During the closing decades of the nineteenth century, farmers complained about all of the following except rising prices.
Farmers asserted that as farm prices declined, their earnings also did so. Typically, they attributed low pricing to overproduction. They claimed that railways and grain elevators with monopolies imposed unreasonable rates on their services. The farmers' answer to the monopoly issue was government regulation. There was an impression of a credit and financial deficit.
Farmers believed that deflation was occurring as a result of excessive interest rates caused by monopolistic lenders and a lack of money supply. As farmers repaid loans with money that was much more valuable than the amount they had borrowed, a declining price level exacerbated the real burden of debt. They also bemoaned the influence of the railroads, large corporations, and bankers on politics.
The correct answer is option A.
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