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The goal of the Subtreasury Plan, proposed by the Farmers' Alliance in the late 19th century, was to provide farmers with a system that would allow them to store their crops in government-owned facilities and secure low-interest loans against their stored produce. This aimed to alleviate the financial pressures faced by farmers due to fluctuating crop prices and exploitative lending practices. By improving farmers' access to credit and stabilizing prices, the plan sought to enhance their economic independence and overall financial stability.

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2w ago

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