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The Spring-Wheat Farmer in a Maturing Economy 1870–1920

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  • Saloutos, Theodore

Abstract

The spring-wheat region, stretching from central Minnesota across the X Dakotas and into Montana, has been the seat of much unrest owing to its unbalanced development from 1870 to 1920. It was colonized by seekers of the proverbial “free home†and fabulous profits to be had by raising wheat. As a result many farmers assumed burdensome economic ties and fell victims to over-optimism. Their difficulties were due to a variety of complex factors, some within and others outside their control; yet, one trend stood out noticeably: the grain growers persisted in a ruinous, anarchistic form competition, whereas among the merchants and their powerful allies competition was closely regulated.

Suggested Citation

  • Saloutos, Theodore, 1946. "The Spring-Wheat Farmer in a Maturing Economy 1870–1920," The Journal of Economic History, Cambridge University Press, vol. 6(2), pages 173-190, November.
    • Handle: RePEc:cup:jechis:v:6:y:1946:i:02:p:173-190_05
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    Cited by:

    1. Jacks, David S., 2005. "Intra- and international commodity market integration in the Atlantic economy, 1800-1913," Explorations in Economic History, Elsevier, vol. 42(3), pages 381-413, July.
    2. Yongseung Han & Arthur Snow & Ronald S. Warren, 2021. "Changes in the productive efficiency of U.S. flour mills in the late nineteenth century: an input-distance-function approach," Journal of Productivity Analysis, Springer, vol. 56(2), pages 115-132, December.

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