If implemented, the southern alliance's proposed "subtreasury system" would have eased the farm debt crisis by?

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04-08-2022
Business

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If implemented, the southern alliance's proposed "subtreasury system" would have eased the farm debt crisis by?

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Tutorconsortium357 Tutorconsortium357 · Answer 1 · 2022-08-10T15:08:32+02:00

The sub-treasury plan, the federal government would hold crops in public warehouses and issue loans on their value until they could be profitably sold.

Why did Farmers face an increasing debt load in the late 1800s?

They were caught between increased costs and falling prices.

Why did the Grange movement focus on reducing prices that railroads and grain elevators charged?

Farmers relied on railroads and grain elevators but were forced to pay higher than usual rates.

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