Welcome! Please use the navigational links to explore our website.
PartsASAP LogoCompany Logo (800) 853-2651

Shop Now

   Allis Chalmers Case Farmall IH Ford 8N,9N,2N Ford
   Ferguson John Deere Massey Ferguson Minn. Moline Oliver
 
Marketplace
Classified Ads
Photo Ads
Tractor Parts
Salvage

Community
Discussion Forums
Project Journals
Your Stories
Events Calendar
Hauling Schedule

Galleries
Tractor Photos
Implement Photos
Vintage Photos
Help Identify
Parts & Pieces
Stuck & Troubled
Vintage Ads
Community Album
Photo Ad Archives

Research & Info
Articles
Tractor Registry
Tip of the Day
Safety Cartoons
Tractor Values
Serial Numbers
Tune-Up Guide
Paint Codes
List Prices
Production Nbrs
Tune-Up Specs
Torque Values
3-Point Specs
Glossary

Miscellaneous
Tractor Games
Just For Kids
Virtual Show
Museum Guide
Memorial Page
Feedback Form

Yesterday's Tractors Facebook Page

  
Tractor Talk Discussion Board

Re: 1930s depression question


[ Expand ] [ View Replies ] [ Add a Reply ] [ Return to Forum ]

Posted by Goose on September 27, 2008 at 07:17:33 from (67.63.68.13):

In Reply to: 1930s depression question posted by old on September 26, 2008 at 21:16:38:

Gene's right in saying no one who is trying to explain today's problems has mentioned the Dust Bowl adding to the problems of the Great Depression.

Our daughter (history major) sent me a book on the Dust Bowl. The price of wheat was good in the late 1920's and millions of acres of native grasslands in Texas, Oklahoma, Kansas, and southern Nebraska were plowed up to be planted in wheat. Anyone who had a tractor and plow was in great demand. Kids as young as 12 were making big money by borrowing their father's or grandfather's tractor and putting in 12 hour days plowing up grassland that should never have been touched by a plow. Then when the drouth came, the soil was unprotected and began to blow in dust storms.

I was born in 1934 and can remember the tail end of the Depression and drouth years, and the financial stress my parents endured. Every Saturday, they took their eggs, cream, and other produce to town, sold it, and bought supplies and groceries for the coming week. They considered themselves secure if they had $3.00 left over each week.

For the last several years, I've been appalled watching HGTV when they would follow young couples buying their first house. These kids would buy a $300,000 house with zero down and an adjustable rate mortgage, interest only initially, to balloon in several years. They were upside down when they signed the papers. You could give them a written guarantee they'd be on the street in two or three years. And that was before prices declined and their house lost a fourth of its value.

I'm normally an optimist, but I have this edgy feeling the worst is yet to come.


Replies:




Add a Reply

:
:
:

:

:

:

:

:

:

Advanced Posting Options

: If you check this box, email will be sent to you whenever someone replies to this message. Your email address must be entered above to receive notification. This notification will be cancelled automatically after 2 weeks.



 
Advanced Posting Tools
  Upload Photo  Select Gallery Photo  Attach Serial # List 
Return to Post 

TRACTOR PARTS TRACTOR MANUALS
We sell tractor parts!  We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]

Home  |  Forums


Today's Featured Article - Chores - by Frank Young. The ceaseless passing of time! It is at once our friend and our enemy. It measures our progress and it makes us old. Like most features of our life, few things are all good or all bad, and most such judgments depend on our own perspective or viewpoint. In our particular hobby, we enjoy the nostalgic return to the days of our youth as we recreate many of the scenes that took place on the family farm that served as the stage for the first few acts of the play that is our live ... [Read Article]

Latest Ad: Sell 1958 Hi-Altitude Massey Fergerson tractor, original condition. three point hitch pto engine, Runs well, photos available upon request [More Ads]

Copyright © 1997-2024 Yesterday's Tractor Co.

All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy

TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.

Yesterday's Tractors - Antique Tractor Headquarters

Website Accessibility Policy