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These farmers did not mind high prices and high interest on loans due to the growing success of American agricultural products. Most western farmers became cash croppers who sometimes neglected subsistence farming in order to focus on marketable commodities. Soon the farmers' dependence on distant markets caught up with them, however, as the state bank system that had sprung up to support speculation collapsed, dragging agricultural prices and land values down with it. Many western settlers suffered greatly during the Panic of 1819, but most survived and continued the conquest of the West.
A major aspect of the conquest of the West was the removal of the Indians who dwelled there...
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Common topics in this essay:
- Annexation Of Texas.
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