Republican (fascist/socialist) Hoover—without a constitutional amendment—signs the Agricultural Marketing Act, establishing the Federal Farm Board with a capitalization of 500,000,000 Dollars, in an effort to halt the downward spiral in food prices.

       [restored 6/29/2022]

Subsequent Events:

12/15/1929                    5/12/1933

Authority:

“Law of the Jungle”
ccc-2point0.com/preface

References:

Calvin D. Linton, ed. The Bicentennial Almanac: 200 Years of America, 1776-1976, (Nashville, Tennessee: Thomas Nelson, 1975), 321.

Agricultural Marketing Act of 1929 – Wikipedia
en.wikipedia.org/wiki/Agricultural_Marketing_Act_of_1929

Current U.s. National Debt:

$36,167,124,467,492

Source