We furnished a farmtomarket highway program and appropriated funds to be used for the next three years. We increased the working capital of the Federal loan system. making it possible to float bond issues more easily. We provided that the interest rate on farmloan bonds would be increased to 51/2 per cent. an emergency act. Revised the tax schedule. Reduced the surtax. limited immigration to 3 per cent of the foreign born recorded In 1910 census. Prohibited the manufacture and sale of filled milk. Created a representative of agriculture along with industry. commerce. and finance. on the Federal Reserve Board.
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immigration foreign born