Word: aaa
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...problems facing farmers who produce minor crops, a good example was provided by peanuts. Last year's peanut crop totaled some 630,000 tons (normal 450,000), worth $44,000,000. This year's is about the same. Peanut farmers were not included in the original AAA, but after a price shambles brought on by a 560,000-ton crop in 1934, they were taken into the fold. Last week, in order to keep this year's crop from drugging the market, AAA officials in Washington held a conference with 100 representatives of growers, arranged for four...
...AAA, With this year's crops well on their way to use, Secretary of Agriculture Henry A. Wallace last week collected 119 representatives of State farmer associations in Washington to discuss and approve the proposed national AAA program for 1938. Major changes are two: 1) benefit payments to be lumped, instead of coming in two categories for "soil-building practices'' and diverting soil-depleting crops; 2) reduction in the base acreages lor the major soil-depleting crops. Cotton, for example, would be reduced from 34 million to 29-31 million acres. Other base acreages suggested: potatoes...
...since the 1930 Smoot-Hawley tariff bill had buzzed about Capitol corridors. Chief Lobbyist Ellsworth Bunker, vice president & treasurer of the National Sugar Refining Co. of New Jersey, gave dinner parties for Congressmen in his swank 23rd Street home. Economist-Lobbyist John E. Dalton, ex-chief of sugar for AAA, wrote carefully prepared treatises and reference books demonstrating the need for protecting U. S. refiners and refinery workers (of whom there are only 16,000). Ex-Senator-Lobbyist Hubert D. Stephens of Mississippi and ex-Congressman-Lobbyist Loring Black of New York, both respected by their ex-colleagues, shouldered...
...increased home consumption is nothing less than a necessity, because U. S. cotton exports have dropped steadily from an average of 8,300,000 bales a year between 1924 and 1929 to 6,000,000 bales last year and about 5,500,000 in the current cotton year. However, AAA short crops helped cut the annual carry-over from a towering peak of 9,580,000 bales to 5,324,000 bales at the end of the last cotton year. The estimated carryover this year will be down to 4,400,000. As last week cotton's crucial season...
Meanwhile last week onetime AAAdministrator Davis, who once served as Montana's Commissioner of Agriculture & Labor, was glooming in Glacier National Park at a meeting of the Montana Bankers Association. He confessed that although on leaving AAA for the Federal Reserve Board he thought he was "sailing from a storm-tossed sea into a comparatively smooth and protected harbor." now, after a year, he was not so sure. Said he: "If another crisis finds the American banking system disorganized and ineffective, the American citizenry . . . may . . . seize a short cut. . . . Certainly public opinion at such a time will have scant...