history. People still debate its successes and failures.

Many people blames Reconstruction failure on black politics, calling it "Negro government." Even some newspaper

One of the main reasons for the failure of Reconstruction was the dropped prices of crops. Many farmers and sharecroppers could not live off what they earned. The depression caused the price of cotton to nearly drop by 50%. Many of the main crops such as: tobacco, rice, and sugar also declined. "The depression disrupted commerce, bankrupted merchants, seriously undermined the economic situation or artisans, and all but eliminated prospects for social mobility among unskilled laborers of both races."

The banks could have also caused the failure of Reconstruction to speed up. The Freedman's Savings Bank went under with no money to pay its depositors. The bank held thousands of black's (Freedman) money. "In June 1874, with only $31,000 on hand to cover obligations to its

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Approximate Word count = 527
Approximate Pages = 2 (250 words per page double spaced)