The Agrarian And Commercial Society

Through the period of 1865-1900, America’s agriculture underwent a series of changes .Changes that were a product of influential role that technology, government policy and economic conditions played. To extend on this idea, changes included the increase on exported goods, do the availability of products as well as the improved traveling system of rail roads. In the primate stages of these developing changes, farmers were able to benefit from the product, yet as time passed by, dissatisfaction grew within them. They no longer benefited from the changes (economy went bad), and therefore they no longer supported railroads. Moreover they were discontented with the approach that the government had taken towards the situation.

Some people agree to the fact that the period of 1450-1750 is Late Agrarian Era. But I don’t. I believe that 1450-1750, from now on referred to as ‘periodization four’, is an Early Modern Era. This is the period of when the British explore North America, slave trade from Africa to America was born, and the great Columbian exchange initiated. This certainly could not be considered “Late Agrarian” with all the technologies being invented and explorations beginning. The reason I consider this time period Early Modern is for several reasons; globalization had kick started, stronger states were forming with more modern edges, and technology that had never before been seen was now around.

Despite the flushed predictions of prosperity that had lured new settlers to the plains, the reality was more difficult. The farmers claimed that they did not have enough land, money, and transportation (Doc C). The farmers went into in a never ending cycle if they did not have a good harvest. As Booker Washington explains the farmers had no money so they had to borrow money from the banks which charged 12 to 30 percent interest. The interest the farmers were hit with was nearly impossible to repay so they had to mortgage everything and if the mortgage wasn’t paid the land was foreclosure which led the yeomen to become tenant farmers (Doc B). With periods of drought growing good crops was hard. Leading Economic Sectors shows how the farmers predicament of not being able to make a very

The wage-earning class was the debtors, debtors who owed money and had to work to make a living for creditors, most of whom made up what would be known as the middle class. The tradition of fathers passing their land on down to their sons was slowly dying such as with Mayo Greenleaf Patch and his sons. Mayo Patch’s life was riddled with owing debts to the middle

The Philadelphia society for the promotion of agriculture in 1786, handed out a medal, which said, “venerate the plough” (Document F). This demonstrates how the elite were still “rewarding” the common people who weren’t financially better off than before the revolution. Similarly, in Shay’s Rebellion farmers led by the ex-military officer “[stopped] the courts of justice in several counties…crying out for a paper currency, [or] for an equal distribution of power” (Document G). A particular example of the downfall of American economy was Shay’s rebellion. This represented economic strife that the common people were enduring and ultimately rebelled.

As the wealthy increased their assets in the cities, at the same time, a large class was “impoverished city dwellers.” A huge contrast between the wealthy and the poor were forming and becoming more apparent from the beginning of the eighteenth century in the colonies. The data that was collected on the people who were submitted into poor houses clearly with little “doubt that the third quarter of the eighteenth century was an era of severe economic and social dislocation in the cities, and that by the end of the colonial period a large number of urban dwellers were without property, without opportunity, and except for public aid, without the means of obtaining the necessities.” This evidence of poverty in the colonies is one that Nash tries to point out to support his argument that there was a sharp contrast in the distribution of wealth, and that the masses were at this time more focused on the economy’s downfall of the period than defending for constitutional rights and liberties. Protest sparked as the result of the enormous poverty in the colonies. Frustrated with their living conditions the middle and lower classes protested violently in the cities. During this time of frustration with the economic conditions, “rank had no privileges, as even the lieutenant-governor was shot” in Massachusetts. The wealthy were attacked

American family farmers produced goods for the global economy; however, after 1870, the depression struck the nation, meaning that the produce families grew for the market and economy would be sold for at a lower price. A family who had contributed themselves to the nation’s economy would find themselves in an event of possibly, and most likely, losing their farm since at that time farming insurance wasn’t available. Ownership of farms were not secure or stable during this time of depression.

Although Nathaniel Gorham was an astonishing political leader, who made great decisions for his nation, he did not serve in the newly formed government that resulted from the signing of the Constitution. He and Oliver Phelps from Windsor, Connecticut, wanted to buy six million acres of land in western New York, which at the time was not approved land. The price of this land was lessened to one million dollars in Massachusetts Scrip, the currency of Massachusetts, which worked out for Gorham and Phelps because they were able to sell it to settlers. When things seem to be going well, something bad is bound to happen. Gorham and Phelps were in deep because the value of the Scrip was increasing drastically, and they were facing difficulty in paying their required payments. The challenging struggle both men faced to come up with the money was known as Gorham’s insolvency. Gorham’s insolvency showed how his strong political

In the late nineteenth century shortly after the Civil War and Reconstruction, farmers in the Midwestern United States found themselves in quite a predicament. During the second industrial revolution of the United States that contained mass introduction of: railroads, oil, steel, and electricity, the risk-taking entrepreneurs of this era took an adventure into the world of cutthroat capitalism. In just a little time, a handful of monopolies arose in all these industries which hurt both the consumer of the product and the producer of the material (Doc. F). Because of the corrupt politicians in Washington DC, the absence of regulation on the monopolies put into place by bribes and greed or moderation from them, and the devious ways of the

As crop prices fell, farmers were forced to mortgage their lands and take out loans in order to grow more and more crop just to break even. When these tactics were ultimately unsuccessful, the banks closed in and quickly foreclosed on the farmers estates. These mass foreclosures led to a belief among farmers that they were all slaves to their “eastern masters” and that only the freedom of unlimited silver would release them from their shackles.

One of the most heated debates of the time period was over the gold standard monetary policy. In Document ‘E’ the crop-lien system or sharecropping is demonstrated. It shows how the farmers are profiting little or no money at all by the 1880’s, however the government, along with the wealthier citizens, were trying to implement a gold standard, eliminating silver currency altogether and creating some deflation. The farmers, most of whom were already in debt, advocated strongly against this monetary policy. They were in favor of a bimetallistic system. The Farmer’s were already indebted to the people they leased their land from, and if there was a monetary policy, the amount of money they owed would remain the same, however the value of that money would increase. Document ‘J’ is a clear opposition to the monetary policy by the farmers. Through the fight

Accurately established by many historians, the capitalists who shaped post-Civil War industrial America were regarded as corrupt “robber barons”. In a society in which there was a severe imbalance in the dynamics of the economy, these selfish individuals viewed this as an opportunity to advance in their financial status. Thus, they acquired fortunes for themselves while purposely overseeing the struggles of the people around them. Presented in Document A, “as liveried carriage appear; so do barefooted children”, proved to be a true description of life during the 19th century. In hopes of rebuilding America, the capitalists’ hunger for wealth only widened the gap between the rich and poor.

[…] If a farmer wanted to expand operations, he required the deep pockets of Northern banks to lend him the money to buy additional equipment, as well as additional labor. (13)

In the late nineteenth century, many American farmers were experiencing economic insecurity. There were various factors that contributed to why farmers were facing financial hardships in this particular time frame. The fundamental factors were the commercialization, overproduction, and mechanization of agriculture. These factors are by no means all of the driving forces that lead to this time of financial insecurity, but they are large contributors to say the least. After the Civil War, subsistence farming was gradually morphing into commercialized farming. Instead of farming to support oneself or one's family at a minimum level, farmers began leaning towards making large profit off of their crops.

In 1890 clergyman Washington Gladden wrote an article called “The Embattled Farmers”. In it he blamed the ruin of the farmers on “protective tariffs, trusts…speculation in farm products, over-greedy middlemen, and exorbitant transportation rates.”