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The Commodity Credit Corporation, or CCC, is an agency of the U.S. Department of Agriculture created on October 17, 1933. President Franklin Delano Roosevelt issued Executive Order 6340 the day before, which ordered the creation of the CCC as a Delaware corporation. The corporation had an original capitalization of $3,000,000, subscribed by the Secretary of Agriculture and the Governor of the Farm Credit Administration. The U.S. Department of Agriculture, also called the Agriculture Department, or USDA, is a Cabinet department of the United States Federal Government. ...
October 17 is the 290th (in leap years the 291st) day of the year according to the Gregorian calendar. ...
1933 was a common year starting on Sunday (link will take you to calendar). ...
Franklin Delano Roosevelt (January 30, 1882–April 12, 1945), 32nd President of the United States, the longest-serving holder of the office and the only man to be elected President more than twice, was one of the central figures of 20th century history. ...
A Delaware corporation is a corporation chartered in the state of Delaware in the United States. ...
The United States Secretary of Agriculture is the head of the United States Department of Agriculture concerned with land and food as well as agriculture and rural development. ...
The Farm Credit Administration was a New Deal agency established in 1933 to help farmers refinance mortgages over a longer time at lower than market interest rates. ...
On July 1, 1939 the Corporation was made a part of the Department of Agriculture. The Secretary of Agriculture was granted the authority to exercise all rights of ownership of the Corporation's stock by Executive Order 8219 of 1939. July 1 is the 182nd day of the year (183rd in leap years) in the Gregorian Calendar, with 183 days remaining. ...
1939 was a common year starting on Sunday (link will take you to calendar). ...
The Corporation was authorized, by its Delaware charter, to buy, sell, lend, and carry out other activities regarding agricultural commodities and products. This enabled the corporation to engage in operations for the purpose of influencing production, prices, supplies, and distribution of agricultural commodities. The Corporation is subject to specific limitations placed upon it by Congress. The Congress of the United States is the legislative branch of the federal government of the United States of America. ...
External links
- USDA, Farm Service Agency, Commodity Credit Corporation
- Executive Order 6340, from the Donnelly Collection, a project of The Conservative Caucus
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