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jun 1, 1876 - Cotton price lowers

Description:

By the late 1870s, the price of cotton had declined to around 8 cents per pound, rather than 16.5 cents as of 1869. This caused southern farmers to stop farming cotton altogether and find things to farm to receive higher incomes.

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ByLuke Elias
29 Nov 2018
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Date:

jun 1, 1876
Now
~ 149 years ago
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