Paul Sorrells

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Southern legislatures did change the law to provide credit for the farmers seeking to grow cotton. Legislators passed bills permitting liens on unplanted cotton, which allowed crops that did not yet exist to become collateral to secure credit in the Southern economy. With the best of intentions, they saddled the South with a crop lien system that would burden the region for generations.
The Republic for Which It Stands: The United States during Reconstruction and the Gilded Age, 1865-1896 (Oxford History of the United States)
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