Substitute plan for triple A proposed with reader comments
A Telegraph reader proposes a Wheat Peg plan to replace the AAA. It outlines pegged domestic prices, export options, and bonded wheat rights, with single market points and simple records at country elevators. The plan favors farmer autonomy and warns against acreage cuts and centralized control.
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Supreme Court voids AAA program and limits federal tax power
A Supreme Court ruling declares the Agricultural Adjustment Act unconstitutional, blocking federal methods to raise farm prices via production limits and processing taxes. The decision challenges the federal government's taxing power and states’ reserved rights, prompting plans for a congressional substitute and possible direct appropriations to farmers.
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