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San Antonio Light in San Antonio, Texas

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

San Antonio Light

Location

San Antonio, Texas, United States of America

Date

Apr 20, 1934

Page

4

Bankhead Cotton Control Bill Described by Senator

Senator John Bankhead explains the cotton control measure approved by both houses and sent to the President. The plan empowers allotments by county agencies, sets a 5 to 9 percent tax scale on lint cotton, and requires exemption certificates. It aims to limit production, raise prices, and prevent bootlegging while detailing penalties for excess cotton and procedures for tax payment and storage.

Congress Actions Reported In Senate and House Debates

Senate debates air mail legislation as investigators continue hearings. Banking committee reviews stock exchange bill while Ways and Means program faces action. Commerce panel examines proposals. House advances miscellaneous business and District of Columbia appropriation bill. Banking committee backs state taxation of national banks and merchant marine panel approves requirement for 80 percent of goods in American ships financed by trade agreements.

Hy the Associates Senate Banking Committee House Commerce Ways and Means Committee District of Columbia Merchant Marine Committee

City to hold largest federal civil service stenography exam

Plans are underway to conduct the citys largest federal civil service examination for stenographer junior and senior grades on May 5 in one session. About 350 local applicants are expected, with testing to be partly at Draughons Business College due to the high turnout. Cards for mailing are being prepared as notices go out.

TR. M. Luckenbach Luckenbach Draughon Business College

Government policy on cotton surpluses and price support

In this speech the speaker argues that the tax and ginning limits could control surplus cotton and stabilize prices. The government aided growers by rental payments and loans to peg prices at ten cents per pound, with equity tied to about ten million bales under loans. The speaker urges cooperation to keep production under limits and urges leaving excess cotton in the field to ease prices nationwide.

Wales

Also Mentioned on This Page

Bankhead John Co-Arthur Washington, D.C Washington Secretary of Agriculture C. A. Cobb Coblon Punteeriz Anx Associated Dress Colton United States Secretary of the Treasury Commissioner of Internal Revenue Sears Fen Atlee Roebuck and Co Congress Pri Magic Buyer Grant Belle Palr Ata Wt.crant CO Houston ST
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