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    The Infinite Note: How the Fed Turned Texas Cattle into Collateral Forever

    The Infinite Note: How the Fed Turned Texas Cattle into Collateral Forever

    by Texas Slim | Dec 2, 2025 | Farm Policy, History, Land Rights

    Before the Federal Reserve, a cattle loan was exactly that: a short-term note tied to a specific herd, payable when the beef hit the railhead. Ranchers either paid up or lost the herd. There was no backstop, no extension, no creative accounting. The system was...
    The Finite Era: How Texas Kept Ranch Debt Honest

    The Finite Era: How Texas Kept Ranch Debt Honest

    by Texas Slim | Nov 21, 2025 | History, Business, Cowboy Talk

    If you rode into the Texas Panhandle in 1898, you were stepping into a different financial universe. No perpetual “operating lines.”No rolling paper stacked on top of last year’s mistakes.No banker in a tower deciding what your land was “worth” this quarter. Every...
    The Fence That British Bonds Built: How Foreign Capital Captured 3 Million Acres of Texas Grassland

    The Fence That British Bonds Built: How Foreign Capital Captured 3 Million Acres of Texas Grassland

    by Texas Slim | Nov 10, 2025 | Business, History, Land Rights

    The Texas Panhandle didn’t fall to war—it was sold off, one section at a time, in exchange for a building and a promise. By 1882, the Texas Legislature had grown tired of delays. The Capitol in Austin needed to be rebuilt. There wasn’t enough gold in the treasury to...
    The Bison Corridor: How We Defeated Extinction — and How We Can Again

    The Bison Corridor: How We Defeated Extinction — and How We Can Again

    by Texas Slim | Nov 6, 2025 | Business, Cowboy Talk, History

    Out here, the wind still talks. It moves across Palo Duro Canyon, the same red-walled fortress the Comanches once called home — their oasis, their refuge, their food chain. For three centuries they thrived here, hunting bison, rendering fat, living free. Now that land...

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