TOBACCO IN TRANSITION: AN OVERVIEW OF SIXTY-SIX YEARS OF PARTNERSHIP BETWEEN PRODUCERS, PROCESSORS AND POLITICIANS

On October 22, 2004, President George W. Bush signed the Jobs Creation Act of 2004, legislation that included the Fair and Equitable Tobacco Reform Act which established the Tobacco Transition Payment Program, better known as the tobacco quota buyout. The passage of this controversial legislation, w...

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Main Authors: Gilbert Mathis, William Snell
Format: Article
Language:English
Published: Economic & Business History Society 2007-06-01
Series:Essays in Economic and Business History
Online Access:https://www.ebhsoc.org/journal/index.php/ebhs/article/view/174
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author Gilbert Mathis
William Snell
author_facet Gilbert Mathis
William Snell
author_sort Gilbert Mathis
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description On October 22, 2004, President George W. Bush signed the Jobs Creation Act of 2004, legislation that included the Fair and Equitable Tobacco Reform Act which established the Tobacco Transition Payment Program, better known as the tobacco quota buyout. The passage of this controversial legislation, which ended marketing quotas and support prices for tobacco that had been in place since 1938, is expected to fundamentally and permanently change tobacco production in the United States. The purpose of this essay is to provide insights into the establishment and operation of the Tobacco Program and to identify and analyze events leading to its demise.
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spelling doaj.art-9203fb4f631e435abbcd8883cbceccc22022-12-22T02:34:02ZengEconomic & Business History SocietyEssays in Economic and Business History0896-226X2007-06-012517994174TOBACCO IN TRANSITION: AN OVERVIEW OF SIXTY-SIX YEARS OF PARTNERSHIP BETWEEN PRODUCERS, PROCESSORS AND POLITICIANSGilbert MathisWilliam SnellOn October 22, 2004, President George W. Bush signed the Jobs Creation Act of 2004, legislation that included the Fair and Equitable Tobacco Reform Act which established the Tobacco Transition Payment Program, better known as the tobacco quota buyout. The passage of this controversial legislation, which ended marketing quotas and support prices for tobacco that had been in place since 1938, is expected to fundamentally and permanently change tobacco production in the United States. The purpose of this essay is to provide insights into the establishment and operation of the Tobacco Program and to identify and analyze events leading to its demise.https://www.ebhsoc.org/journal/index.php/ebhs/article/view/174
spellingShingle Gilbert Mathis
William Snell
TOBACCO IN TRANSITION: AN OVERVIEW OF SIXTY-SIX YEARS OF PARTNERSHIP BETWEEN PRODUCERS, PROCESSORS AND POLITICIANS
Essays in Economic and Business History
title TOBACCO IN TRANSITION: AN OVERVIEW OF SIXTY-SIX YEARS OF PARTNERSHIP BETWEEN PRODUCERS, PROCESSORS AND POLITICIANS
title_full TOBACCO IN TRANSITION: AN OVERVIEW OF SIXTY-SIX YEARS OF PARTNERSHIP BETWEEN PRODUCERS, PROCESSORS AND POLITICIANS
title_fullStr TOBACCO IN TRANSITION: AN OVERVIEW OF SIXTY-SIX YEARS OF PARTNERSHIP BETWEEN PRODUCERS, PROCESSORS AND POLITICIANS
title_full_unstemmed TOBACCO IN TRANSITION: AN OVERVIEW OF SIXTY-SIX YEARS OF PARTNERSHIP BETWEEN PRODUCERS, PROCESSORS AND POLITICIANS
title_short TOBACCO IN TRANSITION: AN OVERVIEW OF SIXTY-SIX YEARS OF PARTNERSHIP BETWEEN PRODUCERS, PROCESSORS AND POLITICIANS
title_sort tobacco in transition an overview of sixty six years of partnership between producers processors and politicians
url https://www.ebhsoc.org/journal/index.php/ebhs/article/view/174
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AT williamsnell tobaccointransitionanoverviewofsixtysixyearsofpartnershipbetweenproducersprocessorsandpoliticians