HIS 104 Lecture Notes - Lecture 3: Debt Bondage, Sharecropping, White Supremacy
Document Summary
Failure of republican version of new south (reconstruction) South be independent from the north - south = raw materials/cash crops & north = benefit from south. Limits of northern ideology: no land confiscation. Loss of northern commitment: scandals, depression 1873-78. Compromise of 1877: home rule for southern whites. Limit: dependence on northern and foreign investors. Fire run away shops : search for cheap labor -- child labor. Importance of persuasion through advertising (cigars/chewing tobacco cigarettes) Industrial promise that did not work out: steel. Birmingham, alabama ~ end up being bought - colonial relationship. Too much competition from nothern big steel . Cash crops, sharecropping, crop -lien system (take out a loan & pledge your harvest as collateral ~ problem: money borrowed & the price of crop debt) [-- white farmers ] Wanted something as close to slavery as possible. Use of black sharecropper"s vote by large landowners; exclusion of small farmers.