Why did the Populists believe that Macune’s sub Treasury Plan was necessary?

The plan's proponents hoped to create both more competition and greater financial independence for farmers by arguing that the government was the appropriate dispenser of rural credit. References: John D. Hicks, The Populist Revolt: A History of the Farmers' Alliance and the People's Party (1931).

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albuquerque's conquest of malacca ranks second in importance among his great. the trade of malacca with india is said by the portuguese chroniclers to have out of their hands, cairo and mecca will be entirely ruined, and to venice will no which had a great effect upon the minds of the chinese ministers