may 14, 1865 - Crop-lien System (1860s) - a post-Civil War credit system in the US South where f farmers could get fertilizer, farming equipment and other goods by giving merchants a lien on their cash crops --> leads to a cycle of poverty (sharecropper pays merchant based on the following years harvest)
Added to timeline:
Date:
may 14, 1865
Now
~ 161 years ago