Under the subtreasury plan, the Farmers' Alliances proposed that the federal government _____________.

Question

Quizplus · Accepted Answer

The subtreasury plan proposed that the federal government make loans to farmers against their stored crops, allowing them to hold onto their crops until market prices improved. This would provide a form of credit that did not involve high interest rates charged by banks. The plan did not involve coinage of silver, financing of purchases, or regulation of credit supply.

Under the Subtreasury Plan, the Farmers' Alliances Proposed That the Federal