Word: crops
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Dates: during 1930-1939
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...Awaited a test of the constitutionality of the new AAA as it applies to tobacco. The five-month-old crop law was designed to keep up prices by sales quota for each tobacco region. On all tobacco sold over the quota there are penalty taxes of 50% of the market price or 3? a Ib. if the excess tobacco sold goes for less than 6?. Last week saw the opening of 1938 tobacco auctions in Georgia and Florida with the crop larger than last year (88,047,000 Ib.) and substantially higher than the quotas. Angry planters in both States...
...Announced wheat loans for the 1938 crop and the acreage allotment...
Pharaoh of Egypt thought so highly of Joseph for inventing the ever-normal granary plan of crop control that he freed him from jail, made him governor. Although the scheme worked well enough then, it has taken thousands of years, millions of dollars and Secretary of Agriculture Henry A. Wallace to put it on the grand scale. After four years Secretary Wallace finally succeeded in getting Congress to adopt the plan in the Agricultural Adjustment Act of 1938. Last week his emissary to the International Wheat Conference in London ambitiously proposed putting the granary plan on a world-wide basis...
...Washington, Secretary Wallace had just fixed wheat loans for the 1938 crop and the acreage allotment for next year (55,000,000 acres, compared with about 80,000,000 actually seeded this year). Figured on the basis of 52% of the present farm parity price of wheat ($1.14 a bu.), the loans will average about 60? a bu. at the farm. The 1938 crop estimated at 967,000,000 but, will be the second largest on record, and Commodity Credit Corp. has set aside $100,000,000 for the loans. Purpose of the loans is to let farmers keep their...
...1850s. As one Utopia failed, the Utopians, dogged, idealistic, excitable, looked round for new capital, moved to the next county, started another Utopia. Most Utopians came from the cities and were bad farmers. Most of them acquired too much land, which was foreclosed at the first slim crop. New Harmony, in Posey County, Ind., had seven successive constitutions, failed both under a dictatorship and when it split into ten separate communities. Some communities died out because they did not believe in having children. Others that believed in Free Love were smashed by vigilantes. Some broke up in quarrels about property...