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About: Jones–Costigan amendment     Goto   Sponge   NotDistinct   Permalink

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The Jones-Costigan Amendment, also known as the Sugar Act of 1934, passed on May 9, 1934 was an amendment to the Agricultural Adjustment Act that reclassified sugar crop as basic commodity, subject to the provisions of the Agricultural Adjustment Act enacted the previous year. Sponsored by Senator Edward P. Costigan (D-CO) and Representative John Marvin Jones (D-TX), the act was a New Deal effort to salvage an ailing sugar industry by imposing protective tariffs and quotas along with a direct subsidy to growers of sugar cane and sugar beet.