McNary-Haugen Farm Relief Bill

E124717

The McNary-Haugen Farm Relief Bill was a proposed 1920s U.S. agricultural price-support measure aimed at stabilizing farm incomes by having the government buy and export surplus crops.

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Label Occurrences
McNary-Haugen Farm Relief Bill canonical 2

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Statements (48)

Predicate Object
instanceOf agricultural price-support proposal
proposed United States federal legislation
appliesToJurisdiction United States of America
surface form: United States
country United States of America
surface form: United States
designedToAddress farm foreclosures
low farm prices
rural economic distress
economicContext post–World War I agricultural depression
field agricultural policy
economic policy
hasEffect would have arranged export of surplus agricultural commodities
would have maintained domestic prices at a target level
would have required federal government to purchase surplus farm products
hasGoal raise agricultural commodity prices
reduce agricultural surpluses
stabilize farm incomes
hasPoliticalAlignment progressive farm bloc
historicalPeriod Roaring Twenties
influenced Agricultural Adjustment Act of 1933
later New Deal agricultural policies
introducedIn United States Senate
legislativeBody United States Congress
legislativePeriod Coolidge administration
surface form: Calvin Coolidge administration
legislativeProcess passed Congress but vetoed
mainSubject farm income stabilization
farm price supports
namedAfter Charles L. McNary
Gilbert N. Haugen NERFINISHED
opposedBy Calvin Coolidge
Herbert Hoover
Secretary of Commerce Herbert Hoover
business interests
urban consumers
outcome vetoed by President Calvin Coolidge
partOf United States farm relief debates of the 1920s
proposedIn 1920s
regulates agricultural commodity markets
sponsor Charles L. McNary
Gilbert N. Haugen NERFINISHED
status not enacted
supportedBy Midwestern farmers
farm organizations
progressive Republicans
topic export subsidies
government intervention in agricultural markets
price stabilization
typeOfAction price-support mechanism
uses equalization fee on farm commodities

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Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.

Charles L. McNary notableWork McNary-Haugen Farm Relief Bill
Charles L. McNary coAuthorOf McNary-Haugen Farm Relief Bill