AGRICULTURAL ADJUSTMENT ACT OF 1933

  

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AGRICULTURAL ADJUSTMENT ACT OF 1933

Specialty Definition: AGRICULTURAL ADJUSTMENT ACT OF 1933

DomainDefinition

Agriculture

P.L. 73-10 (May 12, 1933) was the New Deal initiative to assist the farm sector during the Great Depression. This was the first comprehensive effort to raise and stabilize farm prices and income. The law created and authorized the Agricultural Adjustment Administration to (1) enter into voluntary agreements to pay farmers to reduce production of designated "basic" commodities (cotton, wheat, corn, rice, tobacco, hogs, and milk), (2) to make advance payments to farmers who stored crops on the farm, (3) to create marketing agreements between farmers and middlemen, and (4) to levy processing taxes to pay for production adjustment and market development. The Commodity Credit Corporation (CCC) was incorporated under the laws of the state of Delaware on October 17, 1933, to carry out financial activities, including making nonrecourse loans on the basic crops. Support for other commodities was authorized upon recommendation by the Secretary with the President's approval. Commodity loan programs carried out by the CCC for 1933-37 included cotton, corn, rosin, turpentine, tobacco, peanuts, dates, figs, and prunes. The provisions for production control and processing taxes in the Act were later declared unconstitutional in the Hoosac Mills decision of 1936. Congress responded by adopting the Soil Conservation and Domestic Allotment Act of 1936, the Agricultural Marketing Act of 1937, and the Agricultural Adjustment Act of 1938, all of which remain as permanent law. (AAA). (references)

Source: compiled by the editor from various references; see credits.

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Alternative Orthography: AGRICULTURAL ADJUSTMENT ACT OF 1933


Hexadecimal (or equivalents, 770AD-1900s) (references)

41 47 52 49 43 55 4C 54 55 52 41 4C      41 44 4A 55 53 54 4D 45 4E 54      41 43 54           4F 46      31 39 33 33

Leonardo da Vinci (1452-1519; backwards) (references)

                    

Binary Code (1918-1938, probably earlier) (references)

01000001 01000111 01010010 01001001 01000011 01010101 01001100 01010100 01010101 01010010 01000001 01001100 00100000 01000001 01000100 01001010 01010101 01010011 01010100 01001101 01000101 01001110 01010100 00100000 01000001 01000011 01010100 00100000 00100000 01001111 01000110 00100000 00110001 00111001 00110011 00110011

HTML Code (1990) (references)

&#65 &#71 &#82 &#73 &#67 &#85 &#76 &#84 &#85 &#82 &#65 &#76 &#32 &#65 &#68 &#74 &#85 &#83 &#84 &#77 &#69 &#78 &#84 &#32 &#65 &#67 &#84 &#32 &#32 &#79 &#70 &#32 &#49 &#57 &#51 &#51

ISO 10646 (1991-1993) (references)

0041 0047 0052 0049 0043 0055 004C 0054 0055 0052 0041 004C      0041 0044 004A 0055 0053 0054 004D 0045 004E 0054      0041 0043 0054           004F 0046      0031 0039 0033 0033

Encryption (beginner's substitution cypher): (references)

3541524337554654555235462353844555354473948542353754224940219272121

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INDEX

1. Orthography
2. Bibliography


  

Copyright © Philip M. Parker, INSEAD. Terms of Use.