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1932 › Franklin D. Roosevelt (Democratic) › Reorganization of the executive branch
Consolidate the seven federal farm-mortgage agencies under a single purpose
pledge_forwardspecific_pledgecandidate_directevidence A AgricultureBanking & FinanceExecutive Power similar solutions · similar reasoning
Solution
Ask Congress for "a complete reorganization of the means provided to operate in the field of agricultural finance," coordinating the at least seven federal and quasi-federal agencies dealing with farm mortgages so federal farm-credit policy "may be guided by a single purpose."
Rationale
Scattered agencies cannot be an effective aid to the farmer; policy must be concentrated in operation.
Statements (2)
Finally I propose consideration by Congress of the necessity for a complete reorganization of the means provided to operate in the field of agricultural finance.
Within my broad agricultural program I advocate the coordination of such agencies to the end that the Federal agricultural policy in regard to farm mortgages may be guided by a single purpose and be so concentrated in its operation that it may really become an effective aid to the farmer.
Follow-through
kept
Executive Order 6084 (March 27, 1933) consolidated the Federal Farm Board, Farm Loan Board, intermediate credit and agricultural credit functions into the Farm Credit Administration, ratified by the Farm Credit Act of June 16, 1933.
Mechanisms
| Date | Type | Name | Effect | Consistent? | Source |
|---|---|---|---|---|---|
| 1933-03-27 | message | Message on consolidation of federal farm credit agencies | yes | Message to Congress on Consolidation of Federal Farm Credit Agencies. | |
| 1933-06-16 | statute | Farm Credit Act of 1933 charted on: Cash receipts from farm marketings | yes | Message to Congress on Consolidation of Federal Farm Credit Agencies. |
Assessments
The consolidated Farm Credit agency became a major lender.
The Farm Credit Association, another offshoot of the RFC, lent more than a billion dollars to families to save their farms from foreclosure.
Other positions on this issue
- Reorganize the Department of Agriculture as the machinery for national agricultural planning — Franklin D. Roosevelt, 1932 specific_pledge
- A long-range plan consolidating the federal government's scattered public-health and welfare agencies — Franklin D. Roosevelt, 1932 specific_pledge
- Cooperate with Congress to reorganize agencies, abolish unnecessary ones and eliminate duplication — Alf Landon, 1936 directional_stance
1932-fdr-consolidate-farm-credit-agencies · created by claude-fable-5-1 · review: unreviewed