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Newspaper
Whitewright Sun
Location
Whitewright, Texas, United States of America
Date
Aug 24, 1939
Page
7
Washington reports a surplus squeeze as some 400000 bales of cotton leave government loan stocks while prices rise on scarce marketable lint. The Agriculture Department notes loans on 14536000 bales since 1934 35 totaling 767168000 with 550549000 outstanding after the last marketing year.
Washington announced that more than four million farmers in the government's crop control program will receive 10 percent less in 1939 benefit checks to share a $500 million fund. The cut affects about two million cotton farmers, several thousand rice and tobacco growers, and about two million more in ten north central states.
The text notes that the figure now surpasses the usual 13,000,000 benchmark and that the current price is above the point where a loan would become mandatory, signaling a shift in financial thresholds.
Attorney General Gerald Mann ruled last week that the Texas Highway Commission could reinstate all 327 employees cut by Governor W Lee O Daniel s mock veto. The veto action was stage play with no real budget impact, and the department retains discretion to allocate funds for highway maintenance.
The passage notes machines can perform add, subtract, multiply, and divide and handle many mathematical tasks, yet stumble on managing a husband and wife joint checking account. It highlights the gap between computing power and practical financial management.
The piece extols trench silos as easy to build and cheap to fill, citing Texas and Southwest use, FSA guidance, and tips to store sorghum and other feed. It notes sloped walls prevent spoilage, and that ensilage pairs best with dry hay and cottonseed meal for full nutrition.
A 12 ton cheese masterpiece was poured in New York State in a historic production display. Officials hailed the milestone as a record for dairy processing and regional food industry achievement.
COLLEGE STATION First batches of a scheduled 24 million dollars in 1939 cotton price adjustment payments going to about 30 000 cotton producers in 31 counties this week. The 1.6 cents per pound payment on the 1939 yield adds purchasing power equivalent to roughly 600 000 bales at current prices. Delta County leads Texas with 39 102 37 in receipts. list of other counties follows. This is the first year AAA payments are current with the program.
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