Word: aaas
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...with the exception of the late Eugene R. Black as Governor of the Federal Reserve Board, President Roosevelt has lifted no Georgian to high place as Cabinet member, ambassador, brain-truster, first-rank administrator. His CWA and NRA nettled Georgians by boosting the price of their cheap labor. His AAA drained the tills of Georgia textile millers with the cotton processing tax. His FERA humiliated Georgia by adjudging its elected officials incompetent to administer relief, appointing a Federal representative in their stead. His PWA last week canceled four loans to Georgia, impugned the good faith of its Governor...
...condones the NRA, the AAA and other things now going on in this country is a radical in the extreme. The greatest calamity to this country is that President Roosevelt can't walk around and hunt up people to talk to. He can only talk to those his secretaries and assistants allow to come in to see him -and 99% of this crowd is the 'gimme' crowd...
...sought a common way out of their difficulties. Unanimously they agreed that the steady increase of foreign competition and the steady decrease of foreign and domestic markets for raw cotton and cotton goods spelled approaching ruin for both planters and millers. Unanimously they blamed most of their troubles on AAA's 4.2? a Ib. processing tax. And unanimously they set off for the White House to get a political pre-scription for King Cotton...
Normally the U. S. exports half its cotton crop. Exports from Aug. 1, 1934 to March 1, 1935 were down 41%. Domestic consumption is off 22%. The world surplus of U. S. cotton, cut two million bales since AAA began its reduction program in 1933, is still an 8,000,000-bale glut on the market. Of this AAA, which pegged the domestic price at 12? through its loans to growers, holds half. And its holdings are rapidly increasing since the domestic market price slipped fy under the peg in March (TIME, March...
...cotton gin could not take all the credit. Carding and spinning machines were developed, looms were fashioned better, railroad transport made its appearance. For 20 years the cotton crop has fluctuated around 15,000,000 bales, is now being held down to about 12,000,000 bales by AAA...