The Okie Legacy: Early Thirties Economy

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Volume 5 , Issue 5

2003

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Early Thirties Economy

Let us go back to 1931 with a brief history of the Early Thirties Economy In 1930 and 1931, the decade opened with unparalleled prosperity and growth. Nation's business magazines labeled the panhandles of Oklahoma and Texas as the most prosperous region.

The Panhandle was a marked contrast to the long soup lines of the Eastern United States. 1930 was dry but most of the farmers made a wheat crop. In 1931 the wheat crop was considered a bumper crop with over twelve million bushels of wheat. Wheat was everywhere, in the elevators, on the ground and in the road. The wheat supply forced the price down from sixty-eight cents/bushel in July 1930 to twenty-five cents/bushel in July 1931. Many farmers went broke and others abandoned their fields.

An Alleged 1931 Road Trip http://okielegacy.net/image/1931RdMapNM.jpg This next little bit of Okie history concerns a 1931 Road Map owned by Bob McGill. It was of New Mexico, the sunshine State. A pencil-lined road trip starting at Boise City in the Oklahoma panhandle and advancing through the eastern sites of New Mexico follows US-64 and sometimes the Atchison Topeka & Santa Fe Railway lines until he reached Carlsbad, New Mexico.
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