The Jack London Story And the Beauty Ranch Oral History Transcript 2001

Cover The Jack London Story And the Beauty Ranch Oral History Transcript 2001
The Jack London Story And the Beauty Ranch Oral History Transcript 2001
Milo Shepard
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I wanted to read what he said in about 1911; that was probably when he bought the winery property. He said, "At the present moment, I m the owner of six bankrupt ranches, which represent at least eighteen bankruptcies. At least eighteen farmers of the old school have lost their money, broken their hearts, lost their land. " Well, this is true. But, however, as I say, today you re seeing these large farmers go out of business and going bankrupt in the Midwest. In those days they were smaller far...mers. The economy changed. You had to get larger, except they were very small thenyou know, 129 acres. Eventually that wasn t large enough.
115 Crawford: Shepard: Crawford: Shepard: Crawford: Shepard: Crawford: Shepard: Crawford: Shepard: At one time, that was large enough. But eventually, because of economics, it no longer was, and so they d go in and out of bankruptcy. As I said, when London died, there were mortgages --God knows how many mortgages. I looked at them all, and I said, "The heck with them" and threw them all away.


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