Word: aaas
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There was just one drawback: Mr. Davis foresees the possibility that before the end of the next four years, the U. S. Supreme Court may decide that there is no Santa Claus. In the event of such a decision adverse to AAA, he announced...
...They must sign contracts promising to plant wheat acreage for the next four years of any size that AAA may fix within a range of 75% to 100% of their 1930-32 average...
Bedeviled by a blight of interdictions and animadversions against AAA by processors, judges and Senators, nervous AAAdministrator Chester C. Davis has kept his tongue & temper fairly well under control. Last week his attention was called to the following advertisement in the Joplin, Mo. Globe...
Without assigning obvious credit to AAA, Federal Land Bank officials in Omaha last week reported farm land prices in Iowa, Nebraska, South Dakota and Wyoming up as much as 33% from last year. More than 50% of buyers are bona fide settlers. A farm near Omaha lately sold for $155 per acre, a half-section in Sac County, Iowa for $135 per acre. A northern Iowan reported an offer of $110 per acre for land he lately bought...
...with spring next. Summer slaughtering is normally light, and this year the Bureau of Agricultural Economics estimates that it will be the lightest in 30 years, perhaps no heavier than in 1902 when only 4,750,000 pigs went to market in the July-September period. Drought and the AAA's restriction program have reduced the number of hogs on corn-belt farms 37% in the past year...