Following the Cattle King Oral History Transcript a Lifetime of Agriculture
Following the Cattle King Oral History Transcript a Lifetime of Agriculture
George Wilmarth Nickel
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I was able to substantiate that by showing crop damage and so on. But it had primarily to do with the government loans. Faulhaber: I remember the eighties as being difficult years because my father was farming too. It seemed to me it was a series of things, not to mention the fact that interest rates were so high and property values were falling. Many farmers in the Central Valley didn t make it. That must have been a very tough time for you. How did you eventually work your way out of the hole...? Nickel: It was difficult. I sold quite a lot of the farm land that I had, and I think that had a lot to do with it. Then farming programs turned out to be more successful, and in addition to that I was able to sell the Rio Bravo Resort. I also had a very nice office complex to the south of the Rio Bravo Resort facilities. And I sold that too. So I sold things wherever I could to simply get the government loans straightened out. I am proud to say that I finally got them all straightened out and all paid off.
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