Morrill Act Of 1890

Business / Agriculture / Morrill Act Of 1890: Enacted August 30, 1890 (chapter 841, 26 Stat. 417), this law authorized additional direct appropriations for the land grant colleges of agriculture that had been established under the Morrill Act of 1862. The most significant feature of the second Morrill Act was that the 1862 schools could receive the additional funds only if they admitted blacks into their programs or if they provided separate but equal agricultural higher education to black students. In the period following the Civil War, sixteen southern states established separate land grant colleges of agriculture for black students under this Act: Congress designated Tuskegee University an 1890 institution at a later date. Federal funds for research and extension at the 1890 schools are provided under subsequent acts, not the second Morrill Act.

Other Words for Act

Act Noun Synonyms: deed, action, undertaking, operation, step, move, feat, exploit, accomplishment, achievement
Act Verb Synonyms: behave (oneself), carry on, deport oneself, comport oneself, conduct oneself
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Land Grant Colleges Of Agriculture

Business / Agriculture / Land Grant Colleges Of Agriculture: The Morrill Act of 1862 granted federal land to states to sell, and instructed each state to use the proceeds to endow a college to teach 'agriculture and the mechanical arts.' States not having any f MORE

Outside Of You

Business / Finance / Outside Of You: Used for listed equity securities. Another order bidding for or offering stock at the same price that the trader has put on the floor himself, represented by another broker in the trading crowd. These MORE

Overreaction Hypothesis

Business / Finance / Overreaction Hypothesis: The supposition that investors overreact to unanticipated news, resulting in exaggerated movements in stock prices followed by corrections. MORE

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