FARMERS' RELIEF.

Auckland Star, Volume LXIII, Issue 263, 5 November 1932, Page 9

FARMERS' RELIEF.

HOOVER POLICY.

Promise to Make Use of Tariffs To Raise Prices.

EFFECTS OF IMPORTS.

(United P.A.—Electric Telegraph—Copyright)

(Received 12.30 p.m.)

NEW YORK, November 4.

Aboard the Presidential special train en route to the West, President Hoover renewed the pledge to keep farm products out of the United States.

In a speech prepared for delivery at Springfield, Illinois, and made public aboard the train as he continued his campaign through* Indiana and Illinois, Mr. Hoover said: "Already foreign farm products, such as butter, pork products, cattle and competitive oils have begun to flow over our borders," the speech said', "in competition with our American farmers and have contributed largely to the depreciation of prices. Particularly is this so from Canada, New Zealand, the Orient and certain European countries.

"This is .the effect of the depreciation of foreign currencies on the ability of our competitors in agricultural products to ship into our markets when their currencies are depreciated and their prices and wages decreased, in comparison with ours. This enables them to penetrate the tariff wall.

"Fortunately the Republican party has secured the establishment of authority in the Tariff Commission by which tariffs can be re-examined in just such an event. I have lately given instructions to the commission to reexamine certain of the agricultural tariffs with a view to presenting to me the actual facts of the difference in cost of production at home and abroad, and certainly, if the facts are developed as they appear, I shall promptly act in relief of the farmere."

A MIRACLE NEEDED.

Hoover's Chances of Presidency

Seen Hopeless.

"LITERARY DIGEST" POLL,

(Received 10 a.m.) NEW YORK, November 4. The "Literary Digest" poll discloses that of 3,000,000 votes cast, Roosevelt leads in 41 States with 56 per cent of the total vote, 37 per cent is for Hoover and 5 per cent for Thomas, the Socialist candidate. It appears that nothing but a miracle can save Hoover. .