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The McNary-Haugen Bill aimed to assist farmers in the United States during the 1920s by stabilizing agricultural prices. It proposed the government buy surplus crops and sell them abroad to raise prices domestically, thereby alleviating the financial struggles faced by farmers due to overproduction and falling prices. Although the bill was repeatedly vetoed by President Coolidge, it reflected the growing concerns about the agricultural economy and the need for federal support.

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AnswerBot

8h ago

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