The Warehouse Act of 1916 permitted Federal Reserve member banks to give loans to farmers on the security of their staple crops which were kept in Federal storage units as collateral.
Advocacy United States President Woodrow Wilson proposed the Warehouse Act at a political nomination convention in Sea Girt, New Jersey on September 2, 1916:
Amendments The table below shows U.S. Congressional amendments to the Warehouse Act. Date of EnactmentPublic Law NumberU.S. Statute CitationU.S. Legislative BillU.S. Presidential AdministrationJuly 24, 1919P.L. 66-22Woodrow WilsonFebruary 23, 1923P.L. 67-436Warren G. HardingMarch 2, 1931P.L. 71-772Herbert C. HooverOctober 28, 1992P.L. 102-553George H. W. BushNovember 9, 2000P.L. 106-472William J. Clinton
See also Combine harvester Grain elevator Grain Futures Act Grain Standards Act of 1916
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