
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 7USC1341]

 
                          TITLE 7--AGRICULTURE
 
             CHAPTER 35--AGRICULTURAL ADJUSTMENT ACT OF 1938
 
 SUBCHAPTER II--LOANS, PARITY PAYMENTS, CONSUMER SAFEGUARDS, MARKETING 
                   QUOTAS, AND MARKETING CERTIFICATES
 
                        Part B--Marketing Quotas
 
                  subpart iv--marketing quotas--cotton
 
Sec. 1341. Legislative findings

    American cotton is a basic source of clothing and industrial 
products used by every person in the United States and by substantial 
numbers of people in foreign countries. American cotton is sold on a 
world-wide market and moves from the places of production almost 
entirely in interstate and foreign commerce to processing establishments 
located throughout the world at places outside the State where the 
cotton is produced.
    Fluctuations in supplies of cotton and the marketing of excessive 
supplies of cotton in interstate and foreign commerce disrupt the 
orderly marketing of cotton in such commerce with consequent injury to 
and destruction of such commerce. Excessive supplies of cotton directly 
and materially affect the volume of cotton moving in interstate and 
foreign commerce and cause disparity in prices of cotton and industrial 
products moving in interstate and foreign commerce with consequent 
diminution of the volume of such commerce in industrial products.
    The conditions affecting the production and marketing of cotton are 
such that, without Federal assistance, farmers, individually or in 
cooperation, cannot effectively prevent the recurrence of excessive 
supplies of cotton and fluctuations in supplies, cannot prevent 
indiscriminate dumping of excessive supplies on the Nation-wide and 
foreign markets, cannot maintain normal carry-overs of cotton, and 
cannot provide for the orderly marketing of cotton in interstate and 
foreign commerce.
    It is in the interest of the general welfare that interstate and 
foreign commerce in cotton be protected from the burdens caused by the 
marketing of excessive supplies of cotton in such commerce, that a 
supply of cotton be maintained which is adequate to meet domestic 
consumption and export requirements in years of drought, flood, and 
other adverse conditions as well as in years of plenty, and that the 
soil resources of the Nation be not wasted in the production of 
excessive supplies of cotton.
    The provisions of this subpart affording a cooperative plan to 
cotton producers are necessary and appropriate to prevent the burdens on 
interstate and foreign commerce caused by the marketing in such commerce 
of excessive supplies, and to promote, foster, and maintain an orderly 
flow of an adequate supply of cotton in such commerce.

(Feb. 16, 1938, ch. 30, title III, Sec. 341, 52 Stat. 55.)


                       Inapplicability of Section

    Section inapplicable to 1996 through 2002 crops of loan commodities, 
peanuts, and sugar and inapplicable to milk during period beginning Apr. 
4, 1996, and ending Dec. 31, 2002, see section 7301(a)(1)(A) of this 
title.


              1947 Marketing Quotas and Acreage Allotments

    Joint Res. July 24, 1946, ch. 616, 60 Stat. 662, suspended marketing 
quotas and acreage allotments for 1947 in view of the critical shortage 
of fats and oils and protein feeds.
