Word: cottons
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Dates: during 1930-1939
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...Orleans Cotton Exchange last week issued its annual report which concluded: "It is an inescapable conclusion that governmental policies, attempting to hold cotton prices above the world's ideas of values, are the principal and constantly accelerating cause of decreased consumption of the American staple...
...word of this would Secretary of Agriculture Wallace publicly admit. Nevertheless decreased consumption sharpened to a painful point the first estimate of the U. S. cotton crop for 1935 given out the following day by Secretary Wallace's department. Forecast was a production of 11,800,000 bales. That estimate was well under the big crops of the late 1920's, but it was 2,100,000 bales larger than last year. With world consumption of U. S. cotton down to 12,250,000 bales, the chance of getting rid of any worthwhile portion...
...After waiting during the week for the return of South Carolina's "Cotton Ed" Smith, Chairman of the Senate Agriculture & Forestry Committee, from a trip home, conferees on the AAAmendments reached agreement when House members yielded most of the way on two Senate changes...
...Swift got injunctions in Chicago forbidding the Government to collect hog processing taxes. In Virginia, P. Lorillard (Old Golds) and Philip Morris opened suits against tobacco processing taxes. In Detroit, Denver and Kansas City Federal judges restrained the Government's tax collections. Processing taxes on wheat, corn, hogs, cotton, tobacco were contested. A temporary injunction against the operation of the Bankhead Cotton Act was issued in the Texas courts. All told, AAA found itself facing 705 court challenges, which meant that 705 processors were eager to maintain before the law that the Christmas gifts farmers have been getting...
Nonplussed Paris dinner guests of Mrs. Laurence Vincent Benét, U. S. wife of the Managing Director of La Societe Hotchkiss et Cie. (machine guns), aunt-in-law of the Poets Benét, reported that between cocktails and soup Hostess Benet served each female guest with a cotton puff on a silver waiter and a brief note: "Please dispose of your lipstick. ... I love and value my linen...