PalmettoPathos

By the 1930′s, cotton was no longer the prime crop in upstate South Carolina. Cotton was selling for 6 cents a pound in 1933, while it sold for 18 cents a pound in 1929. Growers responded to the price drop by planting more. To prevent collapse, the federal government agreed to buy the crop at an inflated fixed price if planters limited production to dictated acreage. This was the begininning of many farm subsidies to follow. The intent of the program was to support the planters as well as the tenant farmers but the law was unclearly written.

Nevertheless, Ralph Smith participated in the program though on a small scale.

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This entry was posted by Wilson on Sunday, March 1st, 2009 at 3:39 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.