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The House You'll Never Own

Act One. The Penny AuctionsNebraska, October 6, 1932. Five and a half miles southwest of Elgin, in the middle of farm country. Theresa Von Baum, a widow who worked her 80-acre farm with only the help of her sons after her husband’s death, couldn’t make the payment on her $442 mortgage. The bank moved to foreclose. The bank expected to make hundreds, or even thousands, of dollars for the farm.Nearly 3,000 farmers from Antelope and neighboring counties showed up at the Von Baum farm that day. They stood in silence. Waiting.The receiver, the bank’s man, wanted to reschedule. The farmers didn’t…

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