Word: cottons
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Dates: during 1930-1939
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...long-term private venture is the 2,100-acre farm at Hillhouse, Miss., bought at $5 an acre by Reformer Sherwood Eddy, established as a colony last spring. On it, already farming 400 acres of cotton, are 24 "cropper"' families. Free to organize if they choose, they will receive "model contracts" for "furnish" at 5% interest per annum, will draw up their own self-government regulations, child labor laws. First half of the net return on the crop will go toward retiring the capital investment. The other half will be apportioned to the workers on the quality and quantity...
...intent to give each and every patron a valid option to buy a particular dog. If such patrons choose to flaunt [sic] his good intentions and buy options to line their pockets with unholy gains they cannot thereby make a criminal out of him. Were the rule otherwise, every cotton and commodity broker or dealer in the land would be in jail before nightfall. Does anyone suppose that the delicatessen dealer who buys an option on 500 bales of cotton ever intends to take delivery of it or that the salesgirl who acquires a future in 1,000 bushels...
...Securities & Exchange Commission. It is merely the old Grain Futures Administration under a new name, members being the Secretary of Agriculture, the Secretary of Commerce and the Attorney General. Its purview was broadened from grains, sorghums and flax to include rice, mill feeds, butter, eggs, potatoes and, more important, cotton. But entirely ignored by the Act were such commodities as coffee, sugar, cocoa, rubber, silk, tin, hides...
Signing of the measure last week passed unnoticed by the commodity markets affected. Indeed, cotton went above 12? per Ib. for the first time since last January; wheat closed the week with a 6? gain at 94? per bu. President Robert P. Boylan of the Chicago Board of Trade diplomatically announced: "Directors of the Board of Trade have no reason to anticipate other than a fair and reasonable administration...
...farm aid bill differs from the invalidated AAA program in that it (1 double the benefits to farmers, 2 includes only cotton and grain, 3 provides that benefits be pai only to those who sign contracts with the Government, 4 provides benefits on the bas of total yield per acre, 5 will pay benefits on the basis of soil control...