With the Agricultural Adjustment Act, the federal government legitimized, and institutionalized ideas promoted by Milo Reno. Milo Reno was an important personality. He was the president of the Lowa Farmers' Union from 1921 to 1930. Then he also emerged as the leader of the Farmers' Holiday Association.
Milo Reno's leadership of the Farmers' Holiday Association provided the key impetus in making him popular as a public personal. This association is an organization of farmers during the depression era which campaigned for populist measures like Price control, end to foreclosures, currency inflation, and so on.
Milo Reno called for better prices for farmers and public service programs aided by an enhanced inflationary monetary policy. Reno also organized a farm strike until their demands were satisfied.
The Agricultural Adjustment Act was a federal law passed in 1933. The law aimed at offering farmers subsidies in exchange for limiting their production of certain crops and reducing export surpluses. The subsidies were provided to restrict overproduction so that crop prices could increase. Its main motive was to restore agricultural stability during the Great Depression. The act was greatly inspired by the views of Milo Reno.
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