Speech #730147503

The importations of peanuts come principally from Asia and Spain. and for 1932 were less than 1 percent of domestic production. The imports amounted to some 627.000 pounds. -while our exports were in excess of 7.000.000 pounds. The equivalent ad valorem duty on shelled peanuts. which come mostly from the Asiatics and which represent less than 1 percent of domestic production. according to the Tariff Commission report. was 246 percent. I am wondering what Secretary Wallace will do when he comes to deal with that farm product. which is produced so generally down in the good old State of Virginia. from a tariff point of view. Another item of interest to the farm States is that of beans.