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PACKERS AND STOCKYARDS ACT
PACKERS AND STOCKYARDS ACT. The Packers and Stockyards Act, passed in August 1921 after several years of controversy, made it unlawful for packers to manipulate prices, to create a monopoly, or to award favors to any person or locality. The legal regulation of stockyards attempted to guarantee nondiscriminatory services, reasonable rates, open schedules, and fair charges. Administration of the law was the responsibility of the secretary of agriculture, who heard complaints, held hearings, and issued "cease and desist" orders. The bill was a significant part of the agrarian legislation of the early 1920s.
BIBLIOGRAPHY
Ruttan, Vernon W., comp. Agricultural Policy in an Affluent Society. New York: Norton, 1969.
Packers and Stockyards Act
© 2003 by Charles Scribner's Sons Charles Scribner's Sons is an imprint of The Gale Group, Inc., a division of Thomson Learning, Inc.
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