7 h 9 min, 1 avr. 1920 ans - Too Much Cotton
Description:
Cotton prices at New Orleans peak at 42 cents a pound, prompting Southern farmers to plant the largest crop in history. The resulting overproduction causes a collapse in prices, with cotton falling to less than 10 cents a pound by early 1921. Cotton farmers will toil in near-depression conditions throughout most of the 1920s and 30s.
Ajouté au bande de temps:
Date:
7 h 9 min, 1 avr. 1920 ans
Maintenaint
~ Il y a 105 ans