MY Great Grand Mother talked about how tough times could get. When she talked about the "Depression" She was talking about the one in 1892. It did not last as long but the drop was as bad as the one in the 1930s.
She said her Father and her attended a foreclosure sale of one of her classmates parents. They lost everything as the bankers at that time even sold small personal property. She talked about how Her Father bought the livestock, including a team of horses an a wagon and plus all the household stuff. When the sale was over her Father told the people that had been sold out, to load up all the house hold stuff and bring it plus the livestock over to his lower farm house. They needed to get moved ASAP as he expected a full days work Monday at their new house and job. Within five years they had worked and saved their money up. They bought that farm off her Father.
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