"Yes I did because my father had invested in – in his later years he owned so much of Perkins County. He would buy farms and farms. Well and he also opened some banks in those little towns, and they all crashed. I was in York when he called and told me about it. And of course it made – but for some reason he faced it beautifully and we went on living … Oh, I guess I said, 'Oh Dad, I'm so sorry.' … He sold several of his ranches and reopened the bank. And so it was – he kept it open for two or three years I think. And then times were so hard nobody had any money. So, it failed again along with hundreds and hundreds of others of those little banks."

Louise Dougherty on Failing Banks


Other Excerpts from Louise Dougherty's Interview:

The Crash
Buying a House
Board of Education