The Cotton Futures Act of 1916 required the principal, meaning the exact type and grade of cotton, be given to the government upon sale at a cotton exchange, so that the USDA could keep track of what was being grown and where. It replaced the Cotton Futures Act of 1914, which was ruled unconstitutional.
Other short titles |
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Long title | An Act making appropriations for the Department of Agriculture for the fiscal year ending June thirtieth, nineteen hundred and seventeen, and for other purposes. |
Enacted by | the 64th United States Congress |
Effective | August 11, 1916 |
Citations | |
Public law | Pub. L. 64–190 |
Statutes at Large | 39 Stat. 476 |
Codification | |
Titles amended | 7 U.S.C.: Agriculture |
U.S.C. sections amended | 7 U.S.C. ch. 1 § 15b |
Legislative history | |
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