Effective August 11, 1916 Statutes at Large 39 Stat. 476 | Public law 64-190 | |
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Other short titles Agricultural Appropriations Act of 1917
Cotton Futures Amendments
Grain Standards Act
Grain Grades Amendment Long title An Act making appropriations for the Department of Agriculture for the fiscal year ending June thirtieth, nineteen hundred and seventeen, and for other purposes. Enacted by the 64th United States Congress | ||
The Cotton Futures Act of 1916 required the principal, meaning the exact type and grade of cotton, be given to the government upon sale at a cotton exchange, so that the USDA could keep track of what was being grown and where. It replaced the Cotton Futures Act of 1914, which was ruled unconstitutional.
References
Cotton Futures Act of 1916 Wikipedia(Text) CC BY-SA