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Weaver Dobson, J. S. Anderson Lumber Co., Minneapolis.
Ben C. McCabe, International Elevator Co., Minneapolis. The elevator companies are good friends of the farmers, but they let their grain spoil on the ground before they had cooperatives.
H. H. Hill, Janney, Semple, Hill & Co., Minneapolis.
W. L. Taylor, Wilcox Lumber ('o., Detroit Lakes.
York City. North Carolina:
Allison-Erwin Co., Charlotte.
L. D. Nuchols, Charlotte. Ohio:
H. D. Cram, the T. W. Bingham Co., Cleveland.
A. G. Roiabeck, George Withington Co., Cleveland. Pennsylvania:
William Speltz Supplee, Briddle Co., Philadelphia.
E. K. Tryon, Edward K. Tryon Co., Philadelphia. Texas: Ray Grisham, Western Cotton Oil Co., Abilene. Tennessee: R. C. Dickerson, American Cotton Shippers Association,
They would like to boost the price to the farmers if they could only get rid of the co-ops. That is what they are looking forward to.
W. F. Stephenson, Statton-Warren Hardware Co., Memphis. Wisconsin: Edward S. Piitzlass, John Piitzlass Hardward Com
The above reports list of 138 are contributors of $500 or more to the National Tax Equality Association in 1949, of whom 43 or 31 percent are power companies.
Mr. Voorhis. And those power companies, incidentally, Congressman Reed, had every opportunity to bring rural electricity to rural America, had they wanted to, and were contemplated as probably being the ones that could do it, but just did not do it. The farmers through their co-ops did it for themselves; and now the power companies don't like it.
Mr. REED. This is a mobilization, through inflammatory literature by a lobbying organization, in an attempt to create a class cleavage between the businessmen and the farmers. But I am not through yet.
Here is another list of contributors. This is for 1950 and for the first quarter of the year ending March 31, 1950.
Quarterly reports filed by the National Tax Equality Association with the Clerk of the House of Representatives, under the Federal
Regulation of Lobbying Act, being reports Nos. 689, 1353, 2945, and
International Minerals & Chemical Corp., Chicago.
Uhlmann Grain Co., Chicago.
Gulf States Utilities Co., Baton Rouge.
New Orleans Public Service, Inc., New Orleans.
Bridgeman-Russell Co., Duluth.
St. Paul Livestock Exchange, St. Paul.
Fresh Milk Institute, St. Louis.
Union Electric Co., St. Louis.
Association of Casualty and Surety Companies of New York.
Petroleum Advisers, Inc.
Allison-Erwin Co., Charlotte.
Carolina Power & Light Co., Raleigh. Ohio:
Cincinnati Gas & Electric Co., Cincinnati.
The Bostwick-Braun Co., Toledo. Pennsylvania :
Atlantic Refining Co., Philadelphia.
Duquesne Light Co., Pittsburgh.
Humble Oil & Refining Co., Houston.
Zork Hardware Co., El Paso.
These are the contributors for the second quarter, ended June 30, 1950. Illinois:
Mr. Emmett Barker, James E. Bennett & Co., Chicago.
Mr. James Norris, Norris Grain Co., Chicago.
Mr. Paul D. Bartlett, Hart-Bartlett-Sturtevandt Grain Co., Kan
Mr. J. K. Naylor, Pet Milk Co., Kansas City. Nebraska : Mr. Paul C. Gallagher, Paxton-Gallagher Co., Omaha. New Jersey: George H. Blake, Public Service Electric & Gas Co.,
Newark. New York: Thomas H. Truslow, Corning Glass Works, Corning. Ohio: Mr. W. E. Caldwell, Cleveland Twist Drill Co., Cleveland. Pennsylvania: Mr. Edward Torter, Philadelphia Electric Co., Phila
delphia. Tennessee: Bruce Keener, Jr., Knoxville. Virginia:
W.T. Wright, S. F. Royster Guano Co., Norfolk.
Mr. I. D. Dawes, Virginia-Carolina Chemical Corp., Richmond. Wisconsin: G. W. Van Derzee, Wisconsin Electric Power Co., Mil
These are the contributors for the third quarter ended September 30, 1950. California:
Wakefield, Baker, & Hamilton, San Francisco.
