The direct results of this product was a just about all-cotton fiber program out of farming plus the went on bankruptcy of your own tenant

The fresh currency of your Black-belt was pure cotton. It is a crop usually salable having ready currency, perhaps not usually subject to great yearly motion in cost, and another which the Negroes can improve. The property owner hence means his lease when you look at the pure cotton, in addition to provider will accept mortgage loans with the not one collect. There is absolutely no use asking the fresh new black colored occupant, next,…