The Seeds of the Agricultural Adjustment Act

From the 1930 blog:

"Two Farm Board members say will concentrate on controlled production and cooperative marketing by producers as “sole salvation for American farm industry.”

It wasn't clear to people at the time, but clearly the AAA was evolving from the lessons learned in the Hoover Administration--Hoover tried price support loans through the Farm Board and voluntary reductions through jawboning, but it didn't work. 2 1/2 years later the AAA would provide for the loans, but with mandatory reductions of production.