The Farmers' Grievances

It is historian John D. Hicks? thesis that the Southern and Western sodbusters suffered greatly in the new industrial administration and blamed their detriment on the railroads, the trusts and menial prices, the bullion-lenders and the bankers, and the money and banking clay. Western farmers blamed umpteen of their troubles upon the railroads, which sent all(prenominal) western crops to the markets. The farmers had no choice only to use these roads. The railroads naturally exacted high gear judge. The local anesthetic fr ogdoad rates were particularly higher than the long distance rates. Railroads, fortified by monopoly and supported by politics, were accused of controlling despatch and fares at their own pleasure to the oppression of the farmer gibe to the principle, ? return as overmuch out of the pockets of the farmers as we potty without fetching it all?. It was believed that the practice of stock-watering had much to do with the high rates. The capitalisation of railways was 3 to 4 times higher than the prescript rate. The farmers overly believed that the railroads were stealing their priceless heritage of free lands. Farmers dictum that commencement prices led to their lack of winity and that trusts joined with railroads and politicians to pick people?s pockets. Prices dropped in certain sections of the country and later be that farming was carried at an actual loss because it was over the add up of production. A western farmer had to sell his corn for octad to ten cents a bushel when the eastern broker demanded much than a dollar for it. Trusts dominated the market by acquire raw material at their own price, then marketing the finished product at any price they wanted. Trusts prey the farmer with clothing, with the machines he had to use, with the fuel he had to burn, with the materials for living. Money-lenders and bankers change magnitude the farmers? shoot with debts, high interest rates, and taxation. The widesp read dependence upon the crop-lien system in! creased the burden of debt for farmers. They believed that the eastern capitalists were conspiring against them. Interest rates, already high, lift quiet higher. The western farmer was mortgaged literally for all he was worth and his fruits of labor. Taxation was inevitable for the farmers because of the land they couldn?t hide. Farmers delineated one-fourth of the nation?s wealth just stipendiary three-fourths of the taxes unlike the railroads who refused to pay taxes. The farmer was persuade that he was the helpless victim of unfair, unreasonable, ad discriminatory taxation. The local farmer was getting poorer and poorer every year. Finally, the farmers believed that their chief grievance was against the system of money and banking. The measure out of the dollar was greater than it once had been. It would bargain two bushels of grain where formerly it would but only one. The overproduction theory, low prices of goods and high interest rates added together with the commis sions, debts and mortgages make the ascension value of the dollar a serious consequence for the farmers. By 1879, the greenback currency reached a secure value with gold. This allowed the money-lenders and bankers to prosper while agriculture languished. Sources:John D. Hicks and the Populist Revolt. Reviews in American History 1985 13(1): 142-154. Reviews the state of scholarship on populism, way on the impact, continuing vitality, and criticism of Hickss The Populist Revolt (1931)Allen F. Davis. encroach and Consensus in Modern American History. 1984 If you want to get a full essay, order it on our website: OrderEssay.net

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