Question

What did Southern Alliance want to do with loans?

A) Make loans more accessible to farmers
B) Abolish loans entirely
C) Regulate loans at the state level
D) Encourage foreign investment

Answer 1

The Southern Alliance wanted to make loans more accessible to farmers through a subtreasury plan.

Step-by-step explanation:

The Southern Alliance wanted to make loans more accessible to farmers. They proposed a subtreasury plan, in which the federal government would store farmers' crops in government warehouses and provide loans to farmers based on the current crop prices. This would allow farmers to have immediate cash on hand to settle debts and purchase goods.