What Did Southern Alliance Leader Charles Macune Argue

question 19

Multiple Choice

What did Southern Alliance leader Charles Macune argue?

• A) The federal government was to establish a series of branch banks to hold federal deposits and help to control the money supply.
• B) Late-nineteenth-century American capitalists attempted to corner all the silver that was held outside the federal treasury.
• C) Farmers should be able to store crops in government warehouses and then borrow against those crops until prices rose.
• D) Farmers should "raise less corn and more hell."
• E) The federal government should provide special agricultural loans from a fund created out of grain excise taxes.

---

Definitions:

IFRS

A collection of accounting principles formulated by the International Accounting Standards Board, known as International Financial Reporting Standards, that aid in the global creation of financial reports.

GAAP

Generally Accepted Accounting Principles, a collection of commonly-followed accounting rules and standards used in financial reporting within the United States.

Proprietorships

A business structure where a single individual owns and runs the business, bearing unlimited liability for its debts and obligations.

Partnerships

A business organization legally constituted by multiple individuals who jointly manage the enterprise and share in its profits.