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Letter to the Speaker of the House Transmitting a Supplemental Estimate of Appropriation for the Federal Farm Board.

March 07, 1930

Sir:

I have the honor to transmit herewith for the consideration of Congress a supplemental estimate of appropriation for the Federal Farm Board for $100,000,000, to be immediately available, as a part of the revolving fund of $500,000,000 authorized to be appropriated by the agricultural marketing act approved June 15, 1929. Under date of June 18, 1929, $150,000,000 was appropriated by Public Act No. 15 in response to my estimate of June 15, 1929, in which it was stated that "if the board finds it necessary to have further funds it should be possible to make provision for them in ample time, as Congress will no doubt be in session by the time they are required." The need for additional funds has now arisen.

The details of this estimate, the necessity therefor, and the reasons for its transmission at this time are set forth in the letter of the Director of the Bureau of the Budget, which is transmitted herewith, and with which I concur.

Respectfully,

HERBERT HOOVER

THE WHITE HOUSE,

Washington, March 7, 1930.

[The Speaker of the House of Representatives]

Note: The text of the letter from the Director of the Bureau of the Budget, dated the same day, and transmitted with the President's letter, follows:

Sir:

I have the honor to submit herewith for your consideration a supplemental estimate of appropriation for the Federal Farm Board for $100,000,000 to be immediately available as an addition to the revolving fund to be administered by the board, as follows:

Agricultural marketing, revolving fund: For an additional amount for carrying into effect the provisions of the act entitled the "Agricultural marketing act," approved June 15, 1929, including all necessary expenditures authorized therein, to be immediately available, $100,000,000, which amount shall become a part of the revolving fund to be administered by the Federal Farm Board as provided in such act ..... $100, 000, 000

Under date of June 18, 1929, $150,000,000 was appropriated in Public Act No. 15 for a revolving fund to be administered by the Federal Farm Board as provided in the agricultural marketing act approved June 15, 1929. It is now estimated that an additional amount of $100,000,000 will be required in the revolving fund to carry out projects now planned by the board, and that this sum should be made immediately available.

The foregoing estimate of appropriation is required to meet legislation which has been enacted since the transmission of the Budget for 1930, and its approval is recommended.
Very respectfully,
J. CLAWSON ROOP,
Director of the Bureau of the Budget,

[The President]

Supplemental estimate of appropriation required for the service of the fiscal year ending June 30,1930, by the Federal Farm Board
Agricultural marketing, revolving fund:

For an additional amount for carrying into effect the provisions of the act entitled the "Agricultural marketing act," approved June 15, 1929, including all necessary expenditures authorized therein, to be immediately available, $100,000,000, which amount shall become a part of the revolving fund to be administered by the Federal Farm Board as provided in such act (acts June 5, 1929, vol. 46, pp. 14, 17; June 18, 1929, vol. 46, p. 28) .... $100, 000, 000. Amount appropriated for the fiscal year ending June 30, 1930 ...150, 000, 000

Herbert Hoover, Letter to the Speaker of the House Transmitting a Supplemental Estimate of Appropriation for the Federal Farm Board. Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/211578

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