WE PRAY THEE, OH LORD TO HAVE MERCY ON US AND OUR FOREBEARS WHO DID THIS TO THE SMALLER LANDOWNERS AND THEIR FAMILIES. SHOW US HOW TO REDEEM THESE PAST SINS WITH FAITH AND COMPASSION…IN THY NAME!
Investors grow wheat on a grand scale in the Red River Valley. Their “bonanza farms” cover thousands of acres and are harvested by huge crews and the latest machinery.
A financial panic in 1873 stopped the construction of the Northern Pacific Railroad to the Red River Valley. In order to pay back its Eastern investors, the bankrupt company allowed its investors to exchange their bonds for land. As a result, large urban investors immediately became owners of thousands of acres of land (unlike homesteaders who had to live on the land for five years to get 160 acres). The new owners turn the land into large-scale commercial farms run by hired managers with cheap labor and expensive machinery.
Lord, You hate corruption of any sort in any relationship. “The LORD detests dishonest scales, but accurate weights find favor with him.” Proverbs 11:1* This panic of 1873, again at the hands…
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