Transcript/Biography

Up
Down

"I was quite young at that time, but I still remember the crash. The Depression actually started in '29. That's when that stock market and everything went. Then everything dropped. Corn, I seen on the board in Hampton – that's where we lived at that time when it started – nine-cents a bushel. But very little of it was sold at nine, most of it was sold at 10- and 11[-cents]. And, everything just went all to pieces. Eggs was 10-cents a dozen. And your wheat, I really don't know just what the wheat did, dropped to. My memory tells me somewhere around 70-cents. It went down to about 70-cents a bushel… It just dropped to nothing. We had, I believe Dad had over 100 acres of corn and it all went for around 10-cents a bushel. Land prices dropped down from 200-250 dollars an acre. It was getting down to $40. And nobody, nobody sold and nobody bought. There was nothing going on at all."

LeRoy Hankel – Falling Prices after the Crash

   

Other Excerpts from LeRoy Hankel's Interview:

Starting the Tractor
Rubber Tractor Tires
Combines
Horses to Tractors
Buying Equipment
Stock Market Crash
Selling Hogs
Living on a Dollar a Day
Affording the Light Bill
Dust and Rain
The Power of the Wind
Drought in the 30s
Participating in the AAA
Decline in Farms