- Bankhead-Jones Farm Tenancy Act, 1937
- The Bankhead-Jones Farm Tenancy Act was an act passed in 1937 to help tenant farmers buy their own land, animals, and feed by providing lowinterest federal loans over a three year period. The act was drafted by Senator John H. Bankhead of Alabama and representative Marvin Jones of Texas. Under the legislation, Congress was also empowered to purchase land that was no longer capable of maintaining a sufficient living standard for farm families. The Farm Security Administration was set up by Henry A. Wallace to administer the program. The funding of $85 million proved inadequate, and few of the impoverished sharecroppers benefited.See also Agriculture.
Historical Dictionary of the Roosevelt–Truman Era . Neil A. Wynn . 2015.