What President Hoover and his Cabinet called "a happy idea" took tangible form last week when Germany offered to buy 600,000 of the Federal Farm Board's 1,300,000 bales of cotton on long term credits. But even before the State Department had transmitted the German proposal to the Board, Washington resounded with vehement protests from the cotton-growing south. Led by mumbly Senator Smith of South Carolina and bushy-browed Senator Harris of Georgia, cotton men declared that the German market by rights belonged to the 1931 crop now coming in, not to the 1930...
To continue reading:
or
Log-In
