The JD Dealer Told Him "Your Boys Will Never Respect Old Farmall"… His Sons Still Run It, Debt-Free
Автор: Grandpa's Farm Wisdom
Загружено: 2025-12-30
Просмотров: 737
In March 1973, Iowa farmer Clayton Howell walked out of a John Deere dealership, refusing to finance a new tractor while keeping his paid-off 1940s Farmalls. His salesman warned that his sons would never respect old equipment.
Over the next decades—through oil embargoes, 20% interest rates, and collapsing grain prices—neighbors who had financed new equipment lost their farms to foreclosure. The Howells survived debt-free.
Fifty years later, four generations still farm the same land. The old Farmall still runs in the shed—a testament to choosing stability over growth, freedom over appearance, and the long view over keeping up with the crowd.
A story about debt, survival, and what children truly respect in their parents.
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