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August 1, 2025
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may 24, 1866 - Farmers and their Problems

Description:

Problems facing farmers:
* Overproduction
*Tariff Policies
* Monetary Policy
* Tax and Bank Policy
* Tenant Farming and Lien System
* lack of Representation and power

This was and caused:
* Risk and uncertainty
*Expensive

The Wheat prices decreased through the 1900s from $2.06 / bushel in 1866 to .62 cents in 1900.

Added to timeline:

29 Mar 2019
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0
275

Date:

may 24, 1866
Now
~ 159 years ago