J. C. Folliard, Sloss & Britain, San Francisco. Colorado: C. A. Burkhart, the Denver Clearinghouse Association,
Denver. Connecticut: C. F. Thompson, Wallace & Sons Manufacturing Co.,
F. K. Cullman, Bowman Dairy Co., Chicago.
A. W. Peake, Standard Oil Co., Chicago. Indiana : R. A. Gallagher, Public Service Co. of Indiana, Indian
apolis. Kentucky: Charles R. Bottorss, Belknap Hardware & Manufacturing
F. Peavey, Hesselefinger, S. H. Peavey & Co., Minneapolis.
Frank A. Theis, Simonds, Shields, Theis Grain Co., Kansas City.
Rocky Mountain Grain & Commission Co., Kansas City. Montana:
Paul R. Trigg Elevator Co.
Montana Flower Mills Co.
Henry J. Allison, Allison-Erwin Co., Charlotte.
L. D. Nuchols, Charlotte.
H. D. Cran, The T. W. Bingham Co., Cleveland.
J. B. Poston, Columbus & Southern Ohio Electric Co., Columbus.
phis. Edmond Orgill, Orgill Bros. Co., Memphis.
W. F. Stephenson, Stockran-Warren Hardware Co., Memphis. Texas:
S. A. Moncreif, Moncreif Lenoir Manufacturing Co., Houston.
S. Žork, Zork Hardware Co.
tion, Birmingham. Arkansas: Col. Robert Baker, Fones Bros. Hardware Co., Little Rock. California : Curtis Hayden, Dunham, Carrigan & Hayden Co., San
Robert Walohan, Birch Run.
E. B. Morley, Morley Bros., Saginaw.
Ben C. McCabe, International Elevator Co., Minneapolis.
Allan Hill, Janney, Sentle, Hill & Co., Minneapolis. Missouri:
F.J. J. Schanakenburg, St. Louis Cordage Mills, St. Louis.
A. Wessell, Shapleigh Hardware Co., St. Louis. Montana: Frank Bird, Montana Power Co., Butte. New Jersey: Dewitt' J. Paul, Beneficial Industrial Loan Corp.,
Newark. New York:
Wilmot Wheeler, American Chain & Cable Co., New York.
Dr. Edwin R. Masback, Masback, Inc., New York,
M. G. Nussbaum, Swan Rubber Co., Bucyrus.
Pennsylvania: E. K. Tryon, Edward K. Tryon Co., Philadelphia.
I just wanted to give you an idea of the picture of these great friends of farmers throughout the United States who are contributing to this racketeering crowd that is sending out all kinds of scurilous literature. I will have a lot more to say a little later when they put their witnesses on the stand.
That is all, Mr. Chairman.
Mr. Camp. Mr. Voorhis, I want to again congratulate you on the help you have given this committee. I am always glad to have you come to see us.
Mr. VOORHIS. Thank you.
Mr. CAMP. I, like all the other members of this committee, receive these letters that we have referred to; and I am convinced that the businessmen of my section, small-business men and larger-business men, are under a false impression regarding cooperatives.
Mr. VOORHIS. I am convinced that they are.
Mr. Camp. They are honestly of the belief that their competition, as represented by the cooperatives, are escaping taxes entirely.
Mr. Voorhis. That is what they think.
Mr. Camp. Now I think that that challenges the cooperatives of America to come here and ask that a clarifying law be passed so that you can rid the minds of our business people of this false impression. I was hoping that the cooperatives would get together and stop this kind of declaring of dividends and allocations to the farmers, without paying the money to him.
Now, there is your trouble. Everybody knows that on that you pay to the farmers in cash the farmer is bound to pay taxes on it on his personal income-tax return. But there are some of these cooperatives that send the farmers a paper on which they say, “We have allocated to your account on the books of our company $94.61, which is yours. We hope you will leave it here, and if you don't answer we will take it to mean that you will leave it here to be used by the cooperative."
Now, that is the thing, if I may say so, that is the milk in the coconut, and I think that is the thing you have put your finger right on. I think a lot of these cooperatives are paying their tax right now.
a There are a lot of them, I think, that do not declare an allocated diridend. I think there are many fine cooperatives in this country that are paying every cent of taxes that they owe, but the public does not know it and the public would not believe it if I were to tell them that.
Now what you folks need to do—and this is just my own opinion, of course—is to meet this thing squarely. You need to say, “We are going to pay to the farmer his dividend which we do not have to pay any tax on, and we will let him pay the tax. And we will pay tax on the profit we retain, the amount we retain, whether you call it profit or whether you call it the accumulation, or whatever you call that money.” If you folks did something that would clarify that and would then let us go out and say, “I do not want to hear any more about that, the cooperatives are paying all they owe,” if you could do that for us, it would be the greatest favor that was ever done for the Ways