NEW FARM PLAN FOR U.S.
500,000,000 DOLLARS EXPENDITURE MARKETING QUOTAS AND ACREAGE REDUCTION (UNITED PEES 3 ASSOCIATION —COPTBIGHT.) (Received December 12, 8.20 p.m.) WASHINGTON, December 10. The House of Representatives, by 268 votes to 129, approved a permanent farm measure designed to control the production and stabilise the prices of wheat, maize, and other staple products. The bill offers payments to farmers co-oper-ating in acreage reduction, imposes marketing quotas with penalty taxes on commodities marketed in excess of such quotas, and authorises loans on surplus crops. The measure involves a minimum expenditure of 500,000,000 dollars a year.
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Bibliographic details
Press, Volume LXXIII, Issue 22274, 13 December 1937, Page 10
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97NEW FARM PLAN FOR U.S. Press, Volume LXXIII, Issue 22274, 13 December 1937, Page 10
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