My folks didn’t talk about their business,
but always, in the back of the mind, they were afraid they would lose the farm, because
so many people did at that time, but we saved our farm. In 1932 farm families watched prices
hit extreme lows: 15 cents a bushel for corn, 3 cents a pound for hogs, 2.5 cents for cattle.
With prices well below the cost of production, most farmers knew that sooner or later, they
might lose everything. Some lost the farm. We had two farms near us that renters would
rent. I don’t know if those people had originally been land owners, but they were farms you
didn’t have a chance in a snowstorm of making a living on. People would come and maybe last
one or two years and then they’d move on to somewhere else. Nobody particularly looked
down on them. They didn’t know if they’d be in the same situation themselves soon.