Your search for work has proved unsuccessful and the loan payment is due. You approach the banker knowing the inevitable outcome. However, you’re flabbergasted when he smiles at you and tells you that you can have an extension on your loan, explaining that on May 12th President Roosevelt signed the Farm Mortgage Act which will extend the repayment schedules on your delinquent loans and offer emergency financial assistance. Thankfully, you will be able to stay on your farm and continue eking out a living.

Losing the family farm was an all too common consequence of the depression. Several farmers, because of multiple failed crops and mountains of debt were forced to move somewhere else, whether that was to town, west or to relatives somewhere else in the States.

Do you live in Nebraska? or Kansas?