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1920-21
Sharp postwar recession 1922-29
Speculative boom
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1920s
Agricultural surpluses become the chief agricultural issue 1920
Collapse of agricultural prices 1921-40
Long-term agricultural depression
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1920
Total
population: 105,710,620; farm population: 31,614,269; farmers 27%
of labor force; Number of farms: 6,454,000; average acres: 148
1924
Immigration Act greatly reduces number of new immigrants
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1920-29 Commercial
fertilizer use: 6,845,800 tons/year 1920-40
Farm production gradually grows from expanded use of mechanized power
1926
Cotton-stripper developed for High Plains; successful light tractors
developed 1928
Otto Rohwedder introduced his bread-slicing machine
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1926
Ceres wheat distributed; first hybrid-seed corn company organized;
Targhee sheep developed
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1920s
Truckers begin to capture trade in perishables and dairy products
1921
Federal Government gives more aid for farm-to-market roads 1925
Hoch-Smith Resolution requires the Interstate Commerce Commission
(ICC) to consider agricultural conditions in setting railroad rates
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1920-29 Agricultural
exports: $1.94 billion/year or 42% of total exports 1921-22
Tariff acts raise rates for agricultural and other imports
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1920s
Movie houses become common in rural areas 1921
Radio broadcasts begin
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1920s
Farm organization set up strong lobbies in Washington 1920-32
Cooperative movement spreads 1922
Capper-Volstead Act gives cooperatives legal standing 1925
Beginning of the Master Farmer movement 1929
National Council of Farmers Cooperatives organized
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1920 31,000
students enrolled in agricultural courses 1924
Clark-McNary Act provides for forestry extension work 1925
Purnell Act provides for economic and sociological research to be
carried out by the experiment stations 1925-45
Basic research done in land-grant colleges lays groundwork for second
agricultural revolution 1928
Future Farmers of America founded
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1914
Cotton Futures Act
1916
Federal Farm Loan Act
1917
Food Control and Production Acts
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