Page images
PDF
EPUB

Mr. GRAHAM. Well, here we have the 1931 output amounting to a total of 2,385,000 motor vehicles. This was 29 per cent under 1930, and 55 per cent under 1929. Below we take it up year by year and show what the totals were for production in the United States of America.

Mr. HAWLEY. The red indicates United States consumption, and the other color the exports?

Mr. GRAHAM. Yes, sir.

The next we think is an interesting table, which shows the great percentage of cars that sell in the low-priced brackets.

The next amplifies my statement that two-thirds of the cars are bought by persons with yearly incomes of less than $3,000; that there are more cars purchased by people with incomes under $1,400 than by those with incomes over $6,500.

The next shows the raw-material consumption by the automobile industry of products coming from all parts of the United Statescotton, lumber, rubber, gasoline, steel, malleables, copper, lead, zinc, and so forth, illustrating the widespread influences that prosperity coming back to our industry would have.

Mr. HAWLEY. The red indicates the proportion of these commodities used in the automobile industry?

Mr. GRAHAM. Yes, sir. You see how we dominate in gasoline and in rubber.

The next is the source of materials, by States, materials used by the automobile industry, making a very interesting exhibit.

The next one continues the same thing in the various States. It is surprising the varied items they produce.

The CHAIRMAN. You say, Mr. Graham, you have a copy of that? Mr. GRAHAM. We will furnish that to you in permanent form, in a small booklet.

The next chart is the breakdown of employment and bears out my statement that there are 4,022,000 persons employed.

Mr. CROWTHER. That is pretty generally all high-paid labor, is

it not?

Mr. GRAHAM. Oh, yes.

Mr. CROWTHER. Expert labor?

Mr. GRAHAM. Expert labor, and we have always paid high salaries. The next shows the automotive employment in nearly all the States. The upper figures show the persons employed in automotive establishments, including trucks, tires, and raw materials, and the lower figures are the employees in the retail automotive stores.

The next breakdown is the statement that 85 per cent of all motor trucks are owner operated.

The last is the pledge which we regret to make, but we have no choice but to add the tax to our selling price.

Mr. CROWTHER. Do I understand you feel you must add the price of the excise tax to your price?

Mr. GRAHAM. To our selling price.

Mr. CROWTHER. Then, the 5 per cent, or whatever it is, would be figured on that?

Mr. GRAHAM. The 5 per cent is on the wholesale, not the retail price. It is a manufacturer's tax. But we will add to our list prices a sum equivalent to the 5 per cent wholesale tax.

Mr. CROWTHER. That makes still another additional cost to the machine?

Mr. GRAHAM. Yes, sir.

(Mr. Graham submitted the following charts :)

$1,022,000,000 Motor Vehicle Taxes in 1931

[blocks in formation]

TOTAL $1,022,000,000

Motor Vehicles Pay Nearly 10% of ALL Taxes

$1,022,000,000 Motor Taxes

////////$10,251,000,000 /|||||||||

All Federal, State and Local Taxes
(Source: National Industrial Conference Board.)

All Motor Taxes Equal 1⁄4/4 of Federal Expenditures

$1,022,000,000 Motor Taxes

$4.220.000.000.

Expenditures by the Federal Government, 1931

Possible Excise Tax Revenue in 1932 if Production Equals 1931 $75,357,000

[blocks in formation]

26.000.000

Motor Vehicles in Use 1931

Farmers own 26% of Trucks, 18% of Cars 57% of Cars on Farms and Towns under 10,000 pop.

[blocks in formation]

5035.060 Motor Vehicles on Farms-1930 US Census 150 Cars per Dot - Located by Counties

[graphic]

MAP PREPARED BY THE FARM JOURNAL

97999-3249

« PreviousContinue »