Today In History- February 16

Today In History- February 16

TOPIC

FDR signs Agricultural Adjustment Act.

FDR continues passage of New Deal legislation with assistance for farmers.

  • Washington D.C., USA

As part of his aggressive campaign to eradicate the Great Depression, on Feb. 16, 1938, U.S. President Franklin Delano Roosevelt signed the Agricultural Adjustment Act.  This aggressive legislation restricted production during the New Deal by paying farmers to reduce crop area.  By reducing the crop surplus, the value of crops was effectively raised, thus ensuring the stability of farmers.


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Created:
1/17/2008
Modified:
7/19/2011
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