Wessels Living History Farm - York Nebraska Farming in the 1930s
Making MoneyWaterFarm LifeMachinesCrops Pests & WeedsWorld Events

Barter Economies

During the Depression the agricultural economy got so bad that many farmers were forced to trade their crops and other goods to people in town that they owed. Basically, people bartered, trading goods and services directly with each Video Interview Thurman Hoskinsother rather than going through the intermediate step of converting the goods and services into a cash value.

Walter Schmitt (left) remembers a time when his blacksmith shop accepted payment in the form of potatoes – which was OK with him because, "No meal is complete without potatoes somewhere. [Laughs.]"

Video Interview Thurman HoskinsHelen Bolton remembers paying the doctor with corn that was worth 10-cents a bushel at the time. The doctor was able to hold on to it until the price rose to 50-cents a bushel. As Helen says, "They made a good profit."

Written by Bill Ganzel of the Ganzel Group. First written and published in 2003.


A New Deal

Go to:
Making Money Water Farm Life Machines Crops Pests & Weeds World Events
Wessels Living History Farm
Farming in the 1920s
Farming in the 1930s