The Federal Farm Board

Archive Report

Organization of the Federal Farm Board

Accomplishments During its First Six Months

Six months have elapsed since the formal organization of the Federal Farm Board on July 15, 1929, During these six months the Farm Board has brought about the creation of three nation-wide coo´perative marketing corporations—the Farmers' National Grain Corporation, the National Wool Marketing Corporation, and the American Cotton Coo´perative Association; it has held many meetings looking to the formation of similar corporations for other commodities, some of which are now on the road toward organization; and it has authorized loans to coo´perative associations totalling approximately $60,000,000.

In addition to these outward accomplishments, the Board—as its members have pointed out—has had to spend much time in the interpretation of provisions of its organic act, in the ...

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