754 [CHAPTER 755] August 24, 1937
AN ACT [H. R. 8174]
To make available to each State which enacted in 1937 an approved unemploy- [Public, No . 353]
ment-compensation law a portion of the proceeds from the Federal employers' tax in such State for the year 1936 . Be it enacted by the Senate and House of Representatives of the United States o f America in Congress assembled, That there is here- by authorized to be appropriated for payment to the unemployment fund of each State or Territory which was not certified by the Social Security Board under section 903 of the Social Security Act on December 31, 1936, but which enacted in the year 1937 an unemploy- ment-compensation law approved by the Social Security Board under such section, an amount equal to 90 per centum of the proceeds of the tax paid on or before January 31, 1938, with respect to employ- ment in such State or Territory during the calendar year 1936 under title IX of such Act . Out of the sums appropriated therefor, the Secretary of the Treasury shall pay such amount, through the Division of Disbursement of the Treasury Department, to each such State unemployment fund . The terms used in this Act shall have the same meaning as identical terms in title IX of the Social Security Act . Approved, August 24, 1937 . Unemployment compensation . 49 Stat . 640. 42 U.S. C., Supp. II, § 1103. Payments author- ized to each State which in 1937 enacted an approved compen- sation law . Meaning of terms . August 24, 1937 [S.J. Res.207] [Pub. Res., No. 69] Program for relief and benefit of agri- culture . Preamble . 75TH CONGRESS, 1sT SESSION-CHS . 755, 756-AUGUST 24, 1937 [CHAPTER 7561 JO INT RES OLU TION Expressing the views of the Congress as to a program for the relief and benefit of agriculture . Whereas the whole Nation suffers when agriculture is depressed ; and Whereas the N ation has fe lt and still feels the un favora ble ec onomic consequences of two different kinds of misfortune in agriculture ; and Whereas the first of these misfortunes was the ruinous decline in farm prices from 1929 to 1932 ; and Whereas the second kind of misfortune was the drought of 1934 followed by the drought of 1936 ; and Whereas a permanent farm program should (a) provide not only for soil conservation but also for developing and improving the crop-adjustment methods of the Agricultural Adjustment Act, (b) p rotec t agr icul ture and c onsu mers again st th e co nsequ ences of drought, and (c) safeguard farmers and the business of the Nation against the consequences of farm-price decline ; and Whereas it is the s ense o f Cong ress t hat the perma nent f arm le gisla- tion should be based upon the following fundamental principles (1) That farmers are entitled to their fair share of the national income ; (2) That consumers should be afforded protection against the consequences of drought, floods, and pestilence causing abnor- mally high prices by storage of reserve supplies of big crop years for use in time of crop failure ; (3) That if consumers are given the protection of such an ever-normal granary plan, farmers should be safeguarded against undue price declines by a system of loans supplementing their national soil-conservation program ; and (4) That contr ol of agr icult ural surp luses abov e th e eve r- normal granary supply is necessary to safeguard the Nation's investment in loans and to protect farmers against a price col- lapse due to bumper yields resulting in production beyond all domestic and foreign need .
