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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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.
MENTIONED IN THIS ARTICLE
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