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Bulloch History with Roger Allen - Tobacco market sees expansion
roger allen
Roger Allen
Because of the onset of the “Great Depression,” Statesboro’s tobacco prices dropped from an already low price of 8.9 cents a pound in 1930 to 6.2 cents a pound in 1931, but then rose very slightly to 7.8 cents a pound in 1932. In order to curtail the continuing overproduction of tobacco, in 1934 the U.S. Congress passed the “Kerr-Smith Tobacco Act,” which severely penalized farmers who didn’t limit the amount of tobacco they planted. Bulloch County’s tobacco allotment for 1935 was 1,674,634 pounds.
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