Federal Farm Board

The Federal Farm Board was actually created in 1929, before the stock market crash on Black Tuesday (October 29, 1929), but its powers were later enlarged to meet the economic crisis farmers faced during the Great Depression. It was established by the Agricultural Marketing Act of 1929 from the Federal Farm Loan Board established by the Federal Farm Loan Act of 1916, with a revolving fund of half a billion dollars^[1] to stabilize prices and to promote the sale of agricultural products. The board would help farmers stabilize prices by holding surplus grain and cotton in storage. The Farm Board was part of Herbert Hoover's response to the Great Depression.

Executive Order 6084 of March 26, 1933, effective May 27, 1933, changed its name to the Farm Credit Administration, abolished the functions vested in Federal Farm Board by section 9 of Agricultural Marketing Act, abolished the functions of Secretary of Agriculture and Secretary of Treasury as members of Board, and abolished the offices of appointed members of Federal Farm Board, except that of Chairman, which title was changed to Governor of Farm Credit Administration.

References

↑ Chapter 4: Crisis and Activism: 1929-1940, United States Government Printing Office

Herbert Hoover

31st President of the United States (1929–1933) 3rd United States Secretary of Commerce (1921–1928)

Presidency	1929 inauguration Hoover Dam Federal Farm Board Wall Street Crash of 1929 Hooverville Bonus Army Banana Wars U.S. occupation of Nicaragua U.S. occupation of Haiti London Naval Treaty Hoover Moratorium Stimson Doctrine Cabinet Medicine Ball Cabinet Hooverball State of the Union Address, 1929 1930 Judicial appointments Supreme Court

Other events	Sons of Gwalia mine Zinc Corporation Commission for Relief in Belgium University Foundation Belgian American Educational Foundation American Relief Administration Russian Famine Relief Act U.S. Food Administration Commission for Polish Relief Finnish Relief Fund Hoover Commission

Life	Early life Birthplace and childhood home National Historic Site Hoover–Minthorn House Lou Henry Hoover House Rapidan Camp

Legacy	Presidential Library, Museum, and gravesite Hoover Institution Library and Archives Hoover Tower Hoover Institution Herbert C. Hoover Building U.S. Postage stamp Hoover Medal Hoover Chair Hoover Field

Books	Freedom Betrayed English translation of De re metallica

Elections	Republican National Convention, 1920 1928 1932 1940 United States presidential election, 1928 1932

Family	Lou Henry Hoover (wife) Herbert Hoover, Jr. (son) Allan Hoover (son) Margaret Hoover (great-granddaughter) Jesse Hoover (father) Hulda Randall (Minthorn) Hoover (mother)

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