Word: granted
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Dates: during 1930-1939
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Jere J. Nelson, Portland, Oregon--U. S. Grant High School, Portland...
...bill to limit crop production, produce an "ever-normal granary." In return for a promise to grant loans to Southern cotton growers, both House and Senate promised to make this the first item of business in their next session...
Flanked in later days by a line of resorts including Asbury Park and Bradley Beach, both developed by astute Mr. Bradley, Ocean Grove acquired in 1876 a big auditorium in which spoke not only religious leaders but Presidents of the U. S.-Grant, Garfield, McKinley, Roosevelt I, Taft, Wilson. Last week, when it reached the height of its most successful season since 1929, Ocean Grove was still a predominantly Methodist theopolis, one of a few communities left in the U. S. which are run on a strictly godly basis...
...parallel was obvious. The President had asked Congress for crop control legislation and had failed to get it. Now, with a bumper crop threatening to depress cotton prices, Southern Congressmen wanted him to use Commodity Credit Corporation's $135,000,000 kitty to grant farmers loans of 10? a lb. on their cotton and to peg the price at 12? a lb. Only assurance that such loans would be repaid lay, according to the President, in legislation to limit next year's crop. Before granting them he wanted as assurance the equivalent of a "banker's acceptance...
Three days later, as everyone had anticipated, the President announced that he would grant crop loans after all. To a delegation of the Senate's Agricultural Committee he promised to order the Commodity Credit Corporation to make loans of 9? or 10 ? a lb. on the new crop, pay farmers the difference between what they eventually get for their cotton and 12? a lb. Similar means will be taken to meet any serious price declines which may follow anticipated bumper crops in corn & other grains...