You Are Now on the 100° Meridian - South Dakota Historical Markers on Waymarking.com

For two generations the Insurance Companies and other world-wide lending agencies would not, as a matter of agreed policy, lend a shiny dime west of this line. The reason was that some geographer had labeled it the EAST EDGE of the Great American Desert. Neither the geographer nor the insurance Companies had been west of 100°. Today, more than a quarter of America's animal wealth alone, is produced from that misnamed desert. This unrealistic, geographically limited loan policy forced South Dakota into the farm loan business. Our Rural Credit business cost us plenty and was a splendid illustration of why a State should not be in the lending business. But South Dakota has paid all its debt in full. The 100th Meridian is just another bad memory. Historically however the 100° Meridian was a most important one in Western Economy.

Marker Name: You Are Now on the 100° Meridian Marker Type: Roadside Marker Text: Not listed

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Date Logged Log User Rating   07/18/2007 plainsdrifter358 visited it

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