THE ECONOMIC CONSEQUENCES OF THE DEPRESSION
ONLY BY KEEPING in mind the background of the "terrible 'thirties" can one understand the rapid growth of the C.C.F. in Saskatchewan and the continued existence of protest movements in the West. Saskatchewan, a community that had enjoyed year after year of prosperity, was struck without warning by a misfortune that lasted for nine years and wiped out the source of income of well to do and poor alike -- a combined catastrophe of drought and low prices. At the same time, a great economic depression hit the whole world, distracting outside attention from the crisis in Saskatchewan.
Before the depression this province was one of the most prosperous farming communities on the North American continent. Serious differences of income and size of farms had not yet developed. The rich soil produced a crop that was in great demand in the industrial nations of Europe.
In the four years 1925 to 1928, Saskatchewan agriculture flourished. Wheat crops averaging 260 million bushels sold at an average price of $1 at country delivery points during this period, and the returns were on the whole well distributed. Gross agricultural income was about $400