CONTROL OF AMERICAN CROP PRODUCTION
STABILIZATION OF PRICES (Received December 12, 6.30 p.m.) WASHINGTON, December 11. The House of Representatives by 268 votes to 129 approved a permanent farm measure designed to control production and stabilize the prices of wheat, maize and other staple products. The Bill offers payments to farmers co-operating in reduction of acreage and imposes marketing quotas, with penalty taxes on commodities marketed in excess of such quotas, and authorizes loans on surplus crops.
The measure involves a maximum expenditure of 500,000,000 dollars a year.
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Southland Times, Issue 23381, 13 December 1937, Page 5
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88CONTROL OF AMERICAN CROP PRODUCTION Southland Times, Issue 23381, 13 December 1937, Page 5
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