Word: aaas
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Agriculture Henry A. Wallace in 22,560 mimeographed words of crop regulations, the 2,500,000 cotton growers in the U. S. can sell their yield without penalty in the open market this fall only if they have numbered identification cards which have been duly issued and signed by AAA county committeemen...
...Wallace, of course, was not so crass as to tell American farmers that they must take a number, must carry a card. Any farmer who wants to do so may grow all the cotton he pleases, store it in his barn, light a cigar with his AAA pasteboard and go unpunished. Mr. Wallace simply told cotton buyers, who are not a big or politically potent class, that upon them rests the burden of properly identifying the cotton. Furthermore, buyers, on pain of $500 fine, must strictly observe an AAA color line...
...AAA cards are to be white and red-white for the 90-odd percent of farmers who presumably are complying with AAA's acreage control program; red for approximately 250,000 noncomplying individualists...
Last week Wall Street was still chuckling over an incident which somewhat supports criticism of the setup: Fitch's rated the recent $100,000,000 issue of U. S. Steel debentures as AAA (highest), Standard as A1 (second rank), Poor's and Moody's as A (third rank). Last week, too, Secretary of the Treasury Morgenthau revealed that the group which has been devising a uniform bank examination was also brewing substantial modifications of bond ratings and eligibility...
...five years of clodhopping, the Agricultural Adjustment Administration has trod many a sore toe. But perhaps the most legitimate resulting howl has been that of the American Automobile Association. Reason: the Association's copyrighted insignia, AAA, a motorists' byword since 1902, has since 1933 been plowed under by the New Deal's AAA. Last week, South Carolina's "Cotton Ed" Smith, Chairman of the Senate Agriculture Committee but no friend of the New Deal, had before the Senate a bill authorizing Secretary of Agriculture Wallace to "select and make public a new name for ... the Agricultural...