The Agrarian Crusade; a chronicle of the farmer in politics by Solon J. (Solon Justus) Buck
page 17 of 150 (11%)
page 17 of 150 (11%)
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agricultural frontier westward by leaps and bounds until it had
almost reached the limit of successful cultivation under conditions which then prevailed. As crop acreage and production increased, prices went down in accordance with the law of supply and demand, and farmers all over the country found it difficult to make a living. In the West and South--the great agricultural districts of the country--the farmers commonly bought their supplies and implements on credit or mortgaged their crops in advance; and their profits at best were so slight that one bad season might put them thereafter entirely in the power of their creditors and force them to sell their crops on their creditors' terms. Many farms were heavily mortgaged, too, at rates of interest that ate up the farmers' profits. During and after the Civil War the fluctuation of the currency and the high tariff worked especial hardship on the farmers as producers of staples which must be sold abroad in competition with European products and as consumers of manufactured articles which must be bought at home at prices made arbitrarily high by the protective tariff. In earlier times, farmers thus harassed would have struck their tents and moved farther west, taking up desirable land on the frontier and starting out in a fresh field of opportunity. It was still possible for farmers to go west, and many did so but only to find that the opportunity for economic independence on the edge of settlement had largely disappeared. The era of the self-sufficing pioneer was drawing to a close, and the farmer on the frontier, forced by natural conditions over which he had no control to--engage in the production of staples, was fully as dependent on the market and on transportation facilities as was |
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