Stimson Doctrine. In 1932, the policy declared in a note to Japan and China that the US would not recognize any international territorial changes brought about by force. It was enacted after Japan’s military seizure of Manchuria in 1931.

Reconstruction Finance Corporation

The president of the United States from 1929 to 1932 He was a republican who ran on a campaign of prohibition and prosperity. The early years of his presidency brought about a great deal of prosperity for the United States. Many people blamed him for the stock market crash.

-McNary-Haugen Bill: called for federal prices supports- the support of certain price levels at or above market values by the govt. – for key products. Congress passed the bill twice, in 1927 & 1928, but each time President Coolidge vetoed it.

Terms in this set (19) Congress tried to help out farmers with a piece of legislation called the McNary-Haugen bill. This called for federal price supports for key products such as wheat, corn, cotton, and tobacco. The government would buy surplus crops at guaranteed prices and sell them on the world market.

The McNary–Haugen Farm Relief Act, which never became law, was a controversial plan in the 1920s to subsidize American agriculture by raising the domestic prices of farm products. The plan was for the government to buy the wheat and then store it or export it at a loss.

“Farmers” were the people among the choices given in the question that the McNary-Haugen Bill help.

Explanation: He favored a hands on approach with limited government involvement best describes president Hoover’s economic approach to the early years of the depression.

In the U.S., the first step for agricultural marketing was initiated by the Agricultural Marketing Act of 1929. The Act was introduced as a measure to stop the downward twisting of crop prices. The Act sought to help farmers in buying, selling, and storing agricultural surpluses.

The Agricultural Marketing Act of 1929, under the administration of Herbert Hoover, established the Federal Farm Board from the Federal Farm Loan Board established by the Federal Farm Loan Act of 1916 with a revolving fund of half a billion dollars.

In the alphabet soup of agencies, several were intended to help farmers, and the impact of these New Deal programs continues today.

• AAA, the Agricultural Adjustment Act of 1933.
• CCC, the Civilian Conservation Corps of 1933.
• FSA, the Farm Security Administration of 1935 and 1937.
• SCS, the Soil Conservation Service of 1935.

President Hoover wanted the government to help farmers use their own organizations to market produce more efficiently and adjust to demand. The Agricultural Marketing Act of 1929 created a Federal Farm Board with $500 million at its disposal to help existing farm organizations and to form new ones.

Authorized to help farmers stabilize prices by temporarily holding surplus grain and cotton in storage.

The Agricultural Adjustment Act (AAA) was a United States federal law of the New Deal era designed to boost agricultural prices by reducing surpluses. The government bought livestock for slaughter and paid farmers subsidies not to plant on part of their land.

The FCA and the Farm Credit Act proved to be integral parts of the overall New Deal effort to save, stabilize and improve America’s farms – efforts which also included price controls, soil conservation, and rural electrification. And, as farming revived during and after World War II, most federal loans were repaid [9].

The Farm Credit Administration is an independent federal agency that regulates and examines the banks, associations, and related entities of the Farm Credit System (FCS), including the Federal Agricultural Mortgage Corporation (Farmer Mac).