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It enabled government owned and operated warehouses to store nonperishable agricultural commodities. Farmers depositing commodities could borrow, in United States Treasury notes, up to 80 percent of the market value of their stored crops or their land from the federal government, with a minimal charge for handling and operation. The national government would replace the lien system.

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Q: In 1891 the Texas Alliance proposed a subtreasury system to do what?
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