American Tobacco Company (ATC)
The American Tobacco Company or the Tobacco Trust was one of the most sophisticated and highly financed industrial monopolies in the late 1890s. When the burley crop of 1906 and 1907 was boycotted by the ATC, farmers resulted to desperate measures. In the year 1908 over thirty-five thousand farmers in over thirty counties did not plant tobacco. This created a huge consequence since an entire year’s worth of crop was lost. Since there were drastic consequences the ATC agreed to the farmers demands in November 1908.
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Famous quotes containing the words american, tobacco and/or company:
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