If It Gets Bad, I’ll Go to Idaho
In the 1930’s, the farm population in the US was nearly 25% of the total and it was quite common for farmers to borrow from the bank (using their farms as collateral) in the expectation that the proceeds from their annual crop would pay off the note each year.
But, in 1929, there was a crash in the stock market, lowering the sales price of crops significantly. That, and coincidental droughts throughout the farm belt, resulted in a large percentage of the thirty million farmers failing to meet their payments. They lost their farms.
Worse, they could not turn to another line of work, as layoffs were taking place in all industries, as a result of the Great Depression, which followed the crash.
But it was said that, in California, there was year-round good weather and the orange groves were full of fruit needing to be picked. If only the Okies could get there, they’d be all right.
And, of course, as most Americans know, this ended in a mass migration. Some 7,000 Okies flooded into California every month.
Not surprisingly, Californians found that they had to deal with overwhelming numbers of people with limited skills, all of whom were broke. They were everywhere and, in a very short time, the authorities were called in to keep them out.
Of course, in any situation in which large numbers of starving people are pitted against armed authorities, the situation does not end well.
In looking back at this period, it’s important to remember that, in mid-1929, warnings had been offered that a market crash was in the making and that the US would soon find itself in an economic crisis.
In spite of these warnings, the great majority of people said, “If it happens, I’ll deal with it when the time comes.”
Unfortunately, if people
Article from LewRockwell