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This is shown by the graphs, "Production and Prices, 1860-1895" In 1860, only 1000 million bushels of corn was produced, and the price per bushel was about $.65. By 1895 over 2500 million bushels were produced at less than $.25 per bushel. It was the same story for cotton and wheat. A farmer wrote a letter to the editor of a Populist newspaper that read, "We will get permanent relief only when the government owns the railroad and when we have government banks where we can get money at a small rate of interest...
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This is shown by the graphs, "Production and Prices, 1860-1895" In 1860, only 1000 million bushels of corn was produced, and the price per bushel was about $.65. By 1895 over 2500 million bushels were produced at less than $.25 per bushel. It was the same story for cotton and wheat. A farmer wrote a letter to the editor of a Populist newspaper that read, "We will get permanent relief only when the government owns the railroad and when we have government banks where we can get money at a small rate of interest...
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