§ 511a. Declaration of purpose

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1. 1935

   Pub. L. 74–623 § 2 · 49 Stat. 731

   Enacted · 7 U.S.C. § 511a

   (Aug. 23, 1935, ch. 623, § 2, 49 Stat. 731.)

   Source evidence

   Code source credit
   (Aug. 23, 1935, ch. 623, § 2, 49 Stat. 731.)

   Enacted provision · exact public law section
   Sec. 2. That transactions in tobacco involving the sale thereof at Declaration of necessity of regulation. auction as commonly conducted at auction markets are affected with a public interest; that such transactions are carried on by tobacco producers generally and by persons engaged in the business of buying and selling tobacco in commerce; that the classification of tobacco according to type, grade, and other characteristics affects the prices received therefor by producers; that without uniform standards of classification and inspection the evaluation of tobacco is susceptible to speculation, manipulation, and control, and unreasonable fluctuations in prices and quality determinations occur which arc detrimental to producers and persons handling tobacco in commerce; that such fluctuations constitute a burden upon commerce and make the use of uniform standards of classification and inspection imperative for the protection of producers and others engaged in commerce and the public interest therein.

1 of 1 references resolved to an enrolled provision