Cotton Futures Act
The Cotton Futures Act of 1914 authorized the United States Department of Agriculture to establish physical standards as a means of determining color grade, staple length and strength, and other qualities and properties for cotton. It was intended to minimize speculative manipulation of the cotton market. The Act was rendered unconstitutional in Federal district court because it originated in the Senate. As a revenue act, it should have been drafted in the House. It was replaced by the Cotton Futures Act of 1916.
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Cotton Futures Act
The Cotton Futures Act of 1914 authorized the United States Department of Agriculture to establish physical standards as a means of determining color grade, staple length and strength, and other qualities and properties for cotton. It was intended to minimize speculative manipulation of the cotton market. The Act was rendered unconstitutional in Federal district court because it originated in the Senate. As a revenue act, it should have been drafted in the House. It was replaced by the Cotton Futures Act of 1916.
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The Cotton Futures Act of 1914 ...... he Cotton Futures Act of 1916.
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Wikipage page ID
20,208,217
Wikipage revision ID
712,784,851
cite public law
conferencedate
1914-07-27
effective date
1914-08-18
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An Act to tax the privilege of ...... ivery, and for other purposes.
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Cotton Futures Act of 1914
passedbody
passeddate
1914-07-27
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Cotton Futures Act
signeddate
1914-08-18
signedpresident
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The Cotton Futures Act of 1914 ...... he Cotton Futures Act of 1916.
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Cotton Futures Act
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