PRODUCE PRICES.
American Measures to Help
Farmer,
AMENDING LEGISLATION.
(Received 9.30 a.m.)
WASHINGTON, July 24
The Senate yesterday, by 04 votes to 15, passed the Agricultural Adjustment Act Amendment Bill. It was much cut and patched, but it broadens and bolsters the Government's programme for increasing farm produce prices. The two main purposes of the bill are that the Secretary of Agriculture, with new weapons, shall push farm prices to a parity with prices of other commodities, either by a processing tax or marketing and crop control agreements, and, secondly, to prepare for the time when the Supreme Court will pass judgment on the validity of the programme under the main Act. The bill validates all processing taxes heretofore imposed and ratifies them at the present levels. It legalises all the benefit contracts under which farmers have been paid about 700,000,000 dollars.
The measure bad been already passed by the House of Representatives, and now goes back to it for consideration of the Senate's changes.
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Bibliographic details
Auckland Star, Volume LXVI, Issue 174, 25 July 1935, Page 7
Word Count
165PRODUCE PRICES. Auckland Star, Volume LXVI, Issue 174, 25 July 1935, Page 7
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