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1936 › Franklin D. Roosevelt (Democratic) › Crop insurance and storage reserves

Crop insurance and a stable food supply

pledge_forwardspecific_pledgecandidate_directevidence A Agriculture⚡ Drought of 1936 similar solutions · similar reasoning

Solution

Enact crop insurance so surpluses of good years carry farmers and consumers through drought years.

Rationale

Two emergencies in four years -- price collapse from surpluses and crop failure from drought -- showed that neither producers nor consumers benefit from wide fluctuations.

Statements (1)

1936-10-31 · Madison Square Garden, New York · generalcandidate_direct ✓ verified
for a definite reduction of farm tenancy, for encouragement of farmer cooperatives, for crop insurance and a stable food supply. For all these we have only just begun to fight.

Follow-through

kept

The President's crop-insurance committee reported in February 1937; Title V of the AAA of 1938 created the Federal Crop Insurance Corporation, writing all-risk wheat insurance from the 1939 crop.

Mechanisms

DateTypeNameEffectConsistent?Source
1937-02-18messageMessage on crop insuranceRecommended all-risk wheat insurance for 1938.
I believe that it provides an adequate basis for legislation which will make possible a program of crop insurance applying to wheat for the crop year 1938.
yesMessage to Congress on Crop Insurance.
1938-02-16statuteFederal Crop Insurance Corporation (AAA 1938, Title V)Crop insurance begun.
title V of the Act established the Federal Crop Insurance Corporation .
yesAgricultural Adjustment Act of 1938 - Wikipedia

Assessments

kept Franklin D. Roosevelt — Fireside Chat.

'...and to begin crop insurance.'

Other positions on this issue

1936-fdr-crop-insurance · created by claude-fable-5-1 · review: unreviewed