Bulletin of the British Association for American Studies (New series)

Research Article

An Anglo-American Cooperative Project of the 1870's: The Mississippi Valley Trading Company

Vivian Vale

No student of American agrarian history in the third quarter of the nineteenth century will neglect the Patrons of Husbandry. From a number of well-documented accounts he may learn how in 1867, in Washington, D.C., their Order was founded to enrich the cultural life of farmers and their wives, and how their association in Granges moved them instead to express the chronic discontents of agricultural producers as a body. Even better-known is the ground of those discontents, which temporarily united the cotton, sugar and tobacco farmers of the South with the corn raisers of Kansas and Nebraska and with the wheat producers of Minnesota and the Dakotas. In a physically depleted land, and under a system subservient to the business needs of the victorious north and east, the farmer of the Mississippi Valley found himself in thrall to the distant manufacturer and to the local merchant by credit arrangements frequently entailing a crop-lien system. In order to rid himself of this bondage, to put himself instead upon a firm basis of cash buying and selling, and to develop a more diversified agriculture, the farmer required – as the Patrons repeatedly insisted – an alternative source of capital to the eastern banker.

Vivian Vale took the Cambridge History Tripos and was a Commonwealth Fund Fellow at Harvard and Wisconsin 1952–3. Now lectures in Government at the University of Southampton and is Visiting Professor at the University of South Carolina in 1967.