The Cotton Futures Act of 1914 authorized the

United States Department of Agriculture The United States Department of Agriculture (USDA) is the United States federal executive departments, federal executive department responsible for developing and executing federal laws related to farming, forestry, rural economic development, ...

to establish physical standards as a means of determining color grade, staple length and strength, and other qualities and properties for

cotton Cotton is a soft, fluffy staple fiber that grows in a boll, or protective case, around the seeds of the cotton plants of the genus ''Gossypium'' in the mallow family Malvaceae. The fiber is almost pure cellulose, and can contain minor perce ...

. It was intended to minimize speculative manipulation of the cotton market. The Act was rendered

unconstitutional Constitutionality is said to be the condition of acting in accordance with an applicable constitution; "Webster On Line" the status of a law, a procedure, or an act's accordance with the laws or set forth in the applicable constitution. When l ...

Federal district court The United States district courts are the trial courts of the U.S. federal judiciary. There is one district court for each federal judicial district, which each cover one U.S. state or, in some cases, a portion of a state. Each district cou ...

because it originated in the

Senate A senate is a deliberative assembly, often the upper house or chamber of a bicameral legislature. The name comes from the ancient Roman Senate (Latin: ''Senatus''), so-called as an assembly of the senior (Latin: ''senex'' meaning "the el ...

rather than the

House A house is a single-unit residential building. It may range in complexity from a rudimentary hut to a complex structure of wood, masonry, concrete or other material, outfitted with plumbing, electrical, and heating, ventilation, and air condi ...

. As a revenue act, it should have been drafted in the

. It was replaced by the

Cotton Futures Act of 1916 The Cotton Futures Act of 1916 required the principal, meaning the exact type and grade of cotton, be given to the government upon sale at a cotton exchange, so that the USDA The United States Department of Agriculture (USDA) is the federal ...

References

External links

* * 1914 in American law United States federal commodity and futures legislation Cotton industry in the United States {{US-fed-statute-stub