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King Cotton's advocate : Oscar G. Johnston and the New Deal / Lawrence J. Nelson.

Van Pelt Library F341.J64 N45 1999
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Format:
Book
Author/Creator:
Nelson, Lawrence J., 1944-
Language:
English
Subjects (All):
Johnston, Oscar, 1880-1955.
Johnston, Oscar.
Politicians--Mississippi--Biography.
Politicians.
Economic conditions.
Cotton growing.
History.
Mississippi.
Cotton farmers--Mississippi--Biography.
Cotton farmers.
Cotton growing--Mississippi--History--20th century.
Mississippi--Politics and government--1865-1950.
Politics and government.
Mississippi--Economic conditions.
New Deal, 1933-1939.
United States--Economic conditions--1918-1945.
United States.
Genre:
Biographies.
Physical Description:
xviii, 330 pages, 12 unnumbered pages of plates : illustrations, map ; 24 cm
Edition:
First edition.
Place of Publication:
Knoxville : University of Tennessee Press, [1999]
Summary:
One of the largest cotton planters in the United States, Oscar G. Johnston of Mississippi (1880-1955) became King Cotton's most effective advocate during the New Deal era. In this biography, Lawrence J. Nelson explores Johnston's long career and the critical role he played in shaping public policy toward a vital but depressed industry.
In 1927, the year of the Great Mississippi River Flood, Johnston became president of the largely British-owned Delta and Pine Land Company of Mississippi, a mammoth plantation that encompassed some 38,000 acres and employed thousands of black sharecroppers. During the Great Depression, Johnston helped formulate Agricultural Adjustment Administration (AAA) loans, assisted in organizing the Commodity Credit Corporation, and traveled abroad for President Franklin Roosevelt to seek international cotton stabilization. He also developed and managed the federal Cotton Pool, which, in the mid-1930s, dispensed nearly two million bales of cotton at a profit to its farmer-members. Johnston's activities embroiled him in various controversies -- over huge subsidies to his plantations, over the infamous "Section 7" debate that led to the so-called "purge" of AAA liberals in 1935, over the question of how best to limit cotton production, and, during World War II, over the collectivizing efforts of the Farm Security Administration. By then, Johnston had abandoned New Deal solutions and successfully organized the National Cotton Council of America, which united an industry threatened by low prices, internal division, and loss of exports.
A revisionist work, King Cotton's Advocate challenges the monochromatic, demonized image of the southern planter in the twentiethcentury. Nelson portrays a successful businessman who ran a highly efficient, welfare-capitalist plantation that, by the time of Johnston's retirement in 1950, exemplified the transformation of the old mule-and-share-crop system into a capital-intensive, mechanized agribusiness.
Contents:
Preface
Acknowledgments
Oscar
Corporate planter
Golden egg
Ten-cent rescue
Acres, not bales
An ounce of remedy, a pound of reform
Welfare capitalist
Cotton diplomat
Outwitting the speculators
Tempest in a tea pot
Fence rails and graveyards
King Cotton needs a voice
I have never liked the term "New Deal"
Epilogue
Notes
Bibliography
Index.
Notes:
Includes bibliographical references (pages [303]-317) and index.
ISBN:
1572330252
OCLC:
39085357

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