Warehouse Act Of 1916
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Warehouse Act Of 1916
The Warehouse Act of 1916 permitted Federal Reserve member banks to give loans to farmers on the security of their staple crops which were kept in Federal storage units as collateral. Advocacy of 1916 Warehouse Act United States President Woodrow Wilson proposed the Warehouse Act at a political nomination convention in Sea Girt, New Jersey on September 2, 1916: Amendments to 1916 Act U.S. Congressional amendments to the Warehouse Act. See also :Combine harvester :Grain elevator : Grain Futures Act :Grain Standards Act of 1916 The United States Grain Standards Act (USGSA) of 1916 (P.L. 64-190), as amended (7 U.S.C. 71 et seq.), authorizes the Grain Inspection, Packers and Stockyards Administration to establish official marketing standards (not health and safety standar ... References External links * * * * * 1916 in American law United States federal legislation {{US-law-stub ...
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Agriculture
Agriculture is the practice of cultivating plants and livestock. Agriculture was the key development in the rise of sedentary human civilization, whereby farming of domesticated species created food surpluses that enabled people to live in cities. The history of agriculture began thousands of years ago. After gathering wild grains beginning at least 105,000 years ago, nascent farmers began to plant them around 11,500 years ago. Pigs, sheep, and cattle were domesticated over 10,000 years ago. Plants were independently cultivated in at least 11 regions of the world. Industrial agriculture based on large-scale monoculture in the twentieth century came to dominate agricultural output, though about 2 billion people still depended on subsistence agriculture. The major agricultural products can be broadly grouped into foods, fibers, fuels and raw materials (such as rubber). Food classes include cereals ( grains), vegetables, fruits, oils, meat, milk, eggs and fungi. Over ...
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