Word: aaas
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...asserted: "I think a 12? loan is absolutely sure. I have been in constant communication with the President and I have had no intimation of a change in his views. Yesterday the President told Senator George that he was not considering anything but a 12? loan." Two days later AAA announced the Government's loan offer for 1935 cotton. -9? per Ib. Like all false prophets, Senators George, Russell and Bankhead were hopping mad. Either Franklin Roosevelt had deliberately misled them at the White House or they had deliberately misled the cotton-growing South, with a view to putting...
...weeks President Roosevelt has been pulled and hauled between two conflicting ideas on cotton loans. Secretary of Agriculture Wallace saw that the 12? loan policy, if extended, would mire the Government in surplus cotton, perhaps sink the AAA in financial failure. Therefore he argued stoutly against any continuation of the 12? loan. Southern Senators and Representatives, thinking only of political effects, yowled and yammered for another year of 12? cotton, warned the New Deal it would lose all its Southern friends if it did otherwise. An able compromiser, President Roosevelt finally approved the AAA plan announced last week. To guarantee...
...shoddy to their constituents who had learned to expect bigger and finer things from the generous New Deal. Unexpressed, but probably more potent, was the fact that Cotton Senators knew that cotton mills and speculators in the South who had bought cotton at 11? would suffer a loss if AAA moved its price peg down 3?. Two days later, anxious to send Congress packing. President Roosevelt offered to lend 10? instead of 9?, and Congress adjourned in a flare of fireworks staged by Senator Huey Long, unassisted...
...housewives led by Mrs. Mary Zuk formed the Women's League Against the High Cost of Living, began picketing butchers' shops and branches of packing plants. They demanded a 20% cut in the price of meats. All but one shop in town closed. Angry butchers petitioned AAA to explain to Mrs. Zuk and friends that they were not responsible for the price of meat. AAA refused to admit its responsibility for meat prices...
...Finally AAA approved a resolution providing $150,000 for a Federal Trade Commission investigation of processors' profits -a scandal hunt which might do much to discourage suits to prevent the collection of processing taxes...