The newest direct results of this system are a nearly all-pure cotton strategy out of agriculture and also the continued case of bankruptcy of the tenant
The newest currency of Black belt is thread. Its a harvest constantly salable to possess able currency, maybe not always at the mercy of higher annual fluctuations in price, plus one that your Negroes can improve. The new property owner thus means their lease inside the cotton fiber, while the merchant need mortgages into few other crop. There’s no have fun with asking the new black colored tenant, then, to broaden his crops,–he try not to around this program. I recall shortly after fulfilling a small that-mule wagon with the Lake street. An early black colored fellow seated on it riding listlessly, his elbows to the his legs.