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December 14, 2012

Farmer Dilemma

1. Railroads- Railroads in each area were often controlled by unrivalled company, enabling those forces to charge what they lossed. Railroads were the only way for many Hesperian farmers to get their produce to market and high prices were always charged. Railroads controlled storage, elevators, and warehouses so the prices the farmers paid were very high. Middlemen- Middlemen set the price of the produce woeful when they sold because the market price was unpredictable. Bankers- High interest evaluate caused the farmers to pay even more when they didnt restrain the money to pay. Trusts- Trusts such as McCormick, gather inrs of farm machinery, set the price for the farm machinery. more farmers relied on McCormick farm machinery to grow crops, so the price depended on whatever McCormick charged. Trusts formed in the railroad industry as well, which enabled the railroad companies to set a high price. 2. Railroads- Railroad companies would recount that farmers could find an alternate route of transportation if they were dissatisfied with the prices. Additionally, railroad companies could check out in front of a court that they have to charge less (or not charge at all) business, congressmen, and some other people who support the railroad system and must make up for the losses by overcharging the farmers.
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Middlemen- Middlemen would judge that they set the prices mild because the market is unpredictable. Bankers- Bankers would say they charged a higher tread because farming is a high risk and if something were to happen (i.e. a natural disaster) they couldnt be sure that their money was returned. Trusts- they have a right to charge high rates, and they would be producing at a cheaper rate and make more profits. [????????????????????????????] Government Officials- Government officials would say that they cared about the farmers but over-production took the matter out of their hands. They would also say they passed legislation and tried to help farmers through the Timber Culture... If you want to get a full essay, order it on our website: Orderessay

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