Word: aaa
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Dates: during 1930-1939
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...last spring Secretary of Agriculture Wallace was busy with the aid of farm leaders concocting a new farm bill, something to succeed the Soil Conservation Act (hurriedly passed when AAA was invalidated), something permanent and inclusive-to begin with soil conservation payments, continue with the ever-normal granary (Joseph) plan, and be driven home with production control when the ever-normal granary gets abnormally full. Three weeks ago in press conference Franklin Roosevelt remarked that this was all a fine idea and he hoped some action would be taken on it. However, the President...
...striking thing about this departing Court is that although in the first three years of the New Deal it invalidated law after law-NRA, AAA, hot oil, Guffey Coal-and upheld only one of importance - devaluation and the cancelation of the gold clause - it has not since last October overruled the New Deal on a single major case. Instead, it upheld in the past year: the arms embargo in the Chaco War, the new Frazier-Lemke Farm Bankruptcy Act, the Railway Labor Act, the Wagner Labor Law, the Social Security Law. Yet it was not until this winter that...
...from Buffalo to Chicago. Wheat alone declined as the first shipment of the new crop went to market in Texas. Behind the squeeze was no crafty manipulative scheme to pinch the bears for profit. It was simply a scarcity of grain, resulting from last year's drought and AAA restrictions. In the previous five years the U. S. corn crop averaged nearly 2,300,000,000 bu. annually, a figure itself on the lean side because of the very short crop in 1934. Yet last year all the corn land in the country produced only...
...Conference with the hope of stabilizing the world market and relieving them of onerous subsidies to Empire sugar growers, not old Mr. MacDonald, but Special Ambassador Davis steered the meeting off political shoals. While the Big Powers were easily won over to the idea of crop restriction along AAA lines, Mr. Davis and a special committee interviewed delegations representing sugar exporting countries one after another, day after day, for nearly a month...
Died. William Morgan Butler, 76, one-time (1924-26) Senator from Massachusetts, manager of Calvin Coolidge's 1924 Presidential campaign; of heart disease in Boston. A co-receiver of Hoosac Mills Corp., he brought the suit which led the Supreme Court to declare the AAA's processing tax unconstitutional...