Word: aaa
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...brokers awaited news by cable from the nation which grows more than half the world's cotton. Then at the stroke of noon Washington flashed out its best judgment on the 1934 cotton crop: drought in the rich bottom lands west of the Mississippi River had combined with AAA acreage reduction to bring the crop down to 9,195,000 bales-25% below last year, and the lowest, with one exception, in 38 years.* This was more than 1,000,000 bales below the maximum set by the Bankhead Act and about 200,000 bales below the best private...
...Dealers are trying this fall to elect a Congress of men who are unfriendly to the AAA and unfriendly to the farmers except in superficial lip service. They hope to do away with the processing tax. They recently have been pointing out the fact of the most extraordinary drought in 40 years as an argument for abandoning the entire agricultural adjustment program. This effort to use the fact of the drought as an attack on the Agricultural Adjustment program is typical of the shortsighted leadership of the Republican Party from...
Critics. Although AAA defenders concentrated their fire of words on "Tories," "Old Dealers" and "Speculators," these same "Tories," "Old Dealers" and "Speculators" had surprisingly little to say last week. Fortnight ago Henry P. Fletcher. Republican National Chairman, charged that Democrats had deliberately held up AAA's benefit payments to farmers to use them later as election bait. With a great display of political righteousness, Secretary Wallace loudly reproved him: "It is a contemptible thing, indeed, for a man of Mr. Fletcher's intelligence and standing in the Republican Party to make, deliberately for partisan purposes, a completely unfounded statement designed...
Real opposition to AAA was of long standing but had not been taken seriously by Democratic politicians until Drought painfully sharpened arguments against their whole program. Prime criticism...
...problem was encountered: how not to produce too much. Just as Industry, able to produce far more than the U.S. had the money to buy, could be saved only by NRA from cut-throat competition, so farmers producing too much wheat and cotton could be saved only by AAA's crop reductions. But hardly had Dr. Tugwell last week finished telling his radio audience about the "economy of abundance" when up popped a government-paid economist to deny its existence. According to this latest New Deal critic, the "economy of abundance" is the product of "mental astigmatism" and distorted statistics...