44. Ag8/2:C82/19
COTTON AND GRAIN FUTURES ACT

STANFORD

LIBRARIES
HEARINGS

P59-56
BEFORE THE
COMMITTEE ON AGRICULTURE AND FORESTRY

UNITED STATES SENATE
SEVENTY-FIRST CONGRESS

THIRD SESSION

ON

S. 3420
A BILL TO AMEND AND REENACT THE ACT OF AUGUST
11, 1916, KNOWN AS THE UNITED STATES

COTTON FUTURES ACT I VE

S. 4129
A BILL TO PREVENT THE SALE OF COTTON AND GRAIN

IN FUTURE MARKETS
DE
AND P

ROSLAV
S. 5542
A BILL TO AMEND THE GRAIN FUTURES ACT

COMMITTEE ON AGRICULTURE AND FORESTRY

CHARLES L. McNARY, Oregon, Chairman GEORGE W. NORRIS, Nebraska.

ELLISON D. SMITH, South Carolina. ARTHUR CAPPER, Kansas.

JOSEPH E. RANSDELL, Louisiana. PETER NORBECK, South Dakota.

JOHN B. KENDRICK, Wyoming. LYNN J. FRAZIER, North Dakota.

J. THOMAS HEFLIN, Alabama. ARTHUR R. GOULD, Maine.

THADDEUS H. CARAWAY, Arkansas. JOHN THOMAS, Idaho.

BURTON K. WHEELER, Montana. H. D. HATFIELD, West Virginia.

ELMER THOMAS, Oklahoma.
JOHN G. TOWNSEND, JR., Delaware.
FREDERIC C. WALCOTT, Connecticut.

HENRIK SHIPSTEAD. Minnesota

HELEN K. KIEFER, Clerk
II

CONTENTS

Statement of —

Pago

Hon. Arthur Capper, a Senator from the State of Kansas --------- 99

J. W. T. Duvel, in charge of Grain Futures Administration, Depart-

ment of Agriculture, Washington, D. C-------

--------- 32, 47

Ed. A. O'Neal, president Alabama Farm Bureau and vice president

American Farm Bureau Federation -----

C. B. Rader, Secretary Merchants Exchange, St. Louis, Mo--------

Frank A. Theis, president Kansas City Board of Trade, Kansas City,

Mo----------

John Vesecky, president the Southwest Cooperative Wheat Growers'

Association, Kansas City, Mo-------

Philip B. Weld, president New York Cotton Exchange------------

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