Word: ibs
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...Hogs (Ib...
...Butter (Ib...
...Lambs (Ib...
...processors were expected to pass on to consumers, must "equal the difference between the current average farm price for the commodity and [its] fair exchange value"- that is, pre-War parity. Thus the wheat processing tax last month would have been around 56? per bu., the cotton 7? per Ib., the beef 2¢ per Ib. Such taxpayers were made eligible to borrow the necessary funds from R. F. C. Processors of farm products for export were to get tax refunds. If the public tried to dodge the tax on cotton, for example, by turning to rayon, silk or linen...
...Secretary's power to control and monopolize food distribution sprang from his authority to make agreements with producers, processors and marketers in interstate commerce. He could summon packers, order them to pay not less than 7? per Ib. for hogs. If the packers consented to combine to up the market price, the processing tax might be waived...