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How did the debt cycle favor farmers in Texas?

How did the debt cycle favor farmers in Texas?. Railroads in Texas . Transportation was very limited 2. Rivers could only support shipping about 50 miles inland 3. Everything else was shipped by way of ox and cart. I. Problems with Transportation. Railroads in Texas .

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How did the debt cycle favor farmers in Texas?

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  1. How did the debt cycle favor farmers in Texas?

  2. Railroads in Texas Transportation was very limited 2. Rivers could only support shipping about 50 miles inland 3. Everything else was shipped by way of ox and cart I. Problems with Transportation

  3. Railroads in Texas TX gov’t allowed railroad companies to begin building track in the state! 2. Construction was paid for with land grants 1876-1885 – Period of rapid expansion in Texas for railroads 1890 – the state had more than 8,000 miles of track TX led the nation in railroad track construction II. Railroads to the Rescue!

  4. Railroads in Texas • 1st governor of TX to be born in TX • He wanted to regulate railroad companies in TX • He believed they were not following the laws of TX • Wanted to bring them under gov’t control • Established the Railroad Commission in 1891 • Fought unfair practices • Established fair rates • Encouraged competition III. James Hogg

  5. Railroads in Texas • Early 1900’s – TX was shipping goods all over the US • Encouraged farmers to buy land for large, commercial farms • Farms sprang up along the railroad lines • Farmers could ship their goods faster and more efficiently • Encouraged farmers to move to West TX IV. Railroads Encourage Growth in TX

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