Word: toed
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Dates: during 1920-1929
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After Mr. Barnes had testified, Chairman Legge publicly corrected him: "The Board did not alter its policies as a result of the hearing given the grain trade nor has the board agreed to submit its policies to the grain trade before action. . . . I don't think Mr. Barnes intended...
What caused widest concern among farm cooperative leaders was the revelation by Chairman Legge of how his Board would handle future wheat loans: The Board would advance its funds to the National Farmers Grain Cooperative at 3½% which in turn would farm out in smaller loans to individual cooperatives...
First to flay Farm Board Chairman Legge for his conference with Chairman Barnes was Chairman Caraway of the Senate Lobby Committee who wrote him:
"Your announcement is a surrender to these grain people . . . a disclaimer of any intention of a desire to be helpful to cooperative associations and a determination to disregard both the spirit and intent of the law. . . . If the policy of the board is to be determined in secret meetings with...
Convalescing rapidly from the Lobby Committee's surgery, Mr. Barnes busied himself about his duties as Chairman of the Hoover Business Committee. He announced appointment of 140 representatives of widely assorted businesses, from soap to steel, from gravel to groceries, as his committee's advisory body. Their task...