Word: acted
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Dates: during 1930-1939
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...decreed by the Agricultural Adjustment Act of 1938 (TIME, Feb. 21), and detailed by practical Secretary of 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...
Less pleasing news about wheat was carried to the White House. The Secretary informed the President that so big a wheat crop is coming up that the U. S. Treasury must lend growers perhaps as much as $100,000,000 to carry over their surplus. The Adjustment Act requires loans to farmers whenever prospective production rises above "normal" domestic and foreign demand (751,000,000 bushels...
...home Japan finds the estimated $4,000,000-a-day cost of the war a severe strain on her finances. Main sections of the National Mobilization Act, placing all phases of the national life under government control, have had to be invoked...
...Government. Chief Administration argument was that since aviation is so closely related to national defense, its control ought to be centred where the President and his State, War and Navy Departments could keep an eye on it. Both bills were passed, and from joint committee conferences the Civil Aeronautics Act of 1938 emerged with most of the Administration-backed features retained. But one last safeguard against complete White House domination of the authority had been stamped on the final draft by Pat McCarran. No member of the authority except its administrator may be dismissed except for inefficiency, neglect of duty...
...prevent a recurrence of the situation that brought about the 1934 Black inquiry, when the Errett Cord interests half-cornered the airmail subsidy of $16.500.000, holding 13 of 26 contracts through mergers and consolidations, the Act forbids mergers, interlocked directorates and subleasing of carrier contracts without consent of the authority...