yours very truh*, 



Hugh Munro, President. 



Boston Wool Trade Association, 



June 9, 1949. 

 Representative Stephen Pace, 



Chair77ian, Special Subcommittee of House Committee on Agriculture, 

 House of Representatives, Washington, D. C. 

 Dear Representative Pace: The Boston Wool Trade Association heartily 

 endorses the wool production payment plan as outlined in the statement of J. M. 

 Jones,] secretary of the National Wool Growers Association, before the special 

 subcommittee of the House Committee on Agriculture, Stephen Pace, member of 

 Congress, chairman, on June 8, 1949, a copy of which is eciosed. 



We are opposed to the production-payment method as proposed by the Hon- 

 orable Charles F. Brannan, Secretary of the Department of Agriculture, before 

 your committee. 



Yours very truly, 



John G. Wright, President. 